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HomeMy WebLinkAboutReso 2003-366RESOLUTION NO. 2003-366 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING FISCAL YEAR 2002/2003 BUDGET IN ACCORDANCE WITH THE BUDGET TRANSFER POLICY WHEREAS, Council Policy (established in January, 1996) and Financial Reporting and Transfer Authority requires that all departments complete the fiscal year with a positive balance in each budget summary category (Personnel Services, Supplies and Services, Other Expenses and Capital); and WHEREAS, in order for all depaJ'hnents to comply with the intent of said Council Policy, spec'fflc transfers are recommended for approval; and WHEREAS, all recommended transfers can be accomplished within existing total general fund appropriations; and WHEREAS, staff recommends that Council amend the Fiscal Year 2002/2003 budget by transferring appropriations to ensure that all departments end the fiscal year without exceeding any budget summary as required by Council policy. NOW, THEREFORE, BE IT RESOLVED that the City Council of City of Chula Vista does hereby amend the Fiscal Year 2002/2003 budget in accordance with the Budget Transfer Policy, as set forth in Exhibit A, attached hereto and incorporated herein. Presented by Approved as to form by Ma~ia I~chadoofian Finance Director Ann Moore City Attorney Resolution 2003-366 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 19th day of August, 2003, by the following vote: AYES: NAYS: ABSENT: ATTEST: Councilmembers: Councilmembers: Councilmembers: Davis, McCann, Rindone and Padilla None Salas Susan Bigelow, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2003-366 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of August, 2003. Executed this 19th day of August, 2003. Susan Bigelow, City Clerk EXHIBIT A Requested Budget Transfers Fund General General General Fleet Management Net Impact Department Engineerino Engineerin9 Parka and Recreation Parks and Recreation Fire Fire Central Garage Central Garage Amount Category i39,495 Supplies and Services (i39,495) Personnel Services 28,340 Personnel Services (28,340) Supplies and Services 100,010 Personnel Services (100,010) Supplies and Services 28,835 Personnel Services (28,635) Supplies and Services 0 Note: When reading the chart, the positive amounts listed reflect the funds that will be transferred to offset the overages which are reflected as negative amounts.