HomeMy Public PortalAbout91-042 (03-19-91)RESOLUTION NO. 91-42
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AMENDING
THE ANNUAL OPERATING BUDGET FOR FISCAL YEAR 1990-91
WHEREAS, the Annual Operating Budget for Fiscal Year
1990-91 has been reviewed by staff; and
WHEREAS, certain variances have occurred which affects
actual year-end estimates; and
WHEREAS, certain amendments are needed to cover
projected revenue and expenditures changes; and
WHEREAS, these amendments will bring adopted budget
into balance with estimated actual revenues and expenditures for
year ending June 30, 1991.
NOW, THEREFORE, the City Council of the City of Lynwood
does hereby find, order and proclaim as follows:
Section 1. That amendments to the Annual operating
Budget for Fiscal Year 1990-91 is hereby approved.
Section 2. That the City Manager or his designee is.
authorized to make the following budget amendments:
EXPENDITURES
FUND DESCRIPTION FROM TO VARIANCE
O1 General Fund 14,105,959 14,339,288 233
329
02 Water Fund 3,123,931 3,131,932 ,
8
001
03 Traffic Safety 1,767,538 1,742,536 ,
(25,002)
04
O5 St. Lighting
CIP 726,908
9,738,403 701,908
8,377,402 (25,000)
(1,361
001)
08 Garage 539,865 944,997 ,
405
132
- 28 HUD 1,225,791 1,347,338 ,
121,547
31
33 Transportation
T.a nAcrann Mai..} ~g8 y60
o-~r°o~.~ 1 124 934
'..~_~ __ 335 974'
e
- TOTAL :32,793;078 32,560;802.- (232,2.76)
REVENUES
O1 General Fund 13,885,750 14,077,810 192,060
02 Water Fund 3,609,800 3,406,850 (202,950)
03 Traffic Safety 1,471,550 1,195,000 (276,550)
05 CIP 2,172,000 2,194,357 22,367
07 Gas Tax (2107) 605,050 598,750 (6,300)
08 Garage 405,800 783,283 377,483
23 Self-Insurance 694,950 767,950 73,000
27 Section 108 -0- 1,560,000 1,560,000
28 HUD 3,213,050 1,713,050 (1,500,000)
32 Prop "A" 949,000 1.199,000 250.000
29 FAU _ 2,750,_000, - ," 1,1394;0:00 (1;3.S6.,U~U):
TRANSIF'ERtS Ihd__~05u'1'
O1
02 General Fund
Water Fund 758,802
(491
906) i9l,84'i
4 39,045
, (
90,338) 1,568
03 Traffic Safety 442,775 568,949 127,342
05 CIP 7,544,036 6,183,035 (1,361,001)
06 Gas Tax (2106) (290,300
(315,300
) (25,000)
07 Gas Tax (2107) (681,278) (781,278) (100,000)
08 Garage 161,700 161,999 299
09 Retirement (930,604) (972,690) (42,086)
26 St Pk Bond-1988 (177,000) (171,999) 5,001
FUND DESCRIPTION FROM
-0- TO
500)
442
(1 VARIANCE
(1,442,500)
27 Section 108 336)
839
(1 ,
,
(396,836) 1,442,500
28 HUD ,
,
754,000)
(2 (1,394,000) 1,356,000
29
31 FAU
Transportation ,
773,410 1,087,345 313,935
32 Prop "A^ (773 4101 (1 087 3451 (313 935
TOTAL (1,746,889) 1,746,889 0
PASSED, APPROVED, AND ADOPTED this 19th of March 1991.
ATTEST:
CITY CLERK, CITY OF LYfIWOOD
MAYOR, CITY OF LY OOD
APPROVED AS TO CONTENT:
99 ~
./ t / '~
Director of Finance
_i
APPROVED AS TO FORM:
STATE OF CALIFORNIA )
ss.
COUNTY OF LOS ANGELES )
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 19th day of March by the following
vote:
AYES: COUNCILMEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NOES: NONE
ABSENT: NONE
City Clerk, Cit~f Lynwoo~
r
STATE OF CALIFORNIA )
ss.
COUNTY OF LOS ANGELES )
I, 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 correct copy of
Resolution No. 91-42on file in my office and that said
resolution was adopted on the date and by the vote therein
stated.
Dated this 21st day of March , 1991.
~~~~~
City Clerk