HomeMy WebLinkAboutResolution No. 86490 •
RESOLUTION NO 8649
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,
1989 AND ENDING JUNE 30, 1990
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, 1989, and ending June 30, 1990, 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
$ 43,035;277. 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. Further, it is established that said departments,
offices, and agencies of the City shall not exceed their
respective budgets.
SECTION 3. All appropriations in the 1988-89 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 1989-90.
SECTION 4. Municipal Code 3.04.050 notwithstanding,
amounts appropriated to any account for any object or purpose may
be transferred to a different account for the same general
purpose within a department or activity upon recommendation of
the department head and approval by the Finance Director of the
City. The City Administrator is authorized to make such changes,
additions or deletions between or among department operating
budgets during the 1989-90 fiscal year as he may from time to
time, deem desirable and necessary in order to meet the City's
needs. City Council must approve any unbudgeted interfund
transfers of $25,000 or more that are required during the 1989-90
fiscal year as it may, from time to time, deem desirable and
necessary.
SECTION 5. The provisions of Section 5 notwithstanding,
the City Council of Azusa does hereby direct that any
unappropriated balance in the General Fund, utility funds, and
the various funds, as appropriate, as of June 30, 1989 shall be
automatically appropriated into the Contingency Fund therein.
Further, estimated revenues and appropriations will be set to
actual for fiscal year 1988-89 in order to improve financial
reporting presentations.
SECTION 6. Pursuant to Government Code 37208, warrants
drawn in payment of demands certified or approved by the City
Clerk as conforming to a budget approved by ordinance of the City
Council need not be audited by the City Council prior to payment.
Budgeted demands paid by warrant prior to audit by the City
Council shall be presented to the City Council for ratification
and approval at the first meeting after delivery of the warrants.
SECTION 7. The City Council does hereby authorize the
transfer of $500,000 from the self-insurance fund to the General
Fund.
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SECTION 8. The City Council does hereby authorize the
establishment of insurance reserves for the General Fund and
other governmental funds in sufficient amount as to be determined
by the Finance Director in coordination with the Risk Manager and
upon approval of the City Administrator. Such reserves will be
established to enhance the City's self-insurance program.
SECTION 9. The City Clerk shall certify as to the adoption
of this resolution.
ADOPTED AND APPROVED this
MAYOR
29th day of June 1989.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the City Council of the City of Azusa at a meeting
thereof, held on the 29th day of June 1989, by the following
vote of the Council:
AYES: COUNCILMEMBERS: AVILA, STEMRICH, LATTA, MOSES
NOES:
DEPUTY
COUNCILMEMBERS:
COUNCILMEMBERS:
NONE
NARANJO