CC RES 1992-001RESOLUTION NO. 92 - 1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 91 -33,
THE BUDGET APPROPRIATION FOR FISCAL YEAR 1991 -92.
WHEREAS, on June 5, 1991, the City Council of the City of Rancho
Palos Verdes adopted Resolution 91 -33, approving a spending plan
and authorizing a budget appropriation for the 1991-92 fiscal year ;
and
WHEREAS, City staff has conducted an analysis of revenues and
expenditures for the next five years, and has determined that a
significant shortfall is projected for fiscal year 1992-93; and
WHEREAS, Council has determined that it is necessary to make some
budget reductions at this time in order to provide for additional
reserves in the following fiscal year.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
(1) That the appropriations in the following programs be amended as
follows:
General Fund:
City Manager
Administrative Services /Personnel
Non Departmental
Cable TV
Public Safety /Sheriff Supplemental
Public Works /Administration
Public Works /Civic Center Maintenance
Public Works /Park Maintenance
Public Works /Trails Maintenance
Environmental Services /Planning
Environmental Services /Building & Safety
Recreation & Parks /General Fund
Recreation & Parks /PVIC
Total General Fund
(4 , 000;
(81000 ;
(25,000 ;
(3,000 ;
(3,000 ;
(61000 ;
(51000 ;
(18,000 ;
(710001
(10,000,
(310001
(13,000;
(10,000,
$ (115,000)
(2) Increase revenue in the General Fund by $5,000 to reflect a
refund of contributions paid to the Palos Verdes Peninsula
Cable Television Authority in the 1990 -91 and 1991 -92 fiscal
years.
PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF JANUARY, 1992.
State of California
County of Los Angeles
City of Rancho Palos Verdes
� ss
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes,
hereby certify that the above Resolution No. 92 - 1 was duly
and regularly passed and adopted by the said City Council at
a regular meeting thereof held on January X) 1992. � r
CITY CLF�K
CITY RANCHO PALOS VERDES