HomeMy WebLinkAbout63-23RESOLUTION 63-23
A RESOLUTION OF THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING THE FY 2023-24
APPROPRIATION LIMIT AND
THE FY 2023-24 BUDGET
WHEREAS, the City Council of the Town of Los Altos Hills has received and completed its
review of the proposed FY 2023-24 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 FY 2023-24.
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 1 is hereby approved; and
II. The Operating and Capital Budget as shown in the Attachment 2 budget document
is hereby approved; and
A. The amount of the FY 2023-24 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.
B. 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.
C. 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.
D. The Administrative Services Director is hereby authorized to carry forward unspent
appropriations to the FY 2023-24 if such funds are necessary to complete budgeted
projects.
E. 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.
F. The City Manager is hereby authorized to solicit bids on the open market for
projects budgeted herein.
G. The Administrative Services Director shall periodically report to the City Council
the amount and classification of revenues received and expenditures made.
H. 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 Cleric of the Town of Los Altos Hills, as
the official budget of the Town of Los Altos Hills for the FY 2023-24;
Resolution 63-23 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 15th day of June 2023 by the following vote:
AYES: Swan, Mok, Schmidt, Tankha, Tyson
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST:
9L--
Neborah Padovan, Nty Clerk
Resolution 63-23
Linda G. Swan, Mayor
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