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HomeMy WebLinkAboutCity Council Resolution 03-009 RESOLUTION NO. 03-009 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA MAKING APPROPRIATION ADJUSTMENTS TO THE FISCAL YEAR 2002103 BUDGET. WHEREAS, the City Council adopted Resolution No 02-40 adopting the budget for Fiscal Years 2002-03 on June 5, 2002, as amended through December 31, 2002; and WHEREAS, subsequent to the adoption of said Resolution, the City Manager has recommended amendments to the City's budget that reflect adjusting beginning fund balance from projection to audited balance and revisions to operating revenue projections and expenditure estimates. NOW, THEREFORE, The City Council of the City of Saratoga hereby resolves the following mid-year amendments to the 2002/03 budgets, as amended through December 31, 2002: Section 1. 2002/03 Operatinl! Budl!et Fund & Description General Fund Revisions Total General Fund Special Revenue Funds: COPS Sup_ Law Enforce, Revisions Total Streets & Roads Revisions Total Landscape/Lighting Revisions Total Development Services Revisions Total Enviromnental Frog. Revisions Total Housing & Cormn. Dev. Revisions Total Recreation Revisions Total TOTAL RESOURCES Beginning I I Transfers Revenues Revenues In 6,669,676 299,999 6,969,675 137,114 (3,793) 133,321 2,228,603 (107,138) 2,121,465 96,215 28,481 124,696 1,697,858 18,770 1,716,628 487,886 334,696 822,582 535,378 (458,949) 76,429 8,807,870 (114,265) 8,693,605 106,855 106,855 1,594,950 (221,250) 1,373,700 195,403 195,403 1,383,240 (68,800) 1,314,440 589,394 (1,942) 587,452 177,122 177,122 o 735,000 40,000 775,000 325,000 325,000 1,268,360 451,171 1,719,531 111,000 111,000 257,109 257,109 TOTAL USES I Transfers I Ending Fund Expenditures Out Balance 6,471,915 (7,146) 6,464,769 5,121,889 297,348 5,419,237 65,493 o 65,493 3,195,696 13,000 3,208,696 254,838 o 254,838 o 1,983,677 (39,381) 1,944,296 744,859 o 744,859 258,559 355,44] (355,441) o 258,559 992,109 992,1 09 3,883,742 220,532 4,104,274 o 178,476 (3,793) 174,683 o 1,896,217 109,783 2,006,000 o 36,780 28,481 65,261 o 1,097,421 (10,649) 1,086,772 o 332,421 332,754 665,175 98,500 7,492 105,992 o 40,000 40,000 Fund & Description TOTAL RESOURCES Beginning I I Transfers Revenues Revenues In TOTAL USES I Transfers I Ending Fund Expenditures Out Balance Teen Services Revisions 41,000 188,207 (5,000) 183,207 229,207 (5,000) 224,207 o o o Total o 41,000 Park Development Revisions Total 443,219 36,269 479,488 103,500 546,719 103,500 o o 546,719 36,269 36,269 Library Expansion Revisions 8,337,470 916,889 9,254,359 o 7,957,470 916,889 8,874,359 380,000 o 380,000 Total o o Library Debt Service Revisions Total 16,505 537,572 554,077 1,412,260 845,760 583,005 537,572 1,120,577 1,412,260 o 845,760 o Section 2. Multiple-Year Budget Public Safety Projects CIP Fund 4th Street Bridge $ (200,000) Facility Projects CIP Fund Warner Hutton House Improvements $ (125,000) AND BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 19'h day of February 2003 by the following vote: AYES: Councilmembers Kathleen King, Norman Kline, Vice Mayor Ann Waltonsmith NOES: None ABSTAIN: None ABSENT: Councilmember Stan Bogosian, Mayor Nick Streit c~ Ann Waltonsmith, Vice Mayor ATTEST: ~ Cathleen