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HomeMy WebLinkAboutResolution No. 91-C0690 • RESOLUTION NO. 91 -CO 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 19 1991 AND ENDING JUNE 309 1991 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, 1991 and ending June 30, 1992, 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 $47,247,399. 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 1990-91 budget of the City not expended or encumbered hereby expire and terminate, except for those appropriations expressly continued and carried forward (rebudgeted) in the budget for 1991-92. 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 1991-92 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 $250,000 or more that are required during the 1991-92 fiscal year as it may, from time to time, deem desirable and necessary. SECTION 5. The provisions of Section 3 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, 1991 shall be automatically appropriated into the contingency fund therein. SECTION 6. The City Council does hereby authorize the establishment of insurance reserves for the General Fund and other 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 7. Pursuant to Government Code 37208, warrants drawn in payment of demands certified and approved by the City Clerk as conforming to a budget approved by action 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. 0 0 SECTION 8. The City Clerk shall certify to the adoption of this Resolution. ADOPTED AND APPROVED this 25TH day of JUNE, 1991. CF0P?:'WWZWG 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 25TH day of JUNE, 1991 by the following vote of the Council: AYES: COUNCIL MEMBERS: NOES: COUNCIL MEMBERS: ABSENT: COUNCIL MEMBERS: DANGLEIS, STEMRICH, NARANJO, ALEXANDER, MOSES NONE NONE