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HomeMy WebLinkAboutResolution 16-25RESOLUTION 16-25 RESOLUTION AMENDING THE 2024-25 OPERATING AND CAPITAL IMPROVEMENT PROGRAM BUDGET WHEREAS, the City Council of the Town of Los Altos Hills adopted the 2024-25 Operating and Capital Improvement Program Budget on June 20, 2024; and WHEREAS, the City Council approved an allocation of $120,000 from the General Fund Vehicle and Equipment Reserve to replace a 2008 Ford F250 truck; WHEREAS, as detailed in the accompanying Staff Report and the 2024-25 mid -year financial update, a budget adjustment is necessary to accomplish the Town's day-to-day operations and capital projects; and WHEREAS, the total impact on Town funds are as follows: Account Fund Increase/ Reduce Transfer funds from the General Fund Vehicle and General Fund 120,000 Equipment Reserve to the General Capital Fund to replace a 2008 Ford F250 Truck. NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve to amend the 2024-25 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 20th day of February 2025 by the following vote: AYES: Tyson, Swan, Tankha, Bhateja, Mok NOES: ABSTAIN: ABSENT: BY: AL.'- - ATTEST: Kavita Tankha, Mayor ka Birdsong -Miller, ty Clerk RESOLUTION 16-25