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HomeMy WebLinkAboutReso 1989-14152 RESOLUTION NO 14152 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ADOPTION OF THE FINAL BUDGET OF THE CITY OF CHULA VISTA FOR THE FISCAL YEAR BEGINNING JULY 1, 1989 AND ENDING JUNE 30, 1990 The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, pursuant to the provisions of the Charter of the City of Chula Vista, Sections 1004 and 1005, the City Council is required to adopt a budget for the fiscal year beginning July 1, 1989 and ending June 30, 1990, and WHEREAS, the City Manager has prepared and filed with the City Clerk his proposed budget, and WHEREAS, due notice has been given by the City Clerk, as required by law, that said proposed budget is on file and open to anyone interested, and WHEREAS, a hearing has been held on said proposed budget as required by law, and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that there is hereby appropriated out of the treasury of the City of Chula Vista for municipal purposes and for use by the various departments, the amounts shown in Exhibit "A", attached hereto and incorporated herein by reference as if set forth fully and all appropriations contained in this resolution are within the legal spending limitations authorized by law. BE IT FURTHER RESOLVED that the appropriations attached are approved as the budget for the 1989-90 fiscal year and that the City Manager and the Director of Finance be authorized to transfer appropriations within control accounts for all services and to transfer appropriations between control accounts for Employee Services only. BE IT FURTHER RESOLVED that all proceeds of tax revenues received in excess of the budget estimate are hereby appropriated up to the legal spending limit to the reserve for contingency account of the applicable fund. BE IT FURTHER RESOLVED that the Director of Finance may, from time to time, invest temporarily idle funds from any one fund in legal investments provided by law for charter cities. -1- BE IT FURTHER RESOLVED that all other finance sources and uses shown in Exhibit B are hereby authorized for all funds and that all interfund loans are to carry an interest rate of 11% per annum (current prime rate). Presented by Approved as to form by Jg~n D. Goss, City Manager ~ . on City Attorney / / -2- 0120a ~ 0000000000000000000 0 o ~ o o o o o oo o o oooo o o oo o ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ,ULA VISTA, CALIFORNIA, this 20th do,/of June 19 R9 , by the following vote, to--wit: AYES: Councilmembers Cox, Moot'e, Malcolm, HcCandliss, Nader NAYES: Councilmembers None ABSTAIN: Counci lmember's None ABSENT: Counci 1members None ATTEST ~ ~:~ ~ f the C#ty of Chulo Vista City Clerk TE OF CALIFORNIA ) CUUNTY OF SAN DIEGO ) ss. "Y OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chulo Vista, California, DO HEREBY CERTIFY thor the above and foregoing is o full, true ond correct copy of RESOLUTION N0. 3,43.52 ,and fhof the some has not been amended or repealed DATED City Clerk CC-660