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HomeMy WebLinkAboutReso 2017-008RESOLUTION NO. 2017-008 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING AMENDMENTS TO THE FISCAL YEAR 2015/16 BUDGET TO ADJUST FOR VARIANCES AND APPROPRIATING FUNDS THEREFOR WHEREAS, the City Charter states that at any meeting after the adoption of the budget, the City Council may amend or supplement the budget by motion adopted by the affirmative votes of at least four members: and WHEREAS, staff has completed the final review for the Fiscal Year ending June 30, 2016 and is recommending a number of budget amendments- and WHEREAS, the appropriation to the Transfers Out category will be made from the available fund balance of the Telegraph Canyon Sewer Basin DIF Fund; and WHEREAS, the recommended transfer of $1,860,000 from the Telegraph Canyon Sewer Basin DIF Fund to the Trunk Sewer Capital Reserve Fund is to recognize the transfer of capital assets. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it amends the Fiscal Year 2015/2016 budget and approves the following budget appropriations: Telegraph Canyon Sewer Basin DIF $ 1,8691999_1$1,860,000 $ - { $ 1,860,000 ,Trunk Sewer Capital Reserve - - $1,860,000 $(1,860,000); TOTAL OTH ER F U N DS S 1.860.000 (51.860.000 S 1.860.000 C S - Presented by David Bilby, MSBA, CV1f0 Director of Finance/Treasurer Approved as to form by then R. Googin� �j 0ity-Att6rney Resolution No. 2017-008 Page No. 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 10th day of January 2017 by the following vote: AYES: Councilmembers: Aguilar, Diaz, McCann, Padilla, and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None \-�� � Mary Sias, Mayor ATTEST: Donna R. Norris, C C, Crty Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2017-008 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 10th day of January 2017. Executed this 10th day of January 2017. Donna R. Norris, M , City Clerk