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HomeMy WebLinkAboutCity Council Resolution 01-007RESOLUTION NO. 01-007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA MAKING APPROPRIATION ADJUSTMENTS TO THE FISCAL YEAR 2000/01 BUDGET WHEREAS, the City Council adopted Resolution No 00-38 adopting the budget for Fiscal Years 2000-01 and 2001-02 on June 21, 2000; and WHEREAS, subsequent to the adoption of said Resolution, the City Manager has recommended further changes to the City's budget; and WHEREAS, the City wishes to implement the Pride's Crossing Traffic Study recommendation using General Fund balance, for a cost not to exceed $5,200; and WHEREAS, the City Council has considered the recommendations of the City Manager and believes that implementing these further changes will be in the best interests of the City. NOW, THEREFORE, the City Council of the City of Saratoga hereby resolves to increase the appropriations for implementing the Pride's Crossing Traffic Study recommendation by $5,200, and to increase revenues from the General Fund balance. AND BE IT FURTHER RESOLVED, the above adjustments to the City of Saratoga's Fiscal Year 2000-01 budget will be made using the following entries: 150-9010-532-4010-0108 150-1040-421-0300 001-1040-421-0300 001-0000-330-0100 Capital Project - Pride's Crossing Operating Transfer In Operating Transfer Out General Fund Balance Expenditures Revenues (Debit) (Credit) $5,200 $5,200 $5,200 $5,20O The above and foregoing resolution was passed and adopted at an adjourned meeting of the Saratoga City Council held on the 17th day of January, 2001, by the following vote: AYES: Evan Baker, Stan Bogosian, Nick Streit, Ann Waltonsmith Mayor John Mehaffey NOES: None ABSENT: None ABSTAIN: None John/~ehaffey, Mayor