HomeMy WebLinkAbout43-98 ® • •
RESOLUTION NO. 43-98
A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS
ADOPTING THE BUDGET FOR FISCAL YEAR 1998-99
WHEREAS, the City Council of the Town of Los Altos Hills has received and completed
its review of the proposed 1998-99 Fiscal Year Budget, together with amendments
thereto and now desires to adopt the Budget for the 1998-99 Fiscal Year;
NOW THEREFORE,the City Council does RESOLVE as follows:
1. The City Council does hereby approve and adopt an appropriations limit, pursuant to
California Constitution Article XIII.B, for Fiscal Year 1998-99 of$2,817,720.
2. The City Council does hereby approve and adopt the Budget for the Town for Fiscal
Year 1998-99 consisting of the following:
Appropriations and interfund transfers as set forth in Exhibit A
attached hereto.
3. The amount of the1998-99 Fiscal Year Budget for each account area of the Budget
and as defined above, 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 Sections 37208 and 37209.
4. The City Manager is hereby authorized to prepare an administrative budget which
further specifies the accounts for the expenditure of appropriations approved by the
City Council and set forth in Exhibit A. The City Manager shall provide the council
with copies of this Budget.
5. The City Manager shall periodically report to the City Council the amount and
classification of revenues received and expenditures made.
6. A copy of the adopted Budget, signed by the Mayor and attested to by the City Clerk,
shall be kept on file with the City Clerk of the Town of Los Altos Hills, as the official
Budget of the Town of Los Altos Hills for the 1998-99 Fiscal Year.
REGULARLY passed and adopted this 17Th day of June, 1998.
By
Mayor
-
City Clerk
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EXHIBIT "A"
APPROPRIATIONS
and
INTERFUND TRANSFERS
Fiscal Year 1998-99
I. APPROPRIATIONS
Fund Program Appropriation
General Operations
City Council 26,100
City Manager 136,139
City Clerk 114,137
Finance 190,336
City Attorney 116,524
Community Services 29,675
Town Committees 20,600
Public Safety 659,164
Planning 463,269
Building 305,104
Engineering 334,655
Public Works 659,061
Total General Fund Operations 3,054,764
Solid Waste Fund Operations 1,343,207
Sewers Fund Operations 278,650
Total Operations Budget 4,676,621
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II. INTERFUND TRANSFERS
To the General Fund for Reimbursement of Administrative Expenses:
Solid Waste Fund 46,891
Sewers Fund 56,018
Total 102,909
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