R 3853
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RESOLUTION NO. 3853
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE ADOPTING FISCAL YEARS
200~ AND 2006.07 TWO-YEAR BUDGET AND
MAKING APPROPRIATIONS FOR THE AMOUNT
BUDGETED
WHEREAS, a proposed Two Year Budget for the City of Arroyo Grande for Fiscal
Years commencing July 1, 2005 and ending June 30, 2006 and commencing July 1,
2006 and ending June 30, 2007, was submitted to the City Council and is on file with
the Director of Administrative Services; and
WHEREAS, the City Council also serves as the Redevelopment Agency Board of
Directors; and
WHEREAS, proceedings for adoption of said Budget have been duly taken; and
WHEREAS, the Budget reflects a $5,000 increase in Tree Maintenance
expenditures recommended by the City Council and a $5,000 increase in Police
Cost Recovery revenue;
WHEREAS, the Budget reflects an increase to the Water Fund revenue of $97,700
and Sewer Fund revenue of $96.945 based on the Water and Sewer rate study
completed June 2005;
WHEREAS, the budgeted expenditures in the Lopez Fund were increased by
$354,961 in Fiscal Year 2006-07 to reflect the fIVe-year forecast prepared by the
County of San Luis Obi!,po.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE
DOES RESOLVE AS FOLLOWS:
SECTION 1. The Budget, as amended, is adopted as the Two Year Budget for the
City of Arroyo Grande for the Fiscal Years commencing July 1, 2005 and ending
June 30, 2006 and commencing July 1, 2006 and ending June 30. 2007.
SECTION 2. At the close of each Fiscal Year, unexpended appropriations in the
Operating Budget will be carried forward to the next flscal. year as necessary to
underwrite the expense of outstanding purchase commitments. Unexpended
appropriations for authorized. but uncompleted projects as approved by the City
Council. may be carried forward to the next succeecJing Budget upon
recommendation by the Financial Services Director and approval of the City
Manager.
RESOLUTION NO. 3853
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On motion of Council Member Costello, seconded by Council Member Guthrie, and
on the following roll call vote, to wit:
AYES: Council Members Costello, Guthrie, Dickens, Arnold and Mayor Ferrara
NOES: None
ABSENT: None
the foregoing Resolution was passed and adopted this 14\11 day of June 2005.
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RESOLUTION NO. 3853
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ATTEST:
APPROVED AS TO CONTENT:
/~ -2?~) .
sf EVEN ADAMS, CITY MANAGER
APPROVED AS TO FORM:
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RESOLUTION NO. 3853
OFFICIAL CERTIFICATION
I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San
Luis Obispo, State of California, do hereby certify under penalty of perjury, that
Resolution No. 3853 is a true, full, and correct copy of said Resolution passed
and adopted at a regular meeting of the City Council of the City of Arroyo Grande
on the 14111 day of June 2005. . !
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 16th
day of June 2005.
tAll J,ut()1..fL-
RE, CITY CLERK
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