RDA Resolution 1994-11w*h II
RESOLUTION NO. RA-94-11
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
APPROVING A BUDGET FOR FISCAL YEAR 94-95
WHEREAS, each year the La Quinta Redevelopment Agency adopts a Budget for
Revenues and Expenditures for the upcoming Fiscal Year; and
WHEREAS, the Agency desires to make provisions for a level of services commensurate
with the needs of the City; and
WHEREAS, the Agency has reviewed said budget and has had several public meetings
to receive public input; 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
adopt, as follows:
SECTION 1. The Fiscal Year 1994-95 Budget which is 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.
BIB]
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w*h a.
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 Agency approved capital projects and shall not
exceed the approved project budget. Unexpended general 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 19th day of July, by the following vote:
AYES Board Members Bangerter, McCartney, Pena, Perkins, Chairman Sniff
NOES: None
ABSENT: None
ABSTMN: None
La Quinta Redevelopment Agency
SAUNDRA L. JU A, Secretary
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
*Au* *
D WN HONEYWELL*, Agency Legal Counsel
La Quinta Redevelopment Agency
BIB]
11-03-1997-U01
11:30:06AM-U01
ADMIN-U01
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94-U02
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