HomeMy WebLinkAbout14-21RESOLUTION 14-21
RESOLUTION AMENDING THE 2020-21 OPERATING AND
CAPITAL IMPROVEMENT PROGRAM BUDGET
WHEREAS, the City Council of the Town of Los Altos Hills adopted the 2020-21 Operating and
Capital Improvement Program Budget on June 18, 2020; and
WHEREAS, the City Council approved increase General Fund expenditure budget by $25,000
for consulting services on the GreenWaste contract on November 19, 2020; and
WHEREAS, the City Council approved increasing General Fund expenditure budget by $25,000
for one-time merit for staff on December 17, 2020; and
WHEREAS, as detailed in the accompanying Staff Report and the 2020-21 mid -year financial
update, a number of budget adjustments, transfers are necessary to accomplish the Town's day-to-
day operations and capital projects; and
WHEREAS, total impact on Town funds are as follow:
NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby RESOLVE
to amend the 2020-21 Operating and Capital Improvement Program Budget.
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 18th day of February 2021 by the following vote:
AYES: Tankha, Tyson, Mok, Schmidt, Swan
NOES: None
ABSTAIN: None
Resolution 14-21 Page 1
Expenditure
Account
Fund
Debit/ Credit
Town Hall Battery Back -Up Generator
General Capital Fund (041)
$ 450,000
041-6900-6622
Grant from CalOES for Town Hall
General Capital Fund (04 1)
(250,000)
Battery Back -Up Generator (041-6900-
4xxx
Transfer from General Fund (011-
General Fund (0 11)
200)000
0000-7001
Transfer to Capital Fund (041-0000-
General Fund (041)
(200,000)
5003
Pension Pre -Funding 011-0000-6xxx
General Fund 011
1,000,000
Salary Merit 011-xxxx-6xxx
General Fund 011
50,000
Transfer to Sewer Fund for Excess
Sewer Fund (051)
(294,316)
Overhead Allocation 051-0000-5003
Transfer from General Fund (011-
General Fund (0 11)
294,316
0000-7001
Sewer Excess Overhead (051-0000-
Sewer Fund (051)
(294,316)
4xxx
NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby RESOLVE
to amend the 2020-21 Operating and Capital Improvement Program Budget.
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 18th day of February 2021 by the following vote:
AYES: Tankha, Tyson, Mok, Schmidt, Swan
NOES: None
ABSTAIN: None
Resolution 14-21 Page 1
ABSENT: None
ATTEST:
Deborah Padovan, City Clerk
BY:
Resolution 14-21
Kavita Tankha, Mayor
Page 2