CC RES 1994-014RESOLUTION NO. 94 -14
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 93 -44,
THE BUDGET APPROPRIATION FOR FISCAL YEAR 1993 -94,
FOR PAYMENT OF UNEMPLOYMENT INSURANCE.
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 18, 1993, the City Council of the City of Rancho
Palos Verdes adopted Resolution 93 -44, approving a spending plan
and authorizing a budget appropriation for the 1993-94 fiscal year ;
and
WHEREAS, the City's unemployment insurance costs are exceeding the
FY 1993 -94 budget;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
That the following adjustments be made to the Employee Benefits
Fund:
(1) Increase unemployment insurance by $10,000.
(2) Decrease the estimated fund balance by $10,000.
PASSED, APPROVED, AND ADOPTED THE 5TH DAY OF APRIL, 1994,
C6
MAYOR
ATTEST:
C ,,tJv C ler
St"fte 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. 94 -14 was duly
and regularly passed and adopted by the said City Council at
a regular meeting thereof held on April 5, 19940
CITY CLERK, CII OF RANCHO PALOS VERDES