RDA Resolution 2000-007 RESOLUTION NO. RA 2000-07
RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
APPROVING A BUDGET FOR FISCAL YEAR 2000-2001
WHEREAS, each year the La Quinta Redevelopment Agency adopts a Budget
for Revenues and Expenditures for the upcoming Fiscal Year; and
WHEREAS, the La Quinta Redevelopment Agency desires to make provisions for
a level of services commensurate with the needs of the City; and
WHEREAS, the La Quinta Redevelopment Agency has reviewed said budget and
has had several public meetings to receive public input; and
WHEREAS, the La Quinta Redevelopment Agency has, after due deliberation and
consideration, made such amendments in the proposed budget as it considers
desirable; and
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency
to adopt, as follows:
SECTION 1. The Fiscal Year 2000-2001 Budget which is on file with the La
Quinta Redevelopment Agency Secretary, is hereby approved.
SECTION 2. Continuing Appropriations which remain unspent and were
authorized by Council in Fiscal Year 1999-00, are approved in ~he Fiscal Year
2000/2001 Budget in an amount not to exceed $1,543,370 ( Attachment 1 ).
SECTION 3. 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 Redevelopment Agency approval.
B. Transfers of budgeted appropriations between divisions or capital
projects shall be made only upon Redevelopment Agency approval.
C. Transfers of budgeted appropriations between accounts within a
division or capital project may be made with the approval of the
Executive Director or his designee.
Resolution No. RA 2000-07
Budget FY 2000/2001
Adopted: July 18, 2000
Page 2
D. Prior year budget continuing Appropriations and Encumbrances
for unexpended capital project appropriations remaining from
uncompleted prior year capital projects shall be made with
Executive Director approval. These carry-over appropriations are
for prior year Redevelopment Agency approved capital projects
and shall not exceed the approved project budget.
SECTION 4. The Executive Director shall render a monthly report to the La
Quinta Redevelopment Agency Board on the status of Agency operations as it relates
to the approved budget and any amendments thereto.
PASSED, APPROVED and ADOPTED this 18th day of July, 2000 by the
following vote:
AYES: Members Adolph, Pe~a, Perkins, Sniff, Chair Henderson
NOES: None
ABSENT: None
ABSTAIN: None
TERRY ~JDERSON, Chair
La Quinta Redevelopment Agency
ATTEST:
JUNE CMC,
La Quinta Redevelopment Agency
(Agency Seal)
Resolution No. RA 2000-07
Budget FY 2000/2001
Adopted: July 18, 2000
Page 3
APPROVED AS TO FORM:
La Quinta Redevelopment Agency