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CC Resolution 1994-047^ G RESOLUTION NO. 94-47 A RESOLUTION OF THE CITY OF LA QUINTA APPROVING A BUDGET FOR FISCAL YEAR 94-95 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, the City Council desires to provide the level of service to meet the needs of the citizens of the City of La Quinta. NOW, THEREFORE, BE IT RESOLVED by the City of La Quinta adopt, as follows: SECTION 1. The Fiscal Year 1994-95 Budget which is on file with the City Clerk, is hereby approved. SECTION 2. Continuing Appropriations which remain unspent and were authorized by Council in Fiscal Year 1993-94, are approved in the amount not to exceed $119,400. SECTION 3. Encumbrances for Fiscal Year 1993-94 for committed appropriations are approved in the Fiscal Year 1994-95 Budget in an amount not to exceed $132,463. SECTION 4. 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, which are the legislative control level shall be made only upon 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. BIB] 08-18-1998-U01 09:45:22AM-U01 ADMIN-U01 CCRES-U02 94-U02 47-U02 ^ G II I 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 5. The City Manager shall render a monthly report to the City Council on the status of City operations as relates to the approved budget and any amendments thereto. PASSED, APPROVED AND ADOPTED this 19th day of July, by the following vote: AYES: Council Members Banagerter, McCartney, Perkins, Sniff, Mayor Pena NOES: None ABSENT: None ABSTAIN: None City of La Quinta, California AT*ST/ Cit City of La Quinta, California APPROVED AS TO FORM: DAV*N HONEYWELL, *1ty Attorney City of La Quinta, California BIB] 08-18-1998-U01 09:45:22AM-U01 ADMIN-U01 CCRES-U02 94-U02 47-U02