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CC Resolution 2000-090-- RESOLUTION NO. 2000-90 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, ESTABLISHING THE CITY'S APPROPRIATION LIMIT FOR FISCAL YEAR 2000-2001 AND APPROVING A BUDGET FOR FISCAL YEAR 2000-2001 WHEREAS, each year the La Quinta City Council adopts a Budget for Revenues and Expenditures for the upcoming Fiscal Year; and WHEREAS, the City Council desires to make provisions for a level of services commensurate with the needs of the City; and WHEREAS, the City Council has reviewed said budget and has had several public meetings to receive public input; and WHEREAS, the City Council has, after due deliberation and consideration, made such amendments in the proposed budget as it considers desirable; and WHEREAS, Section 7910 of the government Code of the State of California provides that each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the following fiscal year; and WHEREAS, Section 7902(b) of the Government Code sets forth the method for determining the said appropriations limit, to be based upon the limit applicable for the prior fiscal year and adjusted for changes in the cost-of-living and in population. NOW, THEREFORE, BE IT RESOLVED by the City of La Quinta to adopt, as follows: SECTION 1. The appropriations limit for the City of La Quinta established in accordance with Section 7902(b) of the California Government Code, for Fiscal Year 1999-2000 is $36,229,777. SECTION 2. It is hereby found and determined that in compliance with Government Code Section 791 O, the documentation used in the determination of said appropriations limit for Fiscal Year 2000-2001 was available to the public in the Finance Department of the City and in the Office of the City Clerk at least fifteen days prior to this date. SECTION 3. The Fiscal Year 2000-2001 Budget which is on file with the City Clerk, is hereby approved. Resolution No. 2000-90 Budget FY 2000/2001 - Appropriation Limit Adopted: July 18, 2000 Page 2 SECTION 4. The Redevelopment Agency agrees to the reimbursement to the City for services performed by the City on behalf of the Agency. Such reimbursement, as computed and included in the budget document, shall include salary, salary related costs, direct costs, and indirect overhead costs. SECTION 5. Continuing Appropriations which remain unspent and were authorized by Council in Fiscal Year 1999/00 are approved in the Fiscal Year 2000/2001 Budget in an amount not to exceed 9282,966. SECTION 6. Encumbrances for Fiscal Year 1999-00 for committed appropriations are approved in the Fiscal Year 2000-2001 Budget in an amount not to exceed 9166,344. SECTION 7. Budget adjustment procedures are approved as follows: A. Additional appropriations and the transfer of cash or unappropriated fund balance from one fund to another shall be made only upon City Council approval. B. Transfers of budgeted appropriations between divisions or capital projects shall be made only upon City Council approval. C. Transfers of budgeted appropriations between accounts within a division or capital project may be made with the approval of the City Manager or his designee. D. Prior year budget continuing Appropriations and Encumbrances for unexpended capital project appropriations remaining from uncompleted prior year capital projects shall be made with City Manager approval. These carry-over appropriations are for prior year Council approved capital projects and shall not exceed the approved project budget. SECTION 8. The City Manager shall render a monthly report to the City Council on the status of City operations as it relates to the approved budget and any amendments thereto. Resolution No. 2000-90 Budget FY 20OO/2OO1 - Appropriation Limit Adopted: July 18, 2000 Page 3 PASSED, APPROVED and ADOPTED this 18th day of July, 2000 by the following vote: AYES: Council' Members Adolph, Henderson, Perkins, Sniff, Mayor Pe~a NOES: None ABSENT: None ABSTAIN: None JO~ Mayor City of La Quinta, California ATTEST: k City of La Quinta, California (City Seal) APPROVED AS TO FORM: .~KATI21EF~N~,~Ci~ Attorney City of La Quinta, California