HomeMy WebLinkAbout43-92 ' • ••
RESOLUTION NO. 43-92
RESOLUTION OF THE CITY COUNCIL
OF THE TOWN OF LOS ALTOS HILLS REVISING
THE BUDGET FOR FISCAL YEAR 1991 - 1992
WHEREAS, final expenditures have been established for fiscal
year 1991-92 and the City Council wishes to revise the fiscal
year 1991-92 budget accordingly.
NOW, THEREFORE, the City Council of the Town of Los Altos
Hills does RESOLVE as follows:
Section 1. The City Council does hereby revise the Budget
for the Town for Fiscal Year 1991-92 as follows:
Additional appropriations of $27, 000 as
explained in Exhibit A attached hereto.
REGULARLY PASSED AND ADOPTED this 21st day of
October , 1992 .
B -�,
Mayor U
ATTEST.:
City C rk
PB\MAS\149490FR.W50
10/07/92
• • ••
The City Council should appropriate an additional $27 thousand to the
budget for FY91-92. Billable expenditures for planner, geologist,
engineer, attorney, and plan check services totalled $116 thousand more
than budget. Other programs provided favorable offsets, and the net
over-plan spending for the year was $27 thousand. While this spending
must be legally appropriated, it does not impact the Town's net
revenues. All billable expenditures are matched by revenues through
charges to the residents for whom the services were performed.
EXHIBIT A