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CC RES 1995-019RESOLUTION NO. 95 -19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 94 -47, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1994 -95, FOR A BUDGET ADJUSTMENT TO VARIOUS CITY ACCOUNTS FOR STORM RELATED EXPENSES 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 21, 1994, the City Council of the City of Rancho Palos Verdes adopted Resolution 94 -47, approving a spending plan and authorizing a budget appropriation for the 1994 -95 fiscal year; and WHEREAS, the City was hit by a series of severe winter storms beginning January 4, 1995; and WHEREAS, the City immediately responded to the disaster and continues to make disaster related repairs; and WHEREAS, the costs for storm related response and repair activity will exceed the funds available in the approved FY 1994 -95 annual budget; and WHEREAS, an increase in various City accounts is necessary to make funds available for storm related costs. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the FY 1994 -95 Annual Budget be amended as follows: That the General Fund contingency account be reduced $8,900 and the following General Fund accounts be increased: 230 -50 Operating Supplies $ 41200 301 -39 Professional and Consulting Services 11200 340 -1.3 Salary and Wages - Overtime 500 340 -28 Building Maintenance 21500 401 -13 Salary and Wages - Overtime 500 That the 1972 Act unreserved fund balance be reduced $15,200 and the following 1972 Act Fund accounts be increased: 341 -29 Landscape Maintenance $ 51900 303 -29 Landscape Services 91300 That the Gas Tax unreserved fund balance be reduced $119,900 and the following Gas Tax Fund accounts be increased: 302 -2.5 Miscellaneous Contractual Services $21,700 302 -30 Street Maintenance 85,500 302 -50 Operating Supplies 61700 305 -30 Street Maintenance 61000 That the Capital Improvement Program unreserved fund balance be reduced $16,000 and the following Capital Improvement Program account be increased: 930 -82 Improvements Other Than Buildings $16,000 PASSED, APPROVED, AND ADOPTED THE 21ST DAY OF FEBRUARY, 1995. A�7YOR ATTEST: CITY EPUTY 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. 95 -19 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on February 21, 19950 'jo0or DEPUTY CITY CLERK -2- RESOL. NO. 95 -19