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RESOLUTION 14-21 <br />RESOLUTION AMENDING THE 2020-21 OPERATING AND <br />CAPITAL IMPROVEMENT PROGRAM BUDGET <br />WHEREAS, the City Council of the Town of Los Altos Hills adopted the 2020-21 Operating and <br />Capital Improvement Program Budget on June 18, 2020; and <br />WHEREAS, the City Council approved increase General Fund expenditure budget by $25,000 <br />for consulting services on the GreenWaste contract on November 19, 2020; and <br />WHEREAS, the City Council approved increasing General Fund expenditure budget by $25,000 <br />for one-time merit for staff on December 17, 2020; and <br />WHEREAS, as detailed in the accompanying Staff Report and the 2020-21 mid -year financial <br />update, a number of budget adjustments, transfers are necessary to accomplish the Town's day-to- <br />day operations and capital projects; and <br />WHEREAS, total impact on Town funds are as follow: <br />NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby RESOLVE <br />to amend the 2020-21 Operating and Capital Improvement Program Budget. <br />The above and foregoing Resolution was passed and adopted by the City Council of the Town of <br />Los Altos Hills at a regular meeting held on the 18th day of February 2021 by the following vote: <br />AYES: Tankha, Tyson, Mok, Schmidt, Swan <br />NOES: None <br />ABSTAIN: None <br />Resolution 14-21 Page 1 <br />Expenditure <br />Account <br />Fund <br />Debit/ Credit <br />Town Hall Battery Back -Up Generator <br />General Capital Fund (041) <br />$ 450,000 <br />041-6900-6622 <br />Grant from CalOES for Town Hall <br />General Capital Fund (04 1) <br />(250,000) <br />Battery Back -Up Generator (041-6900- <br />4xxx <br />Transfer from General Fund (011- <br />General Fund (0 11) <br />200)000 <br />0000-7001 <br />Transfer to Capital Fund (041-0000- <br />General Fund (041) <br />(200,000) <br />5003 <br />Pension Pre -Funding 011-0000-6xxx <br />General Fund 011 <br />1,000,000 <br />Salary Merit 011-xxxx-6xxx <br />General Fund 011 <br />50,000 <br />Transfer to Sewer Fund for Excess <br />Sewer Fund (051) <br />(294,316) <br />Overhead Allocation 051-0000-5003 <br />Transfer from General Fund (011- <br />General Fund (0 11) <br />294,316 <br />0000-7001 <br />Sewer Excess Overhead (051-0000- <br />Sewer Fund (051) <br />(294,316) <br />4xxx <br />NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby RESOLVE <br />to amend the 2020-21 Operating and Capital Improvement Program Budget. <br />The above and foregoing Resolution was passed and adopted by the City Council of the Town of <br />Los Altos Hills at a regular meeting held on the 18th day of February 2021 by the following vote: <br />AYES: Tankha, Tyson, Mok, Schmidt, Swan <br />NOES: None <br />ABSTAIN: None <br />Resolution 14-21 Page 1 <br />