HomeMy WebLinkAbout10-15 RESOLUTION 10-15
RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS
AUTHORIZING ADJUSTMENTS TO THE FY 2014-2015 GENERAL FUND AND
OTHER FUND BUDGETS
WHEREAS, the Town of Los Altos Hills adopted the Fiscal Year 2015 Annual Operating &
Capital Budget on June 19, 2014;
WHEREAS, the Town of Los Altos Hills desires to amend an appropriations limit, pursuant to
California Constitution Article XII B, for fiscal year 2014-2015 by $131,583 to $5,782,438;
WHEREAS, the Town of Los Altos Hills desires to increase the Fiscal Year 2014-2015
General Fund Budget expenditures of $6,779,991; amended by an amount of $101,267;
increasing the total appropriations to $6,881,258;
WHEREAS, the Town of Los Altos Hills desires to amend the Fiscal Year 2014-2015 Special
Revenue Funds Budget expenditures of $1,455,860; amended by an amount of $15,635,
decreasing the total appropriations to $1,440,225;
WHEREAS, the Town of Los Altos Hills desires to amend the Fiscal Year 2014-2015
Wastewater (Sewer) Enterprise Fund Budget expenditures of$2,540,024; amended by an amount
of$8,923, decreasing the total appropriations to $2,531,101;
WHEREAS,the Town of Los Altos Hills desires to amend the Fiscal Year 2014-2015 Capital
Budget expenditures of $2,019,400; amended by an amount of $615,900, increasing the total
appropriations to $2,635,300;
NOW, THEREFORE BE IT RESOLVED that the City Council of the Town of Los Altos
Hills that the Council hereby approves the budget adjustments increasing the Town-wide
appropriations to $13,608,166 as summarized in the staff report.
The above and foregoing Resolution was passed and adopted by the City Council of the Town of
Los Altos Hills at a special meeting held on the 30th day of March, 2015 by the following vote:
AYES: Corrigan, Harpootlian, Larsen, Radford, Waldeck
NOES: None
ABSTAIN: None
ABSENT: None
BY:
CourtY ena C orri an M or
ATTEST:
Deborah Padovan, City Clerk
Resolution 10-15 Page 1