HomeMy WebLinkAbout29-92 • •
RESOLUTION NO. 29-92
RESOLUTION OF THE CITY COUNCIL
OF THE TOWN OF LOS ALTOS HILLS
ADOPTING THE BUDGET
FOR FISCAL YEAR 1992-93
WHEREAS, the City Council of the Town of Los Altos Hills has
received and completed its review of the proposed 1992-93 Fiscal
Year Budget, together with amendments thereto and now desires to
adopt the Budget for the 1992-93 Fiscal Year;
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
an appropriations limit, pursuant to California Constitution
Article XIII.B, for Fiscal Year 1992-93 of $ 2,055,637.00 .
Section 2 . The City Council does hereby approve and adopt
the Budget for the Town for Fiscal Year 1992-93 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 1991-92 .
Section 3. The amount of the 1992-93 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.
Section 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.
Section 5. The City Manager shall periodically report to
the City Council the amount and classification of revenues
received and expenditures made.
. Ai:
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Section 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 1992-93
Fiscal Year.
REGULARLY passed and adopted this 1st day of July
1992.
ATTEST:
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City Cl•
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APPROPRIATIONS AND
INTERFUND
TRANSFERS
Fiscal Year 1992-1993
I. APPROPRIATIONS
Fund Program Appropriations
General
Operations
City Council 27,500
City Manager 122,098
City Clerk 70,201
Finance 121,792
City Attorney 69,000
Community Service 14,300
Town Committees 27,000
Insurance 60,500
Police 480,200
Emergency Preparedness 4,600
Planning 317,321
Building 197,237
Engineering 185,909
Playing Field/Town Ring 37,100
Westwind Barn 4,231
Pathway Maintenance 142,981
Weed Abatement 26,219
Park & Open Space Maintenance 12,819
Sub Total 1,921,008
Projects
Town Entry/Arastradero 30,000
Byrne Park Fencing 14,000
Stonebrook Pathway Project 50,000
Driveway Roughening Pathway 11,800
Sub Total 105,800
Total - General Fund 2,026,808
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Total - General Fund 2,026,808
Fund Program Appropriations
Drainage
Operations 99,675
Projects
Storm Drain Management 46,471
Total - Drainage Fund 146,146
Street
Operations 167,387
Projects
Pavement Management 225,000
Moody Path/Shoulder Reconstruction 59,000
El Monte/Stonebrook Signal 12,000
Sub Total 296,000
Total - Street Fund 463,387
Enterprise Funds
Total - Solid Waste Operations 264,134
Total - Los Altos Sewer Basin Operations 57,545
Total - Palo Alto Sewer Basin Operations 216,947
TOTAL BUDGET 3,174,967
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II. INTERFUND TRANSFERS
To General Fund Reserves
Emergency Reserve 56,000
Park Fees 8,000
Total 64,000
To the General Fund for Reimbursement of Administrative Expenses
Drainage Fund 20,050
Street Fund 33,670
Solid Waste Fund 53,130
Los Altos Sewer Basin Fund 28,372
Palo Alto Sewer Basin Fund 26,841
Total 162,063
To Los Altos Sewer Basin Reserves for Capital Replacemeni 42,679
To Palo Alto Sewer Basin Reserves for Capital Replacement 81,211