HomeMy WebLinkAbout10-98f.:
RESOLUTION NO. 10-98
A RESOLUTION OF THE CITY COUNCIL OF THE
TOWN OF LOS ALTOS HILLS ADOPTING THE MID-
YEAR BUDGET CHANGES FOR FISCAL YEAR 1997-98
WHEREAS, the City Council did, on June 18th 1997, approve and adopt the
Operating Budget for the Town of Los Altos Hills for the 1997-98 Fiscal Year;
and
WHEREAS, the City Council did, on October 15a, 1997, approve and adopt
the Capital Improvements Project Budget for the Town of Los Altos Hills for
the 1997-98 Fiscal Year; and
WHEREAS, after reviewing the current budgeted revenues and expenditures
for fiscal year 1997-98, adjustments to the budgets are recommended to more
accurately reflect year-end projections;
NOW THEREFORE, the City Council of the Town of Los Altos Hills does
RESOLVE as follows:
1. The City Council does hereby approve and adopt the Mid -Year Operating
and Capital Budgets .for the Town for Fiscal Year 1997-98 consisting of
changes to the revenues and appropriations as set forth in Exhibit A
attached hereto.
2. The City Manager is hereby authorized to prepare the amendment to the
Town's operating and capital budgets to reflect these changes.
3. A copy of both the amended Operating and Capital Budgets shall be kept
on file with the City Clerk of the Town of Los Altos Hills, as the official
Budgets of the Town of Los Altos Hills for the 1997-98 Fiscal Year.
REGULARLY passed and adopted this 4th day of March, 1998
ATTEST:
City Clerk
Y
Mayor
0-11, • • •
Town of Los Altos Hills
1997 - 1998 Midyear Adjustments Exhibit A
Account
Description
Decrease
Increase
Revenues:
General Fund
110000-4010
Property Taxes - secured
60,500
+
110000-4301
Building Permits
150,000
+
110000-4302
Electrical Permits
7,000
+
110000-4303
Heating Permits
5,600
+
110000-4304
Plumbing Permits
7,000
+
110000-4306
Housing Permits
8,500
+
110000-4310
Septic Tank Fees
1,750
+
1100004512
Vehicle Code Fines
4,000
110000-4601
Site Development Fees
22,500
-
110000-4602
Variance Fees
4,600
-
110000-4606
Tentative Map Fees
1,500
+
110000-4607
Final Map Fees
17,000
+
110000-4612
Real Estate Review Fees
1,000
110000-4614
Site Development Compliance Fees
6,100
110000-4311
Plan Retention Fees
9,250
+
110000-4312
Energy Fees
10,000
+
110000-4703
Planner's Review Charges - Contr
2,850
+
110000-4705
Engineer's Charges - Contr
15,000
+
110000-4707
Geologist Charges
11,000
+
110000-4711
Fines & Forfeitures
2,100
-
110000-4401
Interest Earnings on Investments
20,500
+
120000-4661
Drainage In -Lieu
34,5,60
+
130000-4663
Pathway Construction Fees
7,000
+
170000-4673
Streets Encroachment Fees
36,200
+
210000-4560
COPS Grant Revenue
588
-
Total General Fund Revenue
29,788
416,310
Solid Waste Fund
Interest Earnings
6,000
+
520000-4401
Sewer Fund
510000-4401
Interest Earnings
27,000
+
Total Revenues, All Funds
29,788
449,310
Town of Los Altos Hills
1997 -1998 Midyear Adjustments
Exhibit A
(cont.)
Account
Description
Increase
Decrease
Expenditures:
General Fund
111780-6399
Town Committees, Volunteer Recognition
3,000
+
112100-6154
Police - Booking Fees
1,233
+
112100-6155
Police - Fingerprinting
175
+
113120-6102
Planning Development, Contract Planner
6,000
+
113120-6176
Planning Development Contract, Billable
2,850
+
113120-6178
Planning Development, Geologist, Billable
11,000
+
113210-6114
Building - Contract Plan Checks
10,000
+
113210-6115
Building - Inspection & Testing
1,625
+
113300-6179
Engineering - Contract Engineers, Billable
15,000
+
113300-6204
Engineering - Printing/Copying
1,000
+
113300-6213
Engineering - Computer Software
1,750
+
114100-6313
Playing Field Maintenance Utilities, Water
4,000
+
114200-6001
Pathways/Parks/Open Space - Salaries
20,718
-
124500-6001
Drainage Operations - Salaries
57,587
+
124500-6004
Drainage Operations - Overtime Salaries
8,200
+
124500-6106
Drainage Operations - Contract Engineering
12,500
+
174600-6001
Street Operations - Salaries
34,493
-
174600-6145
Street Operations - Traffic Lights
3,000
+
174600-6149
Street Operations - Street Maintenance
3,000
0
Total General Fund Expenditures
141,920
55,211
Capital Improvement
Funds
Storm Drain Improvements 97-98
82,000
+
457833-6199
467821-6199
Pavement Management 97-98
100,000
+
Total Expenditures, All Funds
323,920
55,211