RES 03004 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 03-004 RESOLUTION APPROVING THE FIRST QUARTER 2002-03 FINANCIAL REPORT WHEREAS, each quarter a report of financial condition is presented to Council which includes any staff recommendations for budget amendments and technical corrections or actions needed; and WHEREAS, staff presented to Council such a report (SR 03:009) for the first quarter of the fiscal year ending June 30, 2003; and WHEREAS, as a result of the first quarter financial reports, staff made recommendations as outlined in that report. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: Amends the Operating Budget, as detailed in appendix A to: a. Reflect the 2001-02 revenue projection can3'overs previously approved; b. Reflect the 2001-02 expenditure carryovers previously approved by Council totaling $8,689,986 and interfund transfers between replacement funds netting $0; c. Update projected beginning 2002-03 fund balances to actual (unaudited) 2001-02 ending fund balances; d. Approve the transfer of $2.5 million from the General Fund Capital Reserve to the General Fund Street CIP Fund for the City's share of the advance towards the Vineyard Corridor Phase I Infrastructure improvements; and e. Appropriate $10,650 in donations received from Library and Senior Center programs, supplies, and equipment. Section 2: Amends the CIP Budget as of the First Quarter 2002-03, as detailed in Appendix B, to reflect the 2001-02 revenue carryovers and the 2001-02 expenditure carryovers previously approved by Council, and to update projected beginning 2002-03 fund balances to actual (unaudited) 2001-02 ending fund balances. Section 3: This resolution shall become effective immediately upon its passage and adoption.