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HomeMy WebLinkAbout07-164 - Resolutions RESOLUTION NO. 07-164 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, ADOPTING THE CITY'S FISCAL YEAR 2007/08 BUDGET WHEREAS, the Rancho Cucamonga City Council held a workshop to review the appropriation requests for the fiscal year 2007/08 on June 13`h, 2007, and; WHEREAS, the Rancho Cucamonga City Council held a public hearing on the General City Budget, and; WHEREAS, this public hearing was published in a newspaper of general circulation and held on June 25, 2007; NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, California does hereby resolve on this 251h day of June 2007, as follows: SECTION 1: ADOPTION OF FISCAL YEAR 2007/08 BUDGET. The City of Rancho Cucamonga budget for the fiscal year 2007/08, on file in the office of the Finance Officer, is hereby adopted in the amount of $183,852,300. This budget total includes appropriations for both the general and other special purpose funds. SECTION 2: TRANSFERS OF FUNDS BETWEEN AND / OR WITHIN APPROPRIATIONS. The City Council of the City of Rancho Cucamonga may transfer funds between funds or activities set forth in the budget. The City Manager may transfers funds between appropriations within any fund as set forth in the budget and may transfer appropriations between activities within any cost center in the same fund. SECTION 3: TRANSFERS OF FUNDS BETWEEN FUNDS. Transfers of funds between funds as shown throughout the fund transfer sections of the budget shall be made as expenditures warrant such transfers. SECTION 4: DISBURSEMENTS. The City Manager and the Finance Director, or the duly designated representative, are hereby empowered and authorized to disburse funds pursuant to appropriations provided for in the fiscal year 2007/08 budget, and have the responsibility to establish procedures and to administratively implement and control the budget on all matters, except direct expenditures by Councilmembers which require Council approval. SECTION 5: ADDITIONAL APPROPRIATIONS. The City Council may amend this temporary budget to add or delete appropriations. Resolution No. 07-164 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 25`h day of June 2007. AYES: Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: Kurth ABSTAINED: None Diane Williams, Mayor Pro Tem ATTEST: NX�/A/rL} 12 l X• ()c Kat ryn L.tcott, CMC, Assistant City Clerk I, KATHRYN L. SCOTT, CMC, ASSISTANT CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California, at a Special Meeting of said City Council held on the 25th day of June 2007. Executed this 26th day of June 2007, at Rancho Cucamonga, California. C4;,,, Kath yn L. Jcott, CMC, Assistant City Clerk