R-7448
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council Meeting: June 16, 1987
RESOLUTION NO. 7448(CCS)
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 1987-88
WHEREAS, the proposed budget for the fiscal year
1987-1988 was submitted to the city Council thirty-five (35) days
prior to July 1, 1987; and
WHEREAS, the City Council 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 City council
considered further its proposed budget,
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA
MONICA RESOLVES AS FOLLOWS:
SECTION 1. That the budget for the fiscal year 1987-88,
as submitted by the city Manager and revised by the City Council,
which budget is entitled "city of Santa Monica, Proposed Budget,
1987-8811, a copy of which budget is attached hereto, is hereby
approved and adopted. In adopting said budget, the city council
intends to, and by this section does, adopt and approve the total
operating
appropriation
for
each
departmental
and
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non-departmental operating budget, consisting of Salaries and
Wages, Supplies and Expense, and Capital Outlay major expenditure
categories, each program category of the capital improvements
budget, and the revenue detail, and does authorize the city
Manager to allot by major expenditure category as appropriated.
SECTION
2.
That in adopting said budget, the City
council does hereby reappropriate the unencumbered balances and
unexpended encumbrances of the 1986-1987 Capital Improvements
Budget in an amount of not to exceed $19,923,567 from the General
Fund "Gannedlt reserve account and not to exceed $39,600 from the
Recreation and Parks Fund ttGannedn reserve account, and not to
exceed the amounts from the 1986-87 Capital Improvements Budget
unencumbered balances and unexpended encumbrances for the
respective funds:
Fund
Reappropriation
Amount Not to Exceed
Beach
pier
$ 250,313
1,442,000
1,236,238
5,059,428
466,950
4,616,157
4,017,820
5,036,172
83,645
171,350
Miscellaneous Grants
CDBG
water
Refuse
Redevelopment
Sewer
Civic Auditorium
cemetery
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Airport
Airport Special
7,259,467
1,601,595
Transportation
3,849,559
Gas Tax
2,984,302
TORCA
450,000
Parking Authority
Housing Authority
572,406
120,000
SECTION 3. That the budget of the Redevelopment Agency
has been reviewed by the city council and is hereby approved and
adopted.
SECTION 4. That a certified copy of said budget be
filed with the Director of Finance/city Controller and with the
city Clerk and certified copies of said budget be reproduced and
made available for use as directed by section 1505 of the Charter
of said city.
SECTION
5.
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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ROBERT M. MYERS - ()
City Attorney
(resobud)
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I hereby certify that
une, 1987.
Adopted and appro
Mayor
Resolution No. 7448(CCS)
was duly adopted by the City Council of the City of Santa Monica
at a meeting thereof held on June 16, 1987 by the following
Council vote:
Ayes: Councilmembers: Finkel, Jennings A. Katz, H.
Ka tz , Zane, Mayor Conn
Noes: Councilmembers: Reed
Abstain: Councilmembers: None
Absent: Councilmembers: None
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· Ac~CI.erk