Resolution Number CRA 07-06-05-01RESOLUTION NO. CRA 07-06-05-01
' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY ADOPTING
THE FISCAL YEAR 2007/2008 BUDGET AND AUTHORIZING
EXPENDITURES AND APPROPRIATIONS RELATED THERETO
WHEREAS, the Board of Directors of the Community Redevelopment Agency held
a public hearing to consider the proposed Fiscal Program and Budget beginning July 1,
2006, and ending June 30, 2007; and,
WHEREAS, the proposed Fiscal Year 2007/2008 Budget is the basis for the
financial and economic implementation of the Community Redevelopment Plan; and,
WHEREAS, the proposed Fiscal Year 2007/2008 Budget reflects a level of service
and work force deemed appropriate by the Agency Board of Directors; and,
WHEREAS, the Agency Board of Directors intends to use the proposed Operating
Budget as a guide for determining Agency priorities; and,
WHEREAS, the Agency Board of Directors recognized that the proposed Fiscal
Year 2007/2008 Budget will require adjustments from time to time, and accordingly, the
Agency Executive Director is authorized to execute necessary transfers to carry out the
scope of services as approved.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the San Juan
Capistrano Community Redevelopment Agency, as follows:
1. That the proposed Fiscal Year 2007/2008 Budget in accordance with Exhibit A
attached hereto and incorporated by reference herein for a total appropriation amount of
$13,962,420 and as detailed in the Community Redevelopment Agency section of the
Budget Document on file with the Agency Clerk's Office entitled "City of San Juan
Capistrano Budget -FY 2007/2008" is hereby adopted as the Operating and Capital
Improvement Budget for the San Juan Capistrano Community Redevelopment Agency for
fiscal year 2007/2008.
2. That the amounts reflected as estimated revenues 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 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.
4. 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 Agency
Board of Directors.
Page 1 of 3 06-05-2007
5. That total appropriations for each fund may only be increased or decreased by
the Agency Board of Directors by amending the budget except as provided herein.
6. That the following controls are hereby placed on the use and transfers of
budgeted funds:
a. The Executive Director may authorize all transfers of funds from
account to account within any department.
The Executive Director may authorize all transfers of funds from
department to department within any fund.
C. The Executive Director may delegate the authority to make budget
transfers and adjustments.
d. The Executive Director may authorize budget adjustments involving
offsetting revenues and expenditures; the Executive Director 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 Executive Director or his
designee, are hereby appropriated to the 2007/2008 fiscal year Operating Budget.
8. That all appropriations for outstanding encumbrances as of June 30, 2007, as
approved by the Executive Director or his designee, are hereby continued into FY
2007/2008 for such contracts and obligations.
U
PASSED, APPROVED AND ADOPTED this 5" of June 2007.
/I MARK IE SEN, tHAIRmAN
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SAN JUAN CAPISTRANO
COMMUNITY REDVELOPMENT AGENCY
TOTAL BUDGET SUMMARY -ALL FUNDS
3
FUND DETAIL STATEMENTS
EXHIBIT A
5.
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' STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Agency Secretary of the Community
Redevelopment Agency of the City of San Juan Capistrano, do hereby certify that the
foregoing Resolution No. CRA 07-06-05-01 was duly adopted by the Board of
Directors of the Community Redevelopment Agency at a regular meeting thereof, held
the 5th day of June 2007 by the following vote:
AYES: DIRECTORS: Soto, Hribar, Uso, Allevato and Chairman Nielsen
NOES l� ECTORS: None
ABS T: /R3IRECTORS: None