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HomeMy WebLinkAbout43-00 Allog • • RESOLUTION NO. 43-00 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS ADOPTING THE BUDGET FOR FISCAL YEAR 2000-2001 WHEREAS, the City Council of the Town of Los Altos Hills has received and completed its review of the proposed 2000-01 Fiscal Year Budget,together with amendments thereto and now desires to adopt the Budget for the 2000-01 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 2000-01 of$3,194,674. 2. The City Council does hereby approve and adopt the Budget for the Town for Fiscal Year 2000-2001 consisting of the following: Appropriations and interfund transfers as set forth in Exhibit A attached hereto. 3. The amount of the 2000-01 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 2000-01 Fiscal Year. REGULARLY passed and adopted this 15TH day o.. un-, 2000. ayor ATTEST: 43 City Clerk EXHIBIT "A" APPROPRIATIONS and INTERFUND TRANSFERS Fiscal Year 2000-01 I. APPROPRIATIONS Fund Program Appropriation General Operations City Council 29,300 City Manager 193,093 City Clerk 118,680 Finance 206,755 City Attorney 162,300 Community Services 27,931 Town Committees 62,903 Public Safety 625,740 Planning 520,534 Building 336,551 Engineering 470,871 Public Works 1,267,552 Total General Fund Operations 4,022,210 Solid Waste Fund Operations 1,451,781 Sewers Fund Operations 825,766 Total Operations Budget 6,299,757 II. INTERFUND TRANSFERS To the General Fund for Reimbursement of Administrative Expenses: Solid Waste Fund 49,141 Sewers Fund 73,809 Total 122,950