HomeMy WebLinkAboutResolution No. UB- 07-C089RESOLUTION NO. 07-C89
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF AZUSA, CALIFORNIA, AMENDING THE FISCAL
YEAR 2007-2008 OPERATING BUDGET FOR THE
WATER UTILITY TO PAY FOR PURCHASED WATER.
WHEREAS, the adopted Fiscal Year 2007-2008 Operating Budget for the Water Utility
includes $2 million to pay for purchased water; and
WHEREAS, Southern California is in the midst of one of the most severe droughts in
recorded history; and
WHEREAS, the current drought has made it necessary for the Water Utility to purchase
water from the Metropolitan Water District at costs higher than anticipated when the Fiscal Year
2007-2008 budget was prepared; and
WHEREAS, if the drought continues and water purchases continue to be necessary, the
Water Utility purchased water budget will be in deficit by about $1 million by the end of January
2008; and
WHEREAS, Azusa Municipal Code Section 2-450 requires that all budget amendments
between $100,000 and $1 million be approved by resolution; and
WHEREAS, it is estimated that an amendment in the amount of $800,000 to the Water
Utility Operating budget will be adequate to cover purchase water costs through December 2007.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA, DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. That the Water Utility Fiscal Year 2007-2008 Operating Budget is hereby
amended in the amount of $800,000 to pay for purchased water costs,
budget expense account number 32-40-722-704-6563.
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED THIS 22nd day of October, 2007.
1 k
oseph R. Rocha
Mayor
ATTEST:
Candace Toscano
Assistant City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY, CERTIFY that the foregoing Resolution No. 07-C89, was duly adopted by the
Utility Board/City Council of the City of Azusa at a regular meeting of the Azusa Light & Water
Utility Board on the 22nd day of October, 2007.
AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: COUNCILMEM 3ERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ea, ,rte
Candace Toscano
Assistant City Clerk
BUDGET BALANCE - FORECAST FOR PURCHASED WATER COST FOR FY 2007-2008
Fund Acct Description Acct
Water Supplies/Special 32-40-722-704-6563 Current Budget Balance 874,832.29
Current Billings
Jul -07
(230,942.16)
Aug -07
(253,507.64)
Total
(484,449.80)
Forecasted Billings
Sept -07
(257,604.00)
Oct -07
(257,604.00)
*Nov -07
(308,000.00)
Dec -07
(308,000.00)
Jan -08
(308,000.00)
Total
(1,439,208.00)
Forecasted Deficiency by Jan 08
(1,048,825.51),
*Increases $90/Acre Foot
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