1995 07 18 FAing -> 10/ 0
z
a nancin? LLtkoFd?
CITY COUNCIL CRAMBER
78A95 Calle Tampico
La Quinta, California 92253
Regular Meeting
July 18, 1995 3:00 P.M.
CALL TO ORDER Beginrung Res. No. FA 954)2
a Roll Call
CONFIRMATION OF AGENDA
APPROVAL OF MINI'IES
a. Approval of Minutes of June 20, 1995
PUBLIC COMMENT
BUSINESS SESSION
1. CONSIDERATION OF ADOPTING RESOLUTION APPROVING ThE FISCAL YEAR 1995?96
BUDGET.
A) RESOL?ON A?ON.
CONSENT CALENDAR None
DEPARTMENT REPORTS None
000001
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ CHAIR AND BOARD MEMBERS' ITEMS
PUBLIC HEARINGS None
ADJOURNMENT
DECLARATION OF POSTING
I, SAUNDRA L. JUHOLA, Secretary of the La Quinta Financing Authority, do hereby declare that the foregoing
agenda for the La Quinta Financing Authority meeting of July 18, 1995 was posted on the outside entry to the
Council Charnber, 78-495 Calle Tarupico and on the bulletin board at the La Quinta Charnber of Commerce on
Friday, July 14, 1995.
AUNDRA L. JUHOLA, Secretary
La Quinta Financing Authority
000002
Page 2
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ o
GP4oF
4
AGENDA CATEGORY:
BUSINESS SESSION:
COUNCILIRDA MEETING DATE: July 18,1995 CONSENT CALENDAR:
ITEM TIThE: STUDY SESSION:
Consideration of Adopting Resolution PUBLIC HEARING:
approving the Fiscal Year 1995-96
La Quinta Financing Authority Budget
RECOMMENDATION:
Adopt Resolution approving Fiscal Year 1995-96's Proposed Budget and receive and file the Five Year
Resource Allocation Plan.
FISCAL IMPLICATIONS:
All Fiscal Year 1995-96 revenues, operational appropriations and capital project funding are included
in the Proposed Fiscal Year 1995-96 Budget.
BACKGROUND AND OVERVIEW:
At the June 22nd Special Council Meeting, Council provided staff direction regarding the Preliminary
1995-96 Budget.
1. A Summary of the increases and decreases> since that meeting by Fund are as follows:
General Fund $ 86,750
Gas Tax 4,400>
RDA Capital Project #1 7,250
RDA Low/Moderate #1 8,250
RDA Capital Project #2 3,700
RDA Low/Moderate #2 4.200
$1 05.750
These Changes are detailed in Attachment 1 & 2.
2. A new schedule, page C-3 of the Budget Document entitled FY 1994195 Reserve and Designation
Summary has been prepared that reflects the reserves and designations for the FY 94/95 fund balances.
These reserves and designations reflect the anticipated use of these fund balances for future purposes.
Within this schedule is a column entitled Reserved for Continuing Appropriations $4,800 and
Encumbrances of $151,185 for a total of $155,985.
000003
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ NOTEXTPAGE
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ NOTEXTPAGE
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ NOTEXTPAGE
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ NOTEXTPAGE
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ NOTEXTPAGE
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02
ing -> 10/ NOTEXTPAGE
BIB]
06-09-1999-U01
01:40:14PM-U01
ADMIN-U01
FA-U02
07-U02
18-U02
1995-U02