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HomeMy WebLinkAbout13-01 _ .. ,.., ill • RESOLUTION NO. 13-01 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS ADOPTING THE MID-YEAR BUDGET CHANGES FOR FISCAL YEAR 2000-01 WHEREAS, the City Council did, on June 15th, 2000, approve and adopt the Operating Budget for the Town of Los Altos Hills for the 2000-01 Fiscal Year; and WHEREAS, the City Council did, on September 21st, 2000, approve and adopt the Capital Improvement Project Budget for the Town of Los Altos Hills for the 2000-01 Fiscal Year; and WHEREAS, after reviewing the current budgeted revenues and expenditures for fiscal year 2000-01, 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 2000-01 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 2000-01 Fiscal Year. REGULARLY passed and adopted this 15TH day of March, 2001 B L or - ATTEST: -(: ). -/'.. City Clerk O Town of Los Altos Hills 2000 - 2001 Midyear Adjustments Exhibit A Account Description Decrease Increase Net* Revenues: General Fund 110000-4070 No/Low Property Taxes 14,000 + 110000-4099 Other Property Taxes 24,000 + 110000-4301 Building Permits 150,000 + 110000-4401 Interest Earnings 30,000 + 110000-4501 Motor Vehicle In Lieu Fees 30,000 + 110000-4685 Administrative Charges 4,500 + 110000-4705 Engineer Charges - Consultant, billable 90,000 + 120000-4661 In-Lieu Fees, Storm Drains 30,000 - 170000-4590 Streets - Other Intergovernmental Revenue 59,182 + Total Governmental Funds Revenue 30,000 401,682 Special Revenue Funds 210000-4560 COPS Funding 202,869 Total Revenues, All Funds 30,000 604,551 *impact to fund balance Town of Los Altos Hills 2000 - 2001 Midyear Adjustments Exhibit A Account Description Decrease Increase Net Expenditures: General Fund • 111100-6341 City Council - Grants & Subsidies 2,050 - 111200-6001 City Manager-Regular Salaries 35,000 + 111200-6003 City Manager-Hourly Salaries 42,000 - 111300-6352 City Clerk-Election Expense 4,000 + 111400-6302 Finance - City Membership 4,000 - 111400-6332 Recruitment 24,000 - 111712-6399 Community Services Committee Events 1,700 - 111790-6199 Recreation Committee- Contract Services 17,100 - 111200-6152 Public Safety-Law Enforcement Contract 20,000 - 113100-6001 Planning-Regular Salaries 30,000 + 113100-6102 Planning -Professional Planner Svcs 5,000 - 113200-6004 Building Dept. - Overtime Salaries 800 - 113200-6114 Building Dept. - Contract Plan Checks 35,000 - 113200-6115 Building Dept. -Inspection&Testing 2,000 - 113300-6001 Engineering - Regular Salaries 90,000 + 113300-6106 Engineering - Consultants 10,000 - 113300-6179 Engineering - Billable Contract Services 35,000 - 114200-6133 Public Works -Pathways, Weed Abatement 2,500 - 174600-6124 Street Operations -Tree Maintenance 150,000 + Total General Fund Expenditures 309,000 201,150 + Special Revenue Funds 212100-6199 COPS Programs - Other Contract Services 100,000 - General Services 611480-6111 Town Center - Contract Personnel 5,000 - 611480-6118 Town Center-Facility Maint& Security 3,000 - Total Expenditures, All Funds 309,000 309,150