R-244
RESOLUTION NO. ~ (PAS)
(Parking Authority Series)
A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA
APPROVING ITS BUDGET FOR THE FISCAL YEAR 2005-06
WHEREAS, the proposed budget for the fiscal year 2005-06 was submitted to
the Parking Authority not less than thirty-five (35) days prior to July 1, 2005; and
WHEREAS, the Parking Authority held a public hearing on said budget after a
notice of said budget hearing was published not less than ten (10) days prior thereto; and
WHEREAS, after said public hearing, the Parking Authority considered further
its proposed budget,
NOW THEREFORE, THE PARKING AUTHORITY OF THE CITY OF SANTA
MONICA RESOLVES AS FOllOWS:
SECTION 1. The budget as submitted by the Executive Director and revised
by the Parking Authority, entitled "City of Santa Monica, Proposed Budget, 2005-06"
(Budget), is hereby approved and adopted. In adopting the Budget, the Parking Authority
intends to, and by this Section does, adopt and approve the total operating appropriation,
consisting of Salaries and Wages, Supplies and Expenses, and Capital Outlay major
expenditure categories, each program category of the Capital Improvements budget, and
the revenue detail. The Executive Director is authorized to allot as appropriated. A copy of
the Budget is attached hereto as Exhibit A.
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SECTION 2. A certified copy of the Budget shall be filed with the Director of
Finance/City Treasurer and with the City Clerk, and certified copies of the Budget shall be
reproduced and made available for use as directed by Section 1505 of the Charter of said
City.
SECTION 3. In adopting the Budget, the Parking Authority does hereby re-
appropriate the unencumbered balances and unexpended encumbrances ofthe fiscal year
2004-05 Capital Improvements budget in an amount not to exceed $3,012,383.
SECTION 4. The Secretary shall certify to the adoption ofthis 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 21st day of June 2005.
Pam O'Connor, Chair
I hereby certify that the foregoing Resolution No. 244 (PAS) was duly adopted at
a joint meeting of the Santa Monica City Council and the Parking Authority held on the
21st day of June 2005, by the following vote:
Ayes: Authority Members:
Bloom, Genser, Holbrook, McKeown, Shriver,
Chair Pro Tem Katz, Chair O'Connor
Noes: Authority Members:
None
Abstain: Authority Members:
None
Absent: Authority Members:
None
ATTEST:
~~I\ ~..-:~
Maria M. Stewart, Aut onty Secretary
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