HomeMy WebLinkAbout103-Budget Resolution.pdf
RESOLUTION NO.__________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2010/11
TO PROVIDE FUNDING FOR LANDSLIDE/EROSION MITIGATION ON PADERO COURT
WHEREAS, the City Council desires to mitigate a landslide/erosion failure at Padero Court in
the City; and
WHEREAS, financing in the amount of $50,000 is needed for the completion of said project;
and
WHEREAS, it is necessary to make adjustments to the Fiscal Year 2010/11 budget as follows:
Account Description Account# Amount
To appropriate expenditures for the Padero Court Landslide/Erosion Mitigation Project
Padero Ct Landslide/Erosion Mitigation – Exp Appropriation: xxx.xxxx.xxx.xxxx $ 50,000
To transfer funds from the Hillside Reserve to the Padero Court Landslide/Erosion Mitigation Project:
Hillside Reserve – Transfer Out 111.8101.99999 $ (50,000)
Padero Ct Landslide/Erosion Mitigation – Transfer In: xxx.xxxx.xxx.49999 $ 50,000
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga
hereby approves the above adjustments to the Fiscal Year 2010/11 Capital Improvement Budget.
BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and adopted at
a regular meeting of the Saratoga City Council held on 1st day of September by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
______________________
Kathleen King, Mayor
City of Saratoga
Attest:
_______________________
Ann Sullivan, City Clerk