Loading...
HomeMy WebLinkAbout04-94 • • RESOLUTION NO. 4-94 RESOLUTION OF THE CITY COUNCIL 'OF THE TOWN OF LOS ALTOS HILLS ADOPTING THE MID-YEAR BUDGET FOR FISCAL YEAR 1993-94 WHEREAS, the City Council of the Town of Los Altos Hills on July 7, 1993, adopted the Budget for the 1993-94 Fiscal Year; and WHEREAS, the City Council has now received and reviewed certain amendments and adjustments to the 1993-94 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 1993-94 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 1992-93. 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 2. 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 • ill official Mid-Year Budget of the Town of Los Altos Hills for the 1993-94 Fiscal Year. REGULARLY passed and adopted this 2nd day of March , 1994. By: Mayor ATTEST: City Cler-F PB\MAS\149490MB.W50 02/23/94 - 2 - • • APPROPRIATIONS AND TRANSFERS MID-YEAR BUDGET AMENDMENTS Fiscal Year 1993-1994 I.APPROPRIATIONS Appropriations Fund Program Corrections Additions General Operations City Council City Manager $10,000 City Clerk -7,000 Finance City Attorney Community Service 2,500 Town Committees 1 ,000 Insurance Police Emergency Preparedness Planning Building Engineering Playing Field/Town Ring Westwind Barn Pathway Maintenance Weed Abatement 21 ,000 Park &Open Space Maintenance General Fund 27,500 Drainage Fund Street Fund Enterprise Funds Solid Waste Operations $3,800 14,000 Los Altos Sewer Basin Operations Palo Alto Sewer Basin Operations -15,000 General Services - Equipment Purchases 23,300 - Capitalized -23,300 TOTAL BUDGET -$11 ,200 $41 ,500 I it II.INTERFUND TRANSFERS Transfers Corrections Additions To the General Fund for Reimbursement of Administrative Expenses Drainage Fund Street Fund Solid Waste Fund Los Altos Sewer Basin Fund 5,403 Palo Alto Sewer Basin Fund 7,001 Total $12,404