RDA Resolution 1993-07 L
RESOLUTION NO. RA 93-7
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
APPROVING A BUDGET FOR FISCAL YEAR 93-94
WHEREAS, a budget for the Fiscal Year 1993-94 has been prepared by City staff;
and
WHEREAS, the Agency has reviewed said budget and has had several public
meetings to receive public input; and
WHEREAS, the Agency desires to adopt a budget for the fiscal year; and
WHEREAS, the 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,
as follows:
SECTION 1. The budget, as submitted and on file with the City Clerk, is hereby
approved.
SECTION 2. 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 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 Agency
approval.
B. Transfers of budgeted appropriations between divisions or capital
projects, which are the legislative control level, shall be made only upon
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.
D. Prior year budget carry-overs 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 Agency approved capital projects and
shall not exceed the approved project budget. Unexpended general
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RESOLUTION NO. *3-7
operating appropriations will be incorporated into fund balance and will not be handled
through a carry-over procedure. The carry-over appropriations will be reported to the
Agency by the Executive Director.
SECTION 4. That the prepayment of demands prior to audit by the Agency may be
made by the Executive Director in conformity with the authority provided by Section
37208 of the Government Code of the State of California.
SECTION 5. The Executive Director may authorize the acquisition and utilization
of temporary personnel.
SECTION 6. The Executive Director shall render a monthly report to the Agency
on the status of Agency operations as relates to the approved budget and any
amendments thereto.
PASSED, APPROVED AND ADOPTED this July 6, 1993 by the following vote:
AYES: Members Bangerter, McCartney, Perkins, Sniff, Chairman Pena
NOES: None
ABSENT: None
ABSTAIN: None
#H,ENA,*erson
La Quinta Redevelopment Agency
ATTEST:
UNDRA L. JUH Secretary
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
DAWN HONEYWELL, Agency Attorney
La Quinta Redevelopment Agency
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