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HomeMy Public PortalAbout2005-099 (06-21-05) RESOLUTION NO. 2005.099 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEARS 2005/06 WHEREAS, the City Manager has submitted the Proposed Annual Operating and Capital Improvement Budget for Fiscal Year 2005/06; and WHEREAS, the City Council has reviewed the Proposed Budget; and WHEREAS, the City Council held budget workshops to discuss the Proposed Operating Budget; and WHEREAS, a copy of the Proposed Annual Budget was made available for public review in the City Clerk's Office. NOW THEREFORE, the City Council of the City of Lynwood does hereby find, order, and resolve as follows: Section 1. The Annual Operating and Capital Improvement Budget for Fiscal Year 2005/06 is hereby approved. Section 2. The City Manager or his designee is authorized to approve any transfer between accounts, provided that: 1) They are within the same general group of accounts. 2) They are being transferred to cover expenses of temporary personnel due to vacant positions. 3) They are within the same fund. 4) They do not exceed $10,000 per transfer. Section 3. That all incomplete Capital Improvement Projects with remaining account balances and available funding sources be carried over from the prior fiscal year, to allow the work in progress relative to these projects to continue in an uninterrupted manner. Section 4. This resolution shall go into effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 21S~_da~~~ ATTEST: Andrea L. Hooper, APPROVED AS TO FORM: ty A(torney APPROVED AS TO CONTENT: nr~e I~artihez '~ City Manager STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS. I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 21st day of JUNE ,2005. AYES: NOES: NONE ABSENT: NONE ABSTAIN: NONE COUNCILMEN BYRD, PEDROZA, SANTILLAN, VASQUEZ AND RODRIGUEZ Andrea L. Hooper, City Clerk STATE OF CALIFORNIA COUNTY OF LOS ANGELES l, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correction copy of Resolution No. ~ on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 21st day of JUNE ., 2005. Andrea L. Hooper, City Clerk