HomeMy WebLinkAbout46-18 RESOLUTION 46-18
A RESOLUTION OF THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING THE FISCAL YEAR
2018-19 APPROPRIATION LIMIT AND
THE 2018-19 BUDGET WITH THE EXCEPTION OF THE
GARDNER BULLIS PATHWAY PROJECT
WHEREAS, the City Council of the Town of Los Altos Hills has received and completed its
review of the proposed 2018-19 Operating and Capital Budget; and
WHEREAS, the City Council of the Town of Los Altos Hills now desires to adopt the
Appropriations Limit and budget for fiscal year 2018-19.
NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve as
follows:
I. The Gann Appropriations Limit as shown in Attachment IA is hereby approved;
and
A. The projections for the budgets for 2019-20 for the operating budget and through 2022-
23 for capital projects are estimates only for planning purposes and are not being
approved at this time.
B. The amount of the 2018-19 fiscal year budget for each account area of the budget may
be drawn upon in the form of warrants issued for payment of demands and certified in
accordance with the provisions of California Government Code Section 37208 and
37209.
C. The budget is adopted and shall be controlled at the Fund level by department for the
operating budget and by the project level for capital improvement projects.
D. The City Manager is hereby authorized to move budgeted dollars between departments
(for the operating budget) and between projects (for the capital improvement budget)
during the fiscal year if those transfers are from the same funding source and the overall
cumulative appropriation is not increased.
E. The Administrative Services Director is hereby authorized to carry forward unspent
appropriations to the 2018-19 fiscal year if such funds are necessary to complete
budgeted projects.
F. The Administrative Services Director is hereby authorized to make corrections to the
budget as reflected in the attached budget document that are errors or inconsistencies
without increasing overall appropriations within the same funding source.
G. The City Manager is hereby authorized to solicit bids on the open market for projects
budgeted herein.
H. The Administrative Services Director shall periodically report to the City Council the
amount and classification of revenues received and expenditures made.
I. A copy of the adopted budget, signed by the Mayor and attended to by the City Clerk,
shall be kept on file with the City Clerk of the Town of Los Altos Hills, as the official
budget of the Town of Los Altos Hills for the 2018-19 fiscal year;
Resolution 46-18 Page I
II. A. The operating budget as shown in the attached budget document is hereby
approved; and
B. The capital improvement budget as shown in the attached budget document
with the exception of the project for the Gardner Bullis Pathway is hereby
approved.
The above and foregoing Resolution was passed and adopted by the City Council of the Town of
Los Altos Hills at a regular meeting held on the 21'day of June, 2018 by the following vote:
AYES: Radford, Spreen, Corrigan, Waldeck, Wu
NOES: None
ABSTAIN: None ////
ABSENT: None 't
BY:
n Radford, Mayor
ATTEST:
Deborah Padovan, City Clerk
Resolution 46-18 Page 2
Attachment lA
Worksheet #8
Appropriations Subject to Limitation
2018-19
Amount Source
6687,14;2
1,086,098,
5,498,964.
7,145,665.
1,646,701
Resolution 46-18 Page 3