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RESOLUTION No. 21-08
A RESOLUTION OF
THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS ADOPTING
BUDGET CHANGES FOR FISCAL YEAR 2008
WHEREAS, the City Council of the Town of Los Altos Hills approved and adopted the
Operating and Capital Improvement Program Budgets for the Town of Los Altos Hills
for fiscal year 2008 on May 24, 2007; and
WHEREAS, after reviewing the current budgeted revenues and expenditures for fiscal
year 2008, 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:
1. The City Council does hereby approve and amend the Town of Los Altos
Hills' adopted Operating and Capital Improvement Program Budget for the
fiscal year 2008 to consist of changes to the revenues, appropriations, and
salary schedule as set forth in Exhibit A and 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 the amendment 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 2008.
REGULARLY PASSED AND ADOPTED this 27th day of M., h,‘*._
W'Craig A . o-s, Mayor
ATTEST:
�.' -
Karen Jos lerk
• , EXHIBIT A
Town of Los Altos Hills
Budget Adjustments-FY2008
March 27,2008
REVENUES
Fund Amount
General Operating $ (1,000)
General CIP 1,430,776
Gas Taxes (48,000)
Sewer service fees 320,000
Grand Total $ 1,701,776
EXPENSES
Fund Amount
General Operating Total $ 148,694
P&R Programs Total $ 2,025
COPS Total $ 31,320
General CIP Total $ 1,231,200
Westwind Barn CIP Total $ 1,192,010
Pathways CIP Total $ 654,680
Grand Total $ 3,259,929
TRANSFERS IN/(OUT)
Fund Amount
General Operating Total (1,570,017)
COPS Total (10,000)
General CIP Total (199,576)
Pathways CIP Total 654,680
Westwind Barn CIP Total 1,123,010
P&R Programs Total 1,903
Grand Total -
SALARY SCHEDULE ADJUSTMENTS
Monthly Salary
Classification Range
City Clerk $6,781 -$8,243
Finance Director $9,770-$11,876
Planning Director $9,770-$11,876
Public Works Director w/out PE $9,770-$11,876