R-245
RESOLUTION NO. ~
(Parking Authority Series)
A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA
APPROVING ITS BUDGET FOR THE FISCAL YEAR 2006-07
WHEREAS, the proposed budget for the fiscal year 2006-07 was submitted to
the Parking Authority not less than thirty-five (35) days prior to July 1, 2006; 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 heari ng, 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, 2006-07"
(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 and Supplies and Expenses (including Capital Outlay)
major expenditure categories, 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 Chief
Financial Officer 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 of the fiscal year
2005-06 Capital Improvements budget in an amount not to exceed $6,378,801.
SECTION 4. The Secretary 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:
ority
Adopted and approved this 20th day of June, 2006.
~~~
Robert -r: Holbrook, Chair
I hereby certify that the foregoing Resolution No. 245 (PAS) was duly adopted at
a joint meeting of the Santa Monica City Council and the Parking Authority Series held
on the 20th day of June, 2006, by the following vote:
Ayes:
Agency members:
Genser, Katz, McKeown, O'Connor,
Chair Holbrook, Chair Pro Tem Shriver
Noes:
Agency members:
None
Abstain:
Agency members:
None
Absent:
Agency members:
Bloom
ATTEST:
Maria M. Stewart, P\ ency Secretary