HomeMy Public PortalAboutResolution - 04-31- 20040908 - Amend FY05 Budget RESOLUTION NO. 04-31
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT ADOPTING
AMENDMENTS TO THE BUDGET FOR FISCAL YEAR 2003-2004
The Board of Directors of the Midpeninsula Regional Open Space District(MROSD) does
resolve as follows:
WHEREAS, on March 24, 2004, the Board adopted Resolution No. 04-10 approving the
2004-2005 fiscal year budget; and
WHEREAS, the State of California has adopted in its budget a reduction of as much as ten
percent (10%) of property tax revenues to non-enterprise special districts resulting in an
estimated maximum loss of up to $2 million per year for MROSD, for two years; and
WHEREAS, the Administration and Budget Committee recommends adoption of the
amended budget.
NOW, THEREFORE, be it resolved as follows:
Section One. The Board of Directors of the Midpeninsula Regional Open Space District does
hereby adopt the attached amended budget(Exhibit A) for 2004-2005, which amends Resolution
No. 04-10 accordingly.
Section Two. The budget for the Midpeninsula Regional Open Space District for fiscal year
2004-2005 is amended as set forth in Exhibit A, a copy of which is attached hereto and made a
part hereof by reference.
Section Three. Monies are hereby appropriated in accordance with said budget.
I
RESOLUTION NO. 04-31
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space
District on September 8, 2004, at a Regular Meeting thereof, by the following vote:
AYES: J. Cyr, M. Davey, N. Hanko, L. Hassett, D. Little, K. Nitz, P. Siemens
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST: APPROVED:
ec e ry President
Board 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.
I
istri erk