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HomeMy WebLinkAboutCC Reso No 2014-036 Adopting the FY 2014-15 Annual Operating BudgetRESOLUTION NO. 2014 -036 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING THE FY 2014 -15 ANNUAL OPERATING BUDGET AND ESTABLISHING THE CONTROLS ON CHANGES IN THE APPROPRIATIONS WHEREAS, the City Council has a policy of adopting an annual operating budget to plan expenditures and to match anticipated revenues available in various City accounts in order to make the most efficient use of the City's limited resources for each fiscal year; and WHEREAS, the City of Lake Elsinore Municipal Code Section 3.04.010 defines the fiscal year for the City of Lake Elsinore as extending from July 1st of each year to and including June 30th of the following year. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City of Lake Elsinore Annual Operating Budget is hereby approved and adopted for the 2014 -2015 fiscal year. SECTION 2. A copy of the City of Lake Elsinore Operating Budget hereby adopted and certified by the City Clerk shall be filed with the City Manager or a designated representative, and a further copy so certified shall be placed and shall remain on file in the Office of the City Clerk where it shall be available for inspection. Copies of the certified budgets shall be made available for the use of departments, offices and agencies of the City. SECTION 3. That the following controls are hereby placed on the use and transfer of budget appropriations: A. No expenditure of funds shall be made unless there is an unencumbered appropriation available to cover the expenditure. B. The Department Director may prepare a transfer of appropriations within departmental budget accounts, with the approval of the City Manager. C. The City Council must authorize transfers (appropriations) of funds from the Unreserved Fund Balance and transfers between departmental budget accounts. D. The City Council must authorize any changes to the Schedule of Authorized Positions. The City Manager may authorize the hiring of City Council Resolution No. 2014 -036 Page 2 of 2 temporary or part -time staff as necessary within the limits imposed by the controls listed above. E. The City Manager may approve change orders on Public Works contracts approved by the City Council in amounts up to project contingency established by the City Council. F. Outstanding encumbrances shown on the City books at June 30, 2014, are hereby appropriated for such contracts or obligations for FY2014 -15. SECTION 4. This Resolution shall take effect from and after the date of its passage and adoption. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Lake Elsinore, California, this 10th day of June, 2014. Nat /4sha Johnson, ayor ATTEST: %_. irgini Bloo , ity Clerk FAIWWOW Z. Leibold, City Attorney STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Virginia Bloom, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2014 -036 was adopted by the City Council of the City of Lake Elsinore, California, at a regular meeting held on the 10th day of June 2014, and that the same was adopted by the following vote: AYES: Mayor Pro Tern Manos, Council Member Tisdale, Council Member Magee, Council Member Hickman, and Mayor Johnson NOES: None ABSENT: None ABSTAIN: None irginia om, C. y Clerk J'