R-9775
F: Final Changes\srgannap-AttachmentC.doc
Council Meeting: June 18, 2002
Santa Monica, California
RESOLUTION NO. 9775 (CCS)
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA MONICA APPROPRIATING FISCAL YEAR 2001-02
FUNDS TO GANN'ED RESERVE AND/OR DESIGNATED
BALANCE SHEET ACCOUNTS
WHEREAS, under the provisions of Article XIIIB of the California
Constitution, a city is authorized to appropriate to a Gann'ed reserve and/or
designated balance sheet accounts the difference between actual spending
subject to the Gann Appropriations Limit and the City's Gann Appropriations Limit
for that fiscal year; and
WHEREAS, appropriating available funds to Gann'ed reserve and/or
designated balance sheet accounts is in the public interest because
establishment of Gann'ed reserve and/or designated balance sheet accounts
increases the ability of the City Council to respond to the service needs of the
citizens of the City of Santa Monica
NOW, THEREFORE, THE CITY COUNCil OF THE CITY OF SANTA
MONICA DOES RESOLVE AS FOllOWS;
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SECTION 1. All Fiscal Year 2001-02 General Fund, Parks and Recreation
Fund, and TORCA Fund appropriations, exclusive of Federal or State grant
appropriations, shall be adjusted to actuals as determined by the City's annual
financial audit as set forth in the City's Fiscal Year 2001-02 Comprehensive
Annual Financial Report, and the difference between the lesser of $246,369,140
or actual expenditures and encumbrances subject to limitation as determined by
the City's annual financial audit as set forth in the City's Fiscal Year 2001-02
Comprehensive Annual Financial Report for these Funds and the City's Fiscal
Year 2001-02 Gann Appropriations Limit, to the extend funds are available, is
hereby appropriated to reserve and/or designated balance sheet accounts in
these respective Funds.
SECTION 2. The City Clerk shall certify to the adoption of this Resolution,
and thenceforth and thereafter the same shall be in full force and effect.
APPROVED AS TO FORM:
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Adopted and approved this 18th day of June, 2002.
I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby
certify that the foregoing Resolution No. 9775 (CCS) was duly adopted at a
meeting of the Santa Monica City Council held on the 18th of June, 2002, by the
following vote:
Ayes: Council members:
Holbrook, O'Connor, Bloom, Genser, Katz,
Mayor Pro Tern McKeown, Mayor Feinstein
Noes: Council members:
None
Abstain: Council members:
None
Absent: Council members:
None
Maria Stewart, City Clerk\