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HomeMy WebLinkAboutResolution No. 4881 RESOLUTION NO. 4881 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY ADOPTING THE FISCAL YEAR 1987 -88 BUDGET WITH IMPLEMENTING DOCUMENTS WHEREAS, the City Council has given careful consideration to the proposed budget recommended by the City Manager for the fiscal year 1987 -88. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. The City Manager is hereby authorized to expend, in accordance with the laws of the State of California, the Charter of the City of Downey and its ordinances, on behalf of the City Council, an amount of $40,998,186 for the City operations detailed below and in Exhibit "A" (Budget Report - 1987 -88) and Exhibit "B" (Capital Improvement Program - 1987 -88), together with any supplemental revisions or amendments hereto authorized by the City Council: General Government $ 2,638,333 Police 10,119,648 Fire 5,816,691 Public Works 9,104,061 Community Services 4,203,042 Community Development 2,501,495 Capital Outlay - Additions 395,005 Capital Projects 6,219,911 Total $40,998,186 SECTION 2. The amount of dollars specified above is hereby appropriated from the following funds: General Fund $26,347,356 Revenue Sharing Fund 300,000 Street Lighting Fund 784,969 Gas Tax Fund 2,510,000 Sewer Connection Fund 300,000 Capital Project Fund 261,875 State Grants Fund 1,871,872 Community Development Block Grant Fund 1,372,452 Water Fund 5,369,085 Golf Course Fund 1,273,767 Transit Fund 606,810 Total $40,998,186 SECTION 3. The amount of appropriated dollars specified above includes the following inter -fund transfers: TO: General Fund 1,118,318 CATV 70,000 Capital, Project Fund 87,440 Redevelopment 327,144 FROM: Gas Tax Fund 800,000 CDBG 77,960 General Fund 484,584 Water Fund 240,358 SECTION 4. The appropriations specified above shall constitute the maximum amounts authorized for each fund. The City Manager is hereby authorized to make budgetary transfers within a fund if, in his opinion, such transfers are necessary and proper to the effective operation of the City; provided, however, that authorized manpower levels as specified in Exhibit "A" are neither increased or transferred without prior approval of the City Council. Resolution No. 4881 Page Two SECTION 5. The Administrative Services Director is hereby authorized to transfer monies between funds in such amounts and at such times during the fiscal year as he may determine necessary to the competent operation of the City; except no such transfer shall be made in contravention of State law or City ordinance or exceed in total amounts specified in Section 3. SECTION 6. That for the fiscal year ending June 30, 1988, the amount of General Fund revenues that exceed expenditures is appropriated to the Liability Reserve Account. SECTION 7. The number and classification of employees as specified in Exhibit "A" and any amendments or revisions authorized by the City Council are hereby authorized for the fiscal year. SECTION 8. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 9th day of June , 1987. � '`� Mayor Ja -s S. Santangelo, ATTEST: --;;4 offing, Ci Clerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting hereof, held on the 9th day of June , 1987, by the following vote, to wit: AYES: 5 Council Members: Boggs, Cormack, Barb, Paul, Santangelo NOES: o Council Members: None ABSENT: o Council Members: None vy 0 Jen •• o un% C i ty ^ l e k