HomeMy WebLinkAboutCity Council Resolution 07-016RESOLUTION NO.07-0 ~. ~
A RE~I~IJTI~~ ~~' THE 'ITY ~I~NII~ ~~' THE ITS ~F ARATA
A11~E1~l~Il~ THE ~"Y D0~1~"~ ~PEITI ADD ~PIT~L BIDET
HERA, the qty ~une11 has reeerved and r~vl~wed the FY 2~~~1~~7 1VI1d-dear Budget
A~nendmen~ R~por~; ~
NOON, T~E~EFORE~ BE IT EO~,~ED, that the pity oun~il of the pity ~~ Saratoga h~~by
re~~lve~ ~~ aco~p~ tie budget atnend~nents a~ submitted and ut~ari~~ adju~trn~nt~ a foi1~~~
Increase ar Increase or offset to
~Decrease~ ~Decrease~ I~[~ND
R~~~NII~ ~~~~~D~TUR. ~A.L~AN~E
en~ra~ F~r~d
Increase ~'EA Property Tax Allocation ~ 78,777
Decrease budgeted Mate tale-away reimbufset~ent ~5~0,~~~~
Net Increase to Property Tax Revenues
Increase Interest Income revenue ~~~,~~~
Net increase to Interest Ir~came Revenue
~"~~era~ ~u~~
lnerease ouneii Oontingency funding S~,~o~
Increase I~AR ~uppart funding ~5,~0~
Increase ~ammunity grants funding ~t~~.,~pecif ie~~ 75,~~~
Special Projects Reserve Fund Balance 45~,~04
Increase Operating Transfers Out to Il? Projects I,2~~,D~~
N'et decrease to OF year er~d fund balance
e~~ra~ ~'ur~d
Increase tree Iine revenue 100,a0~
Increase tree planting expenditures 1~~,~q~
~~v~~a~r~~~t Fund.
Increase General Plan Update Revenue ~~,~~~
Increase general Plan Update Expenditures S~,OaD
~'~~~' ~'ur~d~~
Decrease to correct duplicate Hakane rardens exp X191,050}
Na impact to fund balance -correcting entry only
Equx~r~e~r~ ~e~rlac~~ru~~t Fund
Increase Equip Replacement Fund's exp budget 79,915
Decrease to Equip Repl Fund YE fund balance
Puv~~ten~ ~ar~u~mertt P~ora~n
Increase Kevin 1V~aran Par1~ Improvement pra~ect exp. 1,100,000
Increase RR grossing Improvement project exp. 100,000
Increase Operating Transfer In for CIS 1,~OO,D00
25,777
~O~,O~a
~79,915~
A ~F ~T FU~T~~~ RE~LEI~, that tie A~r~ini~tr~.tive ~rvi~~ ~ire~t~r is dit~~~t~~ t~
record these ~han~~~ into the ~it~'s ac~~untin r~c~rds in a~~~rdance with ap~ropriat~
accountln practices.
"the agave and £cregoin resolution eras passed and adapted at a regular n~~tin ~~` tk~e artaga
pity council field ~~ tie ~ 1'~~ dad ~f Nlareh ~0~7 by th.e ~'o~lowi.n vate:
,AY~~; ounc~lrr~ern~ers Jill Hunter, Cathleen 1ng, shuck Page,
Vice yar A_nn waltonsmith, ayar Aileen I~a~
~F: bane
AFT: lone
STAIN: bane
~ileer~ ~a,o, Nlayar