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R-7558 e e FD:CMD:aks:midcreso council Meeting: February 9, 1988 Santa Monica, California RESOLUTION NO. 7558(CCS} (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA AMENDING THE BUDGET FOR THE FISCAL YEAR 1987-88 WHEREAS, the Ci ty Council adopted the annual budget for fiscal year 1987-88 on June 16, 1987; and WHEREAS, the City Manager conducted a mid-year review during January 1988; and WHEREAS, the City Charter Section 1506 authorizes the City council to amend the budget by motion adopted by the affirmative votes of at least five Council members; NOW I THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The budget for fiscal year 1987-88 is hereby amended by the revenue estimate adjustments detailed in Exhibit A. SECTION 2. The budget for the fiscal year 1987-88 is hereby amended by the appropriation increases and reductions detailed in Exhibit B. - 1 - e e SECTION 3 ~ The budget for fiscal year 1987-88 is hereby amended by the transfers wi thin funds in departments which are detailed in Exhibit c. SECTION 4. 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: ~ M.. ~~.._~ Robert M. Myers 0 ---. city Attorney - 2 - . . Adopted and approved this 16th day of February, 1988. A c- I hereby certify that the foregoing g- Mayor Resolution No. 7S58(CCS) was duly adopted by the City Council of the city of Santa Monica at a meeting thereof held on February 16, 1988 by the following Council vote: Ayes: Councilmembers: Finkel, A. Katz, H. Katz, Reed, Zane, Mayor Conn Noes: Councilmembers: None Abstain: Councilmembers: None Absent: Councilmembers: Jennings ATTEST: -~ - "- "::" -- ---. - - ~ ~-\~"' -- --- . - I _ ~ -- - / - ~ ~ ~ (J - 'D~r A~hif c~_~:~_r~~__~ ~ -~