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HomeMy WebLinkAboutCC Reso No 1997-54RESOLUTION NO. 97-54 WHEREAS; the City Manager has submitted to the City Council of the City of Lake Elsinore A RESOLUTION OF THE CITY COUNCIL OF THE CITY OT LAKE ~LSINORE, CALITORNIA, APPROVING AND ADOPTING TH~ BUDGET FOR rISCAL YEAR 1997-98 AND APPROPRIATING TI3E TUNDS N~C~SSARY TO MEET THE EXPENDITURES SET FORTH HEREIN. a budget for Fiscal Year 1997-98, having proposed expenditures for the General Fund in the amount of $7,621,850 with projected Revenue and transfers totaling $8,400,300; and WH~REAS, The City Manager has submitted to the City Council of the City of Lake Elsinore a budget for Fiscal Year 1997-98, having proposed expenditures for other funds of the City and Consists of the following k'und/Asencv Revenue Budeet Difference CIP $2,174,000 $2,174,000 -0- LLMD 1,121,600 1,121;600 -0- Lake Park & Rec. 277,600 496,000 -0- Enterprise Fund Beg. Fund Balance 218,400 ---- ---- Stadium/Amphitheater Fund 250,000 750,000 $500,000 RDA 4,771,100 5,779,300 968,200 Beg. Fund Bal. 40,000 ---- ---- TOTAL GENERAL FUND TRANSFERS $1,468,200 WHEREAS, the Engineering Department has submitted an aggressive CIP Budget with some 16 different projects totalin~ $2,174,000 utilizing Gas Tax, Measure A, and Grant Revenues. r NOW, THEREFORE, the City Council of the City of Lake Elsinore, California, does hereby find, determine and declare that this budget for Fiscal Year 1997-98 is hereby PASSED, APPROVED,AND ADOPTED this is day ofJuly, 1997, by the following vote: AYES: NOES: ABSENT: ABSTAIN COUNCILMEMBERS: COLTNCILMEMB~RS COUNCILMEMBERS COLTNCILMEMBER~ ALONGI, BRINLEY, KELLEY, METZE, PAPE NONE NONE rTnniF A TEST: APPROVED AS TO FORM AND EGALITY: ~ Vicki Lynr. I{asad, City Clerk B ara LeiUold, ity Attorney STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, CALIFOItNIA, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the City Council of the City of Lake Elsinore at a Regular Meeting of said Council on the 15th day of July,1997, and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: ALONGI, BRINLEY, KELLEY, METZE, PAPE NOE5: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: COUNCILMEMBERS: ~ ~ ~~ ~CHI KAS~, CITY CLERK C`~:'i'~' OIr LA~' ELSINORE (SEAI,) STATE OF CALIFORNIA ) COiJNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE) NONE NONE NONE I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFI' that the above and foregoing is a full, true and correct copy of Resolution No. 97-54 of said Council, and that the same has not been amended or repealed. DATT.: July 21, 1997 c ~/ ~1.~_. '~G~IK.?s:S~.D,CITY LERK CTII"I' O~+ LAKE ELSINORE (SEAL)