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CC RES 1996-051RESOLUTION NO. 96 -51 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION 95 -50, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1995 -96, TO REDUCE THE BUDGET FOR CERTAIN PROJECTS WHICH WERE RE- BUDGETED IN FISCAL YEAR 1996 -97, 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 May 16, 1995 the City Council of the City of Rancho Palos Verdes adopted Resolution 95 -50, approving a spending plan and authorizing a budget appropriation for the 1995 -96 fiscal year: and WHEREAS, certain projects included in the fiscal year 1995 -96 budget were carried over as continuing appropriations to the fiscal year 1996 -97; and WHEREAS, certain projects included in the fiscal year 1995 -96 budget were rebudgeted in the fiscal year 1996 -97 budget; and WHEREAS, the City Council desires that the fiscal year 1995 -96 budget be reduced for each of these specific projects that were re- budgeted in fiscal year 1996 -97 as well as for each of the continuing appropriations carried over to fiscal year 1996 -97; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the fiscal year 1995 -96 budget: Decrease the Internal Service Fund budget as follows: 382 -86 Computer equipment Decrease the 301 -39 340 -28 401 -35 401 -39 560 -39 General Fund budget as follows: Professional & consulting services Building maintenance Professional /technical services Professional & consulting services Professional & consulting services -PVIC Decrease the Gas Tax Fund budget as follows: $1001000 6,000 4,370 245,625 23,495 4,310 302 -31 Curb and sidewalk maintenance 302 -37 Public Works contractor 302 -82 Improvements other than buildings Decrease the Community Development Block Grant Fund budget as follows: 910 -37 Public Works contractor 910 -39 Professional & consulting services Decrease the Recycling Fund budget as follows: 312 -68 City grants Decrease the C 930 -35 930 -37 930 -39 930 -42 930 -82 ;apital Improvement Projects Fund as follows: Professional & Technical Public Works contractor Professional & consulting services Construction services Construction Decease the Park Development (QUIMBY) Fund budget as follows: 934 -82 Construction 80,000 81640 30,000 61432 13,679 22,100 3781900 42,740 14,209 251786 2,804,849 PASSED, APPROVED, AND ADOPTED THE 2ND DAY OF JULY, 1996. MAY SA A EST: CITY CLERK State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) •1 111 I, JO P U RC E LL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 96 -51was duly and regularly passed and adopt d by the said, City Council at regular meeting thereof held on July 2, 1996. CITY CLERK CITY FRANCHO PALOSVERDES RESOL. NO. 96 -51 PAGE 2