HomeMy WebLinkAbout21-23RESOLUTION 21-23
RESOLUTION AMENDING THE 2022-23 OPERATING AND
CAPITAL IMPROVEMENT PROGRAM BUDGET
WHEREAS, the City Council of the Town of Los Altos Hills adopted the 2022-23 Operating and
Capital Improvement Program Budget on June 16, 2022; and
WHEREAS, the City Council approved decrease in General Fund revenue budget by $898,00 for
License & Permits and an decrease of General Fund expenditure budget for development review
in the amount of $269,000, increase of $70,000 for Reach Codes, and City Attorney fees of
$200,000, totaling an increase of $1,000; and
WHEREAS, the City Council approved increasing the Capital expenditure budget of $50,000 for
the City Council AV system; and
WHEREAS, the City Council approved an allocation of $200,000 from the Disaster Contingency
Reserve and appropriate to the Emergency Operations Project -SCC Atmospheric River #1.
WHEREAS, as detailed in the accompanying Staff Report and the 2022-23 mid -year financial
update, a few budget adjustments are necessary to accomplish the Town's day-to-day operations
and capital projects; and
WHEREAS, total impact on Town funds are as follow:
Account
Fund
Increase/ Reduce
Reduce Revenue -License & Permit
Revenue
General Fund (011)
(803,000)
Reduce Revenue -Charges for Services
General 'Fund 011
95,000
Reduce Expenditure -Planning &
Building -Development Review
General Fund (0 11)
(269,000)
Increase Expenditure -Planning &
Building -Reach Codes
General Fund (0 11)
70,000
Increase Expenditures -City Attorney
General Fund 011
200,000
Increase Capital Projects
Capital Fund 041
50,000
Allocate from Disaster Contingency
Reserve
EOC-SCC
Atmospheric River #1
200,000
NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve to
amend the 2022-23 Operating and Capital Improvement Program Budget.
Resolution 21-23 Page 1
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 16th day of February 2023 by the following vote:
AYES: Swan, Mok, Schmidt, Tankha, Tyson
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST:
eborah Padovan, City Clerk
BY:
Linda G. Swan, Mayor
Resolution 21-23
Page 2