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HomeMy WebLinkAbout98-118 - ResolutionsRESOLUTION NO. 98-1 '18 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA ADOPTING THE CITY'S FISCAL YEAR '1998/99 BUDGET WHEREAS, the Rancho Cucamonga City Council held workshops to review the appropriation requests for the fiscal year 1998/99 on June 11 and 18, 1998, 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, 1998; NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, California does hereby resolve on this 25th day of June 1998, as follows: SECTION 1: Adoption of Fiscal Year 1998199 Budget. The City of Rancho Cucamonga budget for the fiscal year 1998/99, on file in the office of the Finance Officer, is hereby adopted in the amount of $76,025,580. 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 Officer, or the duly designated representative, are hereby empowered and authorized to disburse funds pursuant to appropriations provided for in the fiscal year 1998/99 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 Ar~propriations. The City Council may amend this temporary budget to add or delete appropriations. Resolution No. 98-118 Page 2 PASSED, APPROVED, AND ADOPTED this 25th day of June, 1998. AYES: Alexander NOES: None ABSENT: None ABSTAINED: None ATTEST: Debra J. Ada~n~, CMC, City Clerk Biane, Curatalo, Williams William J. AI/eS(ander, IVYayor I, DEBRA J. ADAMS, CITY CLERKof 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 an adjourned meeting of said City Council held on the 25th day of June, 1998 Executed this 29th day of June, 1998, at Rancho Cucamonga, California. De~br~a J. Ad-~, CMC, City Clerk