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7.3.F. - Page 4 ATTACHMENT 1 <br /> RESOLUTION NO. <br /> RESOLUTION APPROPRIATING AND TRANSFERRING CERTAIN <br /> FUNDS FOR SPECIFIED PURPOSES DURING FY 2013/2014 <br /> WHEREAS, during the course of a fiscal year, the City Council may take actions <br /> that change or modify the City's existing and approved budgets; and <br /> WHEREAS, grants and revenue are received during the course of the fiscal year <br /> which were not anticipated when the City's budgets were first approved; and <br /> WHEREAS, appropriations need to be established in order for staff to utilize <br /> grants and revenues received; and <br /> WHEREAS, generally, twice a year staff will present appropriation changes to <br /> the City Council for approval; and <br /> WHEREAS, staff has presented written documentation, which is attached hereto <br /> as Exhibits "A" and "B" which sets forth in particularity the changes in revenues and the <br /> changes in expenditures; and <br /> NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br /> REDWOOD CITY AS FOLLOWS: <br /> 1 . The following stated amounts, as set forth in full in Exhibits "A" and "B" <br /> which are attached hereto and made a part hereof, are hereby <br /> appropriated and transferred for specific purposes to conform the <br /> budgeted amounts to actual expenditures approved for transactions, <br /> which have occurred during fiscal year 2013/2014: <br /> Summary of Recommended Budget Changes by Fund Type <br /> REVENUES EXPENDITURES NET CHANGE IN <br /> FUND BALANCE <br /> $ $ $ <br /> GENERAL FUND 125,398 6,780,181 (6,654,783) <br /> SPECIAL REVENUE 797,312 290,312 507,000 <br /> FUNDS <br /> ATTY/RESO.2995/CC FISCAL YEAR 2013-14 APPROPRIATION REVISIONS <br /> REV:06-12-14 MLG <br /> Page 1 of 7 <br />