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HomeMy Public PortalAbout86-071 (06-30-86)RESOLUTION NO 86-71 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR 1986/87. WHEREAS, the City Manager has submitted a proposed Annual Operating and Captial Improvement Budget for the Fiscal 1986/87; and 1 ~ WHEREAS, the City Council has studied the proposed ~ Budget and approved same; and WHEREAS, the City Council has held hearings on the proposed use of Revenue Sharing Funds: NOW, THEREFORE, the City Council of the City of Lynwood DOES HEREBY RESOLVE as follows: Section 1. The Annual Operating and Capital Improvement Budget for the fiscal Year 1986/87 is hereby approved and adopted; Section 2. Authorizes the City Manager, or his designee, to approve any transfer between accounts, provided that: 1. They are within the same general group of accounts (Personnel, Operations, or Capital Outlay); 2. They are within the same fund; 3. They do not exceed $10,000 per transfer. Section 3. Funds for Capital Outlay can only be used for those items listed in the approved Capital Outlay list in the FY 1986/87 Annual Budget. _ _- Section 4. Authorizes the City Manager to designate the use of Revenue Sharing Funds for the Fire Department salaries and benefits. Section 5. This Resolution shall take effect immediately upon its adoption PASSED, APPROVED AND ADOPTED this 3Cth day of June 1986. ROBERT HENNZNG, MA CITY OF LYNWOOD ATTEST: b~i~~~i ~ , /~L~rE1- .--f~iC~ ANDREA 1. HOOPER, CITY/CLERK CITY OF LYNWOOD APPROVED AS TO FORM: City Attorney APPROVED AS TO CONTENT: Charles Gomez; City M~riager rv -i: i STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) ~, ~i~ I, the undersigned, City Clerk of the City of Lynwood, do hereby I'i 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 30th day of June 1986. AYES: COUNCILPERSON BYORK, MORRIS, THOPIPSON, WELLS, HENNING NOES: NONE ABSENT: NONE City Clerk, City of Lynwood ~ ~~ ~1 { i