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HomeMy WebLinkAboutCC RES 03-098RESOLUTION NO. 03-98 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2002-2003 BUDGET AS A RESULT OF YEAR-END ADJUSTMENTS. WHEREAS, as a result of a Year -End review of the budget, it is desirable to revise the 2002-03 Budget; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 2002-03 Budget is hereby revised as follows: 1. The amounts shown in the column entitled "Revised Appropriations" in the table entitled "City of Palm Desert, Year -End 2002-03 Budget Review, Revised Appropriations Operating Budget", attached hereto as Exhibit "A", are hereby appropriated to the departments, activities and projects identified therein as the Operating Budget for 2002-03. 2. The amounts shown in the column entitled "Revised Estimated Revenue" in the table entitled "City of Palm Desert, Year -End 2002-03 Budget Review, Revised Estimated Revenues", attached hereto as Exhibit "B", are hereby accepted as the Estimated Revenues for the 2002-03 Fiscal Year for each fund and revenue source. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 11 th day of September, 2003, by the following vote, to wit: AYES: CRITES, FERGUSON, KELLY, SPIEGEL, BENSON NOES: NONE ABSENT: NONE ABSTAIN: NONE AN BENSON; iGIAYOR ATTEST: SS RACHELLE D. KLASSEN,CITY CLERK CITY OF PALM DESERT, CALIFORNIA RES: 03- 98 Exhibit "A" FUND/ DEPARTMENT GENERAL FUND CITY OF PALM DESERT YEAR-END 2002-03 BUDGET REVIEW REVISED APPROPRIATIONS OPERATING BUDGET REVISED CHANGE APPROPRIATIONS INC/(DEC) General Services 496,200 96,000 Insurance 800,600 300,000 Curb & Gutter 122,100 815 Striping 88,300 13,300 Contributions 553,300 17,664 Community Promotions 1,731,577 (300,000) Comm. Services-Admin. 1,123,180 (300,000) GENERAL FUND EXPENSE- NET CHANGE $(172,221) RES: 03- 98 Exhibit "A" FUND/ DEPARTMENT CITY OF PALM DESERT YEAR-END 2002-03 BUDGET REVIEW REVISED APPROPRIATIONS OPERATING BUDGET REVISED CHANGE APPROPRIATIONS INC/(DEC) Other Funds: Gas Tax 1,072,727 82,000 El Paseo Merchants 199,566 16,566 Housing Mitigation 167,500 133,500