R-9154
.
.
ATTACHMENT C
FIN CMD sd/srgannap
Council Meeting June 24, 1997
Santa Monica, California
RESOLUTION NO. 9154
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA MONICA APPROPRIATING FISCAL YEAR 1996-97
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 spendmg 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 mterest 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
-9-
.
.
SECTION 1 All Fiscal Year 1996-97 General Fund, Parks and Recreation
Fund, and TORCA Fund appropnatlons, 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 1996-97 Comprehensive Annual Financial
Report, and the dIfference between the lesser of $18,242,342 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 1996-97 Comprehensive Annual Financial
Report for these Funds and the City's Fiscal Year 1996-97 Gann Appropnations limit,
to the extent 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
hi lL<ALi;)y;mrfw
MARSHA JOOES MOUTRIE
City Attorney
-10-
.
.
Adopted and approved thIS 24th of June 1997
l
~of~
L Mana M Stewart, CIty Clerk of the CIty of Santa MOnIca. do hereby certIfy that the
foregomg ResolutIon 9154(CCS) was duly adopted at ameetmg of the CIty CouncIl held on the
24th of June. 1997 by the followmg vote
Ayes
CouncIlmembers
Ebner, Femstein, Genser, Greenberg, Mayor Pro Tern
Holbrook, Mayor O'Connor. Rosenstem
Noes
CouncIlmembers
None
Abstam
CouncIlmembers
None
Absent
CouncIl members
None
ATTEST
~~'l.~a-d
Mana M Stewart. c.tv CI~k
"'