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Res07 14793
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Res07 14793
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Last modified
10/11/2019 9:56:19 AM
Creation date
10/11/2019 9:56:18 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
7/9/2007
Description
A RESOLUTION OF THE CITY OF REDWOOD CITY ADOPTING THE FINAL BUDGET OF THE CITY OF REDWOOD CITY FOR FISCAL YEAR JULY 1, 2007 - JUNE 30, 2008; PROVIDING FOR THE APPROPRIATION AND EXPENDITURE OF ALL SUMS SET FORTH IN SAID BUDGET; PROVIDING FOR EMERGENCY EXPENDITURES, TRANSFERS, ADDITIONAL APPROPRIATIONS, CANCELLATIONS AND REAPPROPRIATIONS OF EXISTING APPROPRIATIONS; ADOPTING THE BUDGET FOR GENERAL IMPROVEMENT DISTRICT NO. 1-64 FOR FISCAL YEAR JULY 1, 2007 - JUNE 30, 2008; AND MAKING PROVISION FOR INTERIM EXPENDITURES AS OF JULY 1, 2007.
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<br />07/09/2007 <br /> <br />stricken by calamity, or to meet monetary expenditure required by law, the Council may, <br /> <br />upon 2/3rds vote of the members present at any regular, adjourned or special meeting, <br /> <br />adopt a resolution stating the facts constituting the emergency, thereby making the <br /> <br />expenditure necessary to meet such emergency. All emergency expenditures shall be <br /> <br />paid by warrant or check from any fund properly chargeable therewith and the Director <br /> <br />of Finance is hereby authorized and directed to pay such warrants. <br /> <br />SECTION 6. Budget for General Improvement District No. 1-64. The budget <br /> <br />designated as the budget for General Improvement District No. 1-64, for the Fiscal Year <br /> <br />July 1, 2007 - June 30, 2008, in the Annual Budget referenced in Section 1 hereof, is <br /> <br />hereby adopted. <br /> <br />SECTION 7. Provision for Interim Expenditures as of July 1. 2007: <br /> <br />Reappropriations. All unencumbered General Fund balances remaining at the close <br /> <br />of the Fiscal Year June 30, 2007, except for those amounts otherwise legally disposed <br /> <br />of, are hereby appropriated to the General Fund program "Resources Held in Reserve." <br /> <br />The Director of Finance is hereby authorized to transfer monies hereby appropriated to <br /> <br />the program resources held in reserve from said program to any other program or <br /> <br />budget item established by Annual Budget referenced in Section 1 hereof, or by this <br /> <br />2007/08 Fiscal Year Budget resolution, for expenditure from such other program or <br /> <br />budget item, without further Council approval for such transfer; provided, however, that <br /> <br />the sum of all expenditures of General Fund monies during Fiscal Year July 1, 2007 - <br /> <br />June 30, 2008, plus expenditures during the interim period between the close of Fiscal <br /> <br />Year June 30, 2007, and the date of adoption of the 2007/08 Fiscal Year budget shall <br /> <br />not exceed the total amount appropriated by this 2007/08 Fiscal Year Budget <br /> <br />Resolution. <br /> <br />Atty/Reso/Reso.1729 <br />062707 <br /> <br />14793 <br />Muff # 501 <br /> <br />4 <br />
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