HomeMy WebLinkAboutCity Council Resolution 06-076RESOLUTION N0.06-076
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AMENDING THE FY 2005-06 AND FY 2006-07 BUDGET
AS RECOMMENDED IN THE FISCAL IMPACT OF THE ADDITION AND
ALTERATIONS TO THE JAMES McWILLIAMS HOUSE PROJECT REPORT
WHEREAS, on June 7, 2006 the City of Saratoga awarded a construction
contract for Addition and Alterations to the James McWilliams House project;
WHEREAS, the said project will not begin until the next fiscal year; and
WHEREAS, it is necessary to carry forward revenues and expenditures of the
project budget from FY 2005-06 to FY 2006-07 to provide adequate financing for said
project;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Saratoga hereby resolves to accept the budget amendments as submitted and authorizes
the budget adjustments as follows:
AND BE IT FURTHER RESOLVED, that the Administrative Services Director
is directed to record these changes into the City's accounting records in accordance with
appropriate accounting practices.
• Decrease Revenue in FY 2005-06 by $87,000
• Increase Revenue in FY 2006-07 by $87,000
• Decrease Addition and Alterations to the James McWilliams House Project
expenditures in FY 2005-06 by $87,000
• Increase Addition and Alterations to the James McWilliams House Project
expenditures in FY 2006-07 by $87,000
BE IT FURTHER RESOLVED, the above and foregoing resolution was passed
and adopted at a regular meeting of the Saratoga City Council held on 7th day of June,
2006 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN
Councilmembers Kathleen King, Nick Streit, Ann Waltonsmith,
Vice Mayor Aileen Kao, Mayor Norman Kline
None
None
None
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orman Kline, ayor
City of Saratoga