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Resolution Number 07-06-05-01RESOLUTION NO. 07-06-05,01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA ADOPTING THE FISCAL YEAR 2007/2008 OPERATING BUDGET AND AUTHORIZING EXPENDITURES AND APPROPRIATIONS RELATED THERETO WHEREAS, the City Council of the City of San Juan Capistrano held a public hearing to consider the proposed Fiscal Program and Budget beginning July 1, 2007, and ending June 30, 2008; and, WHEREAS, the proposed FY 2007/2008 Budget is the basis for the financial and economic implementation of the City's General Plan; and, WHEREAS, the proposed Operating Budget provides for service levels necessaryto respond to the needs of the community (excluding capital improvements) and which are deemed appropriate by the City Council, and concurrently provides a work force to fill these service needs; WHEREAS, the City Council has adopted goals and priorities for the coming year and intends to use the proposed Operating Budget as a guide for the allocation of ' resources to meet these priorities; and, WHEREAS, the City Council recognizes that the proposed Operating Budget will require adjustments from time to time, and accordingly, the City Manager is authorized to execute necessary transfers to carry out the scope of services as approved. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano, as follows: 1. That the proposed FY 2007/2008 Operating Budget in accordance with Exhibit A attached hereto and incorporated by reference herein for a total appropriation amount of $56,972,140 and as detailed in the Budget Document on file with the City Clerk's Office entitled "City of San Juan Capistrano Budget - FY 2007/2008 is hereby adopted as the Operating Budget for the City of San Juan Capistrano for FY 2007/2008. 2. That the amounts reflected as estimated revenues and transfers in for FY 2007/2008 as shown in Exhibit A are hereby adopted as budgeted revenues for FY 2007/2008. 3. That the amounts reflected as proposed expenditures and transfers out for FY 2007/2008 as shown in Exhibit A are hereby appropriated to the department and/or fund for which they are designated and such appropriation shall not be increased except as ' provided herein. Page 1 of 2 06/05/2007 4. That total appropriations for each fund may only be increased or decreased by the City Council by amending the budget except as provided herein. 5. That the legal level of budgetary control is the fund level. Budgets may not legally be exceeded at the fund level without appropriate authorization by the City Council. 6. That the following controls are hereby placed on the use and transfers of budgeted funds: a. The City Manager may authorize all transfers of funds from account to account within any department. b. The City Manager may authorize all transfers of funds from department to department within any fund. C. The City Manager may delegate the authority to make budget transfers and adjustments. d. The City Manager may authorize budget adjustments involving offsetting revenues and expenditures; the City Manager may authorize increases in an appropriation for a specific purpose where the appropriation is offset by unbudgeted revenues, which is designated for said specific purpose. 7. That all appropriations in the Operating Budget for projects currently underway and remaining unexpended at June 30, 2007, as approved by the City Manager or his designee, are hereby appropriated to the FY 2007/2008 Operating Budget. 8. That all appropriations for outstanding encumbrances as of June 30, 2007 are hereby continued into 2007/2008 for such contracts and obligations. -� rr �---• rr � rr �rrr+• rr .. - �� Page 2 of 2 06/05/2007 F I /R Cry9p RS yy�"C pC e�Qy qR bGS;E !! .! |§ |( !§§ ; • ! ! ©c 4R�43 !, ® RR 9#Ra§! !§•; !! .! |§ |( !§§ 7! � g� - R§ � ! / |) STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 07-06-05-01 was duly adopted by the City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 5"' day of June 2007, by the following vote: AYE/CIL MEMBERS: Nielsen, Uso, Hribar, Soto and Mayor Allevato NOES: 7INCIL CIL MEMBER: None ABS T: MEMBER: None