HomeMy WebLinkAboutReso 96-051 - COR Adopting Policy No. 417: Supplemental Budget Appropriations _4 ,.
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RESOLUTION NO. 96-�
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF REDDING ADOPTING POLICY NO. 417:
SUPPLEMENTAL BUDGET APPROPRIATIONS.
WHEREAS, the City Council of the City of Redding is charged with the responsibility of
establishing municipal policies to guide the various functions of the City and, where necessary, to
establish procedures by which functions are performed; and
WHEREAS, departments are authorized to make budget expenditures up to the amounts
appropriated by the City Council; and
WHEREAS, at the present time, if an expenditure is anticipated to exceed the amount
appropriated, the applicable department must seek a supplemental appropriation from the City Council;
and
WHEREAS, there are times when additional expenditures result in an equivalent amount of
additional revenue (i.e., donations, grants, and mutual aid to other jurisdictions that is reimbursable);
and
WHEREAS, in these instances, where there is no net impact to the City's budget, it would be
more efficient for the City Manager to amend the budget accordingly; and
WHEREAS, the City Council wishes to establish a formal policy authorizing the City Manager
to amend the budget in those instances where an increase in expenditures will be completely offset by
the amount of revenue to be generated as a result of that increase;
NOW, THEREFORE, IT IS RESOLVED that the City Council adopts Council Policy No.
417 entitled Supplemental Budget Appropriations, to be incorporated in the Council Policy Manual. A
copy of the Policy is attached hereto and made a part hereof.
I HEREBY CERTIFY that the foregoing resolution was introduced, read and adopted at a
regular meeting of the City Council on the I9th day of tKarch , 1996, by the following vote:
AYES: COUNCIL MEMBERS: P. Anderson, R. Anderson, McGeorge, Murray and Kehoe
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
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DAVID . HOE, M or
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A'i EST: F ,M/� PIjA D:
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Cl7�TN,"� S�'ROHMA R, City Clerk W. LEONARD GATE, City Attorney
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CITY OF REDD/NG, CALIFORN/A
Council Policy
SUBJECT Resolution Policy Effective
Number Number Date Page
Supplemental Budget Appropriations 96-51 4 l 7 1
Background
Departments are authorized to make expenditures up to the amount appropriated by the City
Council. If expenditures are anticipated to exceed to amount appropriated, departments must
seek a supplemental appropriation from the City Council. There are times, however, when
additional expenditures result in an equivalent amount of additional revenue (examples
include donations, grants, and mutual aid to other jurisdictions that is reimbursable). In these
instances, there is no net impact to the City's budget. Under these circumstances, it would
be more efficient for the City Manager to amend the budget so long as the increase in
expenditures will not exceed the amount of revenue to be generated.
Purpose
The purpose of this policy is to authorize the City Manager to amend the budget in those
instances where an increase in expenditures will be completely offset by the amount of
revenue to be generated as a result of that increase.
Policy
It is the policy of the City Council of the City of Redding to authorize the City Manger to
amend the budget in those instances where an increase in expenditures will be completely
offset by the amount of revenue to be generated as a result of that increase.
Procedure
Budget amendments such as those described above shall be approved in the same manner as
appropriation transfer requests (reference Council Policy 401).
F-0091 -7/93