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CC RES 1997-061RESOLUTION NO. 97 -61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION 96 -38, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1996 -97, TO REDUCE THE BUDGET FOR CERTAIN PROJECTS WHICH WERE RE- BUDGETED IN FISCAL YEAR 1997 -98, AND TO REDUCE THE BUDGET FOR THE APPROVED CONTINUING APPROPRIATIONS. WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all expenditures in excess of budgeted allocations must be by supplemental appropriation of the City Council: and WHEREAS, on June 4, 1996 the City Council of the City of Rancho Palos Verdes adopted Resolution 96 -38, approving a spending plan and authorizing a budget appropriation for the 1996 -97 fiscal year: and WHEREAS, certain projects included in the fiscal year 1996 -97 budget will be carried over as continuing appropriations to the fiscal year 1997 -98 (listed in the attached Exhibit A); and WHEREAS, certain projects included in the fiscal year 1996 -97 budget were rebudgeted in the fiscal year 1997 -98 budget (listed in the attached Exhibit B); and WHEREAS, the City Council desires that the fiscal year 1996 -97 budget be reduced for each of these specific projects that were rebudgeted in fiscal year 1997 -98 as well as for each of the continuing appropriations carried over to fiscal year 1997 -98; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the fiscal year 1996 -97 budget per the attached Exhibits A and B: Decrease the Internal Service Fund budget as follows: 382 -86 Computer equipment $100,000 383 -85 Furniture and equipment 441940 Decrease the General Fund budget as follows: 340 -30 Maintenance services 21000 401 -35 Professional /technical services 47,050 Decrease the Gas Tax Fund budget as follows: 302 -30 Maintenance services 5081941 302 -35 Professional /technical services 37,055 Decrease the Community Development Block Grant Fund budget as follows: 910 -35 Professional /technical services 101,267 910 -82 Improvements other than buildings 604,000 Decrease the Recycling Fund budget as follows: 312 -68 City grants 451793 Decrease the Solid Waste Fund budget as follows: 313 -35 Professional /technical services 3,000 Decrease the Capital Improvement Projects Fund as follows: 930 -35 Professional /technical services 462,586 930 -82 Improvements other than buildings 219101257 Decease the Park Development (QUIMBY) Fund budget as follows: 934 -35 Professional /technical services 51527 934 -82 Improvements other than buildings 607000 PASSED, APPROVED, AND ADOPTED THE AT EST: CITY CLERK State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 97 -61 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on July 1, 1997. CITY CLERK CITY O ANCHO PALOS VERDES -2- RESOL. NO. 97 -61