Loading...
HomeMy WebLinkAboutCity Council Resolution 17-042 -Amending Budget to Establish Fund for Brookview LLAD Zone 39RESOLUTION NO. 17-042 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO ESTABLISH A FUND FOR THE NEWLY CREATED LANDSCAPE AND LIGHTING ZONE 39 BROOKVIEW WHEREAS, the City Council approved the annexation of a new LLA - Zone 39 (Brookview) at the City Council meeting on June 7, 2017 WHEREAS, a resolution confirming assessment for the new LLA Zone 39 was also approved for FY 17-18; WHEREAS, Finance will need to account for the new LLA Zone 39 in a new separate fund; WHEREAS, it is necessary to appropriate revenues and expenditures for the new LLA Zone 39 in the FY 17-18 budget: Account Description Account Amount To appropriate Assessment Revenue and Expense for LLA Zone 39 (Brookview): Appropriate Revenue for LLA Zone 39 (Brookview) 2795302 $66,105 Appropriate Expenditure for LLA Zone 39 (Brookview) 2795302 $66,105 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2017/18 Operating 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 5th day of July, 2017 by the following vote: AYES: Mayor Emily Lo, Vice Mayor Mary -Lynne Bernald, Council Members Howard A. Miller, Rishi Kumar NOES: ABSENT: ABSTAIN: Council Member E. Manny Cappello A TEST: Cry 1 Bothelio, City Clerk DATE: Emily Lo, Mayor 1/13/2.01-1