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HomeMy WebLinkAbout17-95 • • • • RESOLUTION NO. 17-95 RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS ADOPTING THE MID-YEAR BUDGET FOR FISCAL YEAR 1994-95 WHEREAS, the City Council of the Town of Los Altos Hills on July 6, 1994, adopted the Budget for the 1994-95 Fiscal Year; and WHEREAS, the City Council has now received and reviewed certain amendments and adjustments to the 1994-95 Budget ("Mid- Year Budget") ; NOW, THEREFORE, the City Council of the Town of Los Altos Hills does RESOLVE as follows: Section 1. The City Council does hereby approve and adopt the Mid-Year Budget for the Town for Fiscal Year 1994-95 consisting of the following: Appropriations and interfund transfers as set forth in Exhibit A attached hereto. These appropriations and transfers are at levels equal to or less than the rate of appropriation for Fiscal Year 1993-94. Section 2 . The amount of the Mid-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. Section 3. 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. Section 4. The City Manager shall periodically report to the City Council the amount and classification of revenues received and expenditures made. Section 5. A copy of the adopted Mid-Year 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 Ail • • • official Mid-Year Budget of the Town of Los Altos Hills for the 1994-95 Fiscal Year. REGULARLY passed and adopted this 1st day of March. , 1995. ATTEST: 000ftwmmwmmwCity Clerk PB\MAS\149490MB.W50 02/23/95 - 2 - • • • • Exhibit A APPROPRIATIONS AND TRANSFERS MID-YEAR BUDGET AMENDMENTS Fiscal Year 1994-1995 I. APPROPRIATIONS • Appropriations Fund Program Corrections Additions General Drainage Fund Street Fund Enterprise Funds Solid Waste Operations $ 26,000 Sewer Fund Operations -380 General Services TOTAL BUDGET -$380 $26,000 II. INTERFUND TRANSFERS Transfers Corrections Additions To the General Fund for Reimbursement of Administrative Expenses Drainage Fund Street Fund Solid Waste Fund Sewer Fund -227,070 Total -$227,070