HomeMy WebLinkAbout102-Attachment A: Budget Adjustment Resolution.pdf
RESOLUTION NO._______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE CAPITAL BUDGET FOR FISCAL YEAR 2011/12 TO ACCOUNT FOR A SARATOGA MONTE SERENO COMMUNITY FOUNDATION GRANT FOR THE CITY’S TREE DEDICATION PROGRAM
WHEREAS, through the City of Saratoga’s Tree and Bench Dedication Program, members of the public
may purchase a tree or bench to be placed on City property to honor or memorialize a loved one; and
WHEREAS, in September 2010, the City Council allocated $25,000 to the Tree and Bench Dedication
Program to reduce the cost of dedication trees from $500 per tree to $250 per tree; and
WHEREAS, the Saratoga Monte Sereno Community Foundation is a local non-profit working towards improving the quality of life for Saratoga and Monte Sereno residents; and
WHEREAS, the Saratoga Monte Sereno Community Foundation has agreed to grant $2,500 to the City
of Saratoga to further reduce the cost of dedication trees from $250 per tree to $125 per tree for up to 20 trees;
and
WHEREAS, to accept the grant funding from the Saratoga Monte Sereno Community Foundation, the
following adjustments to the Fiscal Year 2011/12 capital budget need to be adopted:
Account Description Account # Amount
To budget revenue and expenditure appropriations for Tree Dedication Program grant from Saratoga Monte
Sereno Community Foundation. Tree Dedication Program Budget Increase 421-9212-002-46551 $2,500 Tree Dedication Program Budget Expenditure 421-9212-002-81121 $2,500
NOW, THEREFORE, BE IT RESOLVED, that the City Council of Saratoga hereby approves the above
adjustments to the Fiscal Year 2011/12 Capital Improvement Budget. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council
held on the 17th day of August 2011 by the following vote:
AYES: NOES: ABSENT:
ABSTAIN:
______________________________ Howard A. Miller, Mayor ATTEST:
_____________________________
Ann Sullivan, City Clerk