RDA Resolution 1996-05^#X RESOLUTION NO. RA96-05
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
APPROVING A BUDGET FOR FISCAL YEAR 1996-97
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 1996-97 Budget which is on file with the La Quinta
Redevelopment Agency Secretary, is hereby approved.
SECTION 2. Encumbrances for Fiscal Year 1995-96 for committed appropriations
are approved in the Fiscal Year 1996-97 Budget in an amount not to exceed $272.00
Attachment No.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.
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^#XResolution No. RA96-05
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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 22nd day of July, 1996, by the
following vote:
AYES: Board Members Adolph, Holt, Chairman Sniff
NOES: Board Members Henderson, Perkins
ABSENT: None
ABSTAIN: None
STANLEY L. SN
La Quinta Redevelopment Agency
A ST:
AUND+A*L.J HOLA, Secretary
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
*
DAWN C HONEYWELL, Attorney
La Quinta Redevelopment Agency
BIB]
11-03-1997-U01
03:21:32PM-U01
ADMIN-U01
RDARES-U02
96-U02
05-U02