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HomeMy Public PortalAboutResolution - 02-50- 20021211 - Amend FY03 Budget RESOLUTION NO. 02-50 RESOLUTION OF THE BOARD OF DIRECTORS OF TBE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT ADOPTING AMENDMENTS TO THE BUDGET FOR FISCAL YEAR 2002-2003 The Board of Directors of the Midpeninsula Regional Open Space District does resolve as follows: Whereas the Board approved the 2002-2003 fiscal year budget; and Whereas the Administration and Budget Committee reviewed the Controller's Mid-Year Report and the 2002-2003 year-to-date expenditures, as part of the annual mid-year review; and Whereas some line-item adjustments are warranted to incorporate expenditures authorized by the Board after the adoption of the budget,the purchase of fixed asset office equipment in lieu of the need for contract services or computer software, some excess expenses due to business necessity, and any errors in the original budget figures and whereas the Administration and Budget Committee recommends adoption of the amended budget. Now,therefore, be it resolved that the Board of Directors of the Midpeninsula Regional Open Space District adopts the attached amended budget(Exhibit A)for 2002-2003. Section One. The budget for the Midpeninsula Regional Open Space District for fiscal year 2002-2003 is amended as set forth in Exhibit A, a copy of which is attached hereto and made a part hereof by this reference. Section Two. Monies are hereby appropriated in accordance with said budget. I I I I f RESOLUTION No. 02-50 PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space District on December 11, 2002, at a Regular Meeting thereof, by the following vote: AYES: D. L%ttee, P. Sieme", N. Hanko, J. Cytc, L. Haussett, M. Davey, K. Nitz NOES: None ABSTAIN: None ABSENT: None ATTEST: APPROVED: Secret President Boar of Directors Board of Directors I, the District Clerk of the Midpeninsula Regional Open Space District, hereby certify that the above is a true and correct copy of a resolution duly adopted by the Board of Directors of the Midpeninsula Regional Open Space District by the above vote at a meeting thereof duly held and called on the above day. C Distrust' erk