HomeMy WebLinkAbout27-05 • •
RESOLUTION No. 2 7-0 5
A RESOLUTION OF
THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING
BUDGET CHANGES FOR FISCAL YEAR 2004/2005
WHEREAS, the City Council of the Town of Los Altos Hills did, on June 17, 2004,
approve and adopt the Operating and Capital Improvement Program Budgets for the
Town of Los Altos Hills for fiscal year 2004/2005; and
WHEREAS, after reviewing the current budgeted revenues and expenditures for fiscal
year 2004/2005, 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 hereby
resolve as follows:
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1. The CityCouncil does hereby approve and adopt the Operating and Capital
Improvement Program Budget Adjustments for the Town for fiscal year
2004/2005 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 improvement budgets to reflect these changes.
3. A copy of Amended Operating and Capital Improvement Program Budgets
shall be kept on file with the City Clerk of the Town of Los Altos Hills, as the
official Operating Budget of the Town of Los Altos Hills for fiscal year
2004/2005.
REGULARLY PASSED AND ADOPTED this 17`h day of March, 2005.
BY: /
Mayor ,
ATTEST:
Citylerk
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Town of Los Altos Hills Resolution
Mid-Year Budget Adjustments Exhibit A
Fiscal Year 2004-2005
Revenue Expenditure Transfer in Transfer out
adjustments adjustments adjustments adjustments
Account/object incr/(decr) incr/(decr) incr/(decr) incr/(decr)
General Fund
Packard Foundation grant 110000 4813 75,000
California Energy Commission loan 110000 4590 160,000
Rebates related to CA Energy Commission projects 110000 4810 95,644
Lease Agreement proceeds 110000 4814 2,000,000
Donor wall contributions 110000 4808 70,000
ABAG training grant 110000 4813 1,000
Cable TV franchise negotiations reimbursement 110000 4810 15,000
Comcast capital grant 110000 4813 80,000
VLF Gap Loan proceeds 110000 4501 124,148
City Council-travel and meetings 111100 6308 1,500
City Council-special events 110000 6361 3,500
Finance Department-BAMR dues 111400 6302 1,500
Finance Department-travel and meetings 111400 6308 1,000
Legal expense-Bullis site/litigation/New Town Hall 111500 6112 156,000
Public Safety-Teleminder 112100 6199 5,000
Planning Administration-software 113100 6108 750
Engineering-CAD Software 113300 6108 3,500
Transfer out to Drainage CIP Fund 110000 7007 15,000
Transfer out to Undergrounding Utilities CIP Fund 110000 7005 30,000
(A) Transfer out to New Town Hall CIP Fund 110000 7005 1,069,702
Totals 2,620,792 172,750 0 1,114,702
Roadway Impact Fees Fund
Roadway impact fees 180000 4666 150,000
Transfer out to Street CIP Fund 180000 7005 150,000
Totals 150,000 0 0 150,000
Citizens'Option for Public Safety(COPS)'
Teleminder system-additional set up charges 212100 6515 2,600
Totals 0 2,600 0 0
New Town Hall CIP Fund
New Town Hall construction 417005 6523 1,149,702
(A) Transfer in from General Fund 410000 5001 1,069,702
Transfer in from Street CIP Fund 410000 5001 50,000
Transfer in from Pathway CIP Fund 410000 5001 30,000
Totals 0 1,149,702 1,149,702 0
Pathway CIP Fund
Moody Road/El Monte(Corridor Transp Master Plan) 427201 6599 35,000
Transfer out to New Town Hall Project Fund 420000 7005 30,000
Totals 0 35,000 0 30,000
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Town of Los Altos Hills Resolution
Mid-Year Budget Adjustments Exhibit A
Fiscal Year 2004-2005
Revenue Expenditure Transfer in Transfer out
adjustments adjustments adjustments adjustments
Account/object incr/(decr) incr/(decr) incr/(decr) incr/(decr)
Drainage CIP Fund
Elena Road monitoring project 457203 6599 15,000
Transfer in from General Fund 450000 5001 15,000
Totals 0 15,000 15,000 0
Street CIP Fund
Transfer in from Roadway Impact Fees Fund 460000 5003 150,000
Transfer out to New Town Hall Project Fund 460000 7005 50,000
Totals 0 0 150,000 50,000
Sewer CIP Fund
Sewer CIP expenditures 487201 6599 (200,000)
Transfer in from Sewer Fund 480000 5009 (200,000)
Totals 0 (200,000) (200,000) 0
Undergrounding Utilities CIP Fund
Engineering consultant 491000 6106 30,000
Transfer in from General Fund 490000 5001 30,000
Totals 0 30,000 30,000 0
Sewer Fund
Transfers out to Sewer CIP Fund 510000 7005 (200,000)
Totals 0 0 0 (200,000)
Internal Service Fund
Laptop and projector 611490 6503 4,000
Workstations 611490 6503 4,000
Phone system 611490 6512 20,000
Capitalized assets 611490 6601 (28,000)
Corporation Yard structural retrofit project 614300 6522 80,000
Capitalized assets 614300 6601 (80,000)
Totals 0 0 0 0
Totals-all Funds 2,770,792 1,202,452 1,144,702 1,144,702
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