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HomeMy WebLinkAboutCC Reso No 1987-06RESOLUTION N0. 87-6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA AMENDING THE BUDGET FOR FISCAL YEAR 1986/87 WHEREAS, Resolution 86-50 adopted by the City Council on July 8, 1986, amended, approved and adopted the Budget for Fiscal Year 1986/87; and, WHEREAS, the City Council has made further amendment to said budgets as set forth in Resolution Nos. 86-60, 86-64, and 86-74; and, WHEREAS, the City Council desires to make certain additional amendments to the budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA DOES HEREBY FIND, DETERMINE AND DECLARE AS FOLLOWS: SECTION 1. Section 1 of Resolution No. 86-64 (ref. Res. 86-74) is hereby amended by adding thereto a new Subsection D to read as follows: "D. Mid-Year Adjustments l. Revenue Increases: Total General Fund revenues shall be increased $73,686. The detail for said revenue adjustment is set forth in that report to the City Council dated February 10, 1987. 2. Expenditure Reductions: Departmental Operations Expenses shall be decreased $56,173. The detail for overall expenditure adjustments is set forth in the aforementioned report to City Council. 3. Re-Allocation: These available funds ($73,686 +$56,173 =$129,859) are hereby re-allocated for specific programs / projects as follows: a) Fund Transfer Current Revised From To For ~ Amount(S) Change($) Amount($) General Revenue Centennial Project ~ Fund Sharing (Chamber Building) -0- 16,000 16,000~ b) Additional_Expenditures Page Account Amendment Explanation 31 5130-020 Public Safety Commission ~ 75 1,250 1,325 75 5510-201 Lighting District 1~200 20,000 21,200 85 5524-420 Vehicles(undetermined) 2,300 12~436 14~736 59 5320-420 Vehicles(Building Insp.) -0- 26,000 26,000 67 5420-420 Vehicles(Code Enforce.) -0- 4,173 4,173 69 5430-430 Mobil Communications -0- 10,000 10,000 Sub-Total 73~859 c) Reserves To cover prior funding of Housing Abatement Program 40,000 Total 5 1Ly,tl5y The details relating to these expenditures are set forth in the ' ~ aforementioned report to City Counci l. ' 4. Revenue Sharing: Projects to be fu nded via Revenue Shari ng are hereby amended as follows: a) Funds Available ~ Curxent Revised ~ ~ Page Account Title Amount $ Change $ Amount $ '~,, 9 -- Funds Available 127~000 16,000~'< 143~000 .~ ~~ *Fund Transfer from General Fund for Centennial Project ~~ I b) Expenditures i 9 -- Sphere of Influence ~30,000 -0- 30,000 - i - , ~ 9 -- Fire Rescue Truck 20~000 (20~000) -0- - ''~~, 101 101 Existing City Hall 25,000 10,000 35,000 '~, 101 104 Community Center 10~000 ( 8~000) 2~000 '~ 101 105 Corporate Yard 10,000 ( 8,000) 2,000 ~ ' 101 106 Centennial Project -0- 42,000 42,000 , ~. ~, . 103 204 ArteYial Landscaping 32,000 -0- 32,000 ~ ~i Total 127,000 16,000 143,000 - The detail relating to these adjustments are set forth in the afore- mentioned report to City Council." SECTION 2. Section 2 of Resolution No. 86-74 is hereby amended to read as follows: "SECTION 2. A. Fund Balances The appropriate fund balance pages (Pages 3 to 15) shall be amended to reflect those amendments set forth in Section 1. B. Funds Available The City Manager's proposed Budget for Fiscal Year 1986/87 for general and special City Purposes, as amended in Section 1 above, is hereby approved and adopted with expenditures in the amount of $6,098,274 and available funds totaling $7,203,503." I SECTION 3. The City Clerk shall cause this resolution to be published once ~ within fifteen days after its passage, in the Lake Elsinore Valley Sun-Tribune as required by Section 36933 of the Government Code. PASSED, APPROVED AND ADOPTED by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTENTIONS: COUNCIL~EMBERS: this lOth day of February ,1987, DOMINGUEZ, MATSON, VERMILLION, WINKLER, STRIGOTTE NONE NONE NONE i' ~ EON . STRIGOTT , MAYOR CITY OF LAKE ELSINORE APPROVED AS TO FORM AND LEGALITY: ~`~~1J4'WU`-, ' JOHN HARPER, CITY AT 0 NEY STATE OF CALIFORNIA ) ) ss. COUNTY OF RIVERSIDE ) I, Jo Ann Oliver,City Clerk of the City of Lake Elsinore, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Lake Elsinore at a regular meeting of said Council on the lOth day of February, 1987 , and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: DOMINGUEZ, MATSON, VERMILLION, WINKLER, STRIGOTTE NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ~ ~ 0 ANN OLIVER, CITY CLERI CITY OF LAKE ELISNORE (SEAL) STATE OF CALIFORNIA ) ) ss. COUNTY OF RIVERSIDE ) I, Jo Ann Oliver, City Clerk of the City of Lake Elsinore, DO HEREBY CERTIFY that the above and fore9oing is a full, true and correct copy of Resolution No. 87-6 , of said Council, and that the same has not been amended or repealed. DATED: February 11, 1987 ~ ~` r ANN OLIVER, CITY CLERK CITY OF LAKE ELSINORE (SFAL)