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HomeMy WebLinkAboutReso 92-306 - Adopting & Approving the 1992-93 Annual Budget! r RESOLUTION NO. '?2 -30 & ! A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ADOPTING AND APPROVING THE 1992-93 ANNUAL BUDGET. WHEREAS, proposed budget requests have been submitted to the j City Manager by all Department Heads of the City; and WHEREAS, such requests and all sources of revenue have been ii studied by the City Manager and the Director of Finance; and WHEREAS, the City Manager has submitted a proposed budget which was balanced and prudent; and WHEREAS, the City Council has held budget hearings and solicited the public ' s input; and WHEREAS, the City Council has amended the proposed budget to better serve the City of Redding; and 'I WHEREAS, the City Manager and Director of Finance recommend that the City Council adopt the 1992-93 Annual Budget, as amended; and WHEREAS, it has been determined that this matter is not subject to the provisions of the California Environmental Quality Act; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows : 1 . That the foregoing recitals are true and correct. 2 . That it is deemed to be in the best interests of the City of Redding to adopt and approve the budget appropriations contained in the 1992-93 Annual Budget at this time. 3 . That the budget appropriations referred to hereinabove are as set forth in the proposed budget for fiscal year 1992-93, as amended by Exhibit A, attached hereto and incorporated herein by reference as though fully set forth at this point, and that said budget appropriations are hereby approved as the annual budget for the City of Redding for fiscal year 1992-93 . 4 . That the City Council hereby declares its intention to undertake tax-exempt financing to pay the costs of, or to reimburse itself or any other local, state, or federal agency, for costs incurred for any capital improvement projects or other expenditures r' under the jurisdiction of the City of Redding related to capital expenditures with respect to fiscal year 1992-93, including repair O or replacement of facilities and capital improvements, subject to i the final approval of the terms and conditions of such tax-exempt financing at a subsequent meeting of the City Council of the City of Redding. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 7th day of July , 1992 , and was duly adopted at said meeting by the following vote: AYES : COUNCIL MEMBERS : Anderson, Arness, Dahl, Kehoe & Moss NOES : COUNCIL MEMBERS : None ABSENT: COUNCIL MEMBERS : TJone ABSTAIN: COUNCIL MEMBERS : None CHARLIE MOSS, Mayor City of Redding ATTEST: FORM APPROVED: I d CONNIE ST OHMAYER, ty erk R DALL A. HAYS, C ' y Attorney EXHIBIT A AMENDMENTS TO THE 1992-93 PROPOSED BUDGET II SUMMARY OF AMENDMENTS TO EXPENDITURE ACCOUNTS Account Proposed Budget Adopted Budget 111-401-00-2162 $ -0- $ 500 111-402-00-2162 8,910 8,410 111-421-00-2162 510 2, 390 111-518-00-4259 -0- 90,000 111-503-00-1810 ( 291,500) ( 171,500) 111-610-00-4254 -0- 86,000 111-000-00-0000 350,000 446,000 134-822-00-4255 -0- 16, 125 134-822-00-2291 122,000 123, 875 128-563-00-4256 -0- 25,000 128-563-00-4257 -0- 50,000 128-563-00-4258 -0- 50,000 111-610-00-4261 -0- 6,000 111-462-00-0125 139,670 58,470 111-442-00-0111 3,202,730 3,033,490 111-442-00-0125 96,610 90, 310 111-442-00-0175 740,100 701,615 111-442-00-0173 487,530 449,044 111-442-00-0151 5,000 15, 115 111-442-00-0179 -0- 30,900 111-442-00-5007 142,900 133, 900 I 111-401-00-2673 23,970 13,470 111-427-00-2564 -0- 150,000 191-994-00-1967 -0- 3 ,900 191-994-00-1990 -0- 146, 400 I I I i I 1 SUMMARY OF AMENDMENTS TO REVENUE ACCOUNTS Account Proposed Budget Adopted Budget 111-444-06-5200 E 85,700 $ -0- 111-516-05-5004 75,000 175,000 111-518-06-2700 78, 000 -0- 111-518-06-4200 75,000 -0- 128-563-06-4200 -0- 105,000 111-518-06-5700 -0- 90, 000 111-610-07-2000 -0- 86,000 143-860-01-5110 3 ,975,000 4, 300,000 143-860-01-5120 185,000 200,000 I 111-42.7-05-5015 ( 277,000) ( 295,000) 134-822-05-5041 342,000 360,000 111-427-07-9100 43,800 74, 500 i 111-427-07-2000 -0- 40,000 !� 111-427-02-1300 12,022,000 11, 564 ,000 1 'I I I i I