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HomeMy WebLinkAboutResolution No. 80600 0 RESOLUTION NUMBER 8060 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA ADOPTING THE BUDGET AND APPROVING APPROPRIATIONS FOR THE CITY OF AZUSA FOR THE FISCAL YEAR COMMENCING JULY 1, 1986 AND ENDING JUNE 30,1987 THE CITY COUNCIL OF THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS: SECTION 1. The budget for the City of Azusa for the fiscal year commencing July 1, 1986, and ending June 30, 1987, as prepared and submitted by the City Administrator and as modified by the City Council, is hereby approved and adopted as the budget of the City of Azusa for said fiscal year in the amount of $42,775,448. A copy of said budget is hereby ordered filed in the Office of the City Clerk and shall be certified by the City Clerk as having been adopted by this resolution. SECTION 2. From the effective date of said budget, the several amounts stated therein as proposed expenditures shall be and become appropriated to the several departments, offices and agencies of the City for the respective objects and purposes therein set forth, subject to expenditure pursuant to the provisions of all applicable ordinances of the City and statutes of the State. SECTION 3. All appropriations in the 1985-86 budget of the City not expended or encumbered hereby expire and terminate, except for those appropriations expressly continued and carried forward into the budget "rebudgeted" for 1986-87. SECTION 4. Amounts appropriated to any account for any object or purpose may be transferred to a different account for the same general purpose within or between the department or activity upon recommendation of the department head and the Director of Finance of the City and approval by the City Administrator. The City Administrator is authorized to make such changes in department operating budget totals during the 1986-87 fiscal year as he may, from time to time, deem desirable and necessary in order to meet the City's needs. SECTION 5. The City Council does hereby establish a Reserve for Civic Center Beautification within the General Fund, of $50,000, from the Certificates of Participation Fund, with additions and expenditures to be made as recommended by staff and approved by the City Administrator. SECTION 6. The City Council does hereby establish a "Dwelling Tax Fund" to segregate and account for the City's collections from developers under the provisions of the Quimby Act. The beginning balance of this new fund shall be established by the Director of Finance under the provisions of the Act. �J 0 SECTION 7. The provisions of Sections 5 and 6 notwithstanding, the City Council of Azusa does hereby direct that any unappropriated balance in the General Fund as of June 30, 1986 shall be automatically appropriated into the Contingency Fund therein and that any unappropriated balance in the utility funds as of June 30, 1986, shall be automatically appropriated to the Contingency Funds therein, respectively. SECTION 6. The City Clerk shall certify as to the adoption of this resolution. ADOPTED AND APPROVED THIS 24 DAY OF JUNE1986. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Azusa at a regular meeting thereof, held on the 24rh day of _June 1986, by the following vote of the Council: AYES: COUNCILMEMBERS: AVILA, COOK, CRUZ, LATTA, MOSES NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: DEPUTY CITY CLE NONE