R-9417
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ATTACHMENT C
FIN CMO sd/srgannap
Council Meeting June 22, 1999
Santa MOnica, California
RESOLUTION NO. 9417
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA MONICA APPROPRIATING FISCAL YEAR 1998-99
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
Appropnatlons Limit and the City's Gann Appropnatlons Limit for that fiscal year, and
WHEREAS, appropriatIng available funds to Gann'ed reserve and/or
designated balance sheet accounts IS m 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 1998-99 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 1998-99 Comprehensive Annual Financial
Report, and the difference between the lesser of $13,478,692 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 1998-99 ComprehensIve Annual Financial
Report for these Funds and the City's Fiscal Year 1998-99 Gann Approprratlons 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
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MARSHA JOKES MOUTRIE
City Attorney
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Adopted and approved this 22nd of June, 1999
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l Pam O'Connor, Mayor
I, Marra M Stewart, CIty Clerk of the City of Santa MOnica, do hereby certify that
the foregoing ResolutIOn 9417(CCS) was duly adopted at a meeting of the Santa
MOnica City Council held on the 22nd of June, 1999, by the follOWing vote
Ayes Council members
Feinstein, Holbrook, McKeown, Rosenstein,
Bloom, Mayor Pro Tem Genser,
Mayor O'Connor
Noes Coun~lmembeffi
None
Abstain Council members
None
Absent Council members
None
ATTEST
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Mana M Stewart, City Clerk