R-9531
ATTACHMENT C
FIN :CMD:sd/srgannap
Council Meeting: June 20, 2000
Santa Monica, California
RESOLUTION NO. 9531 (ees)
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA MONICA APPROPRIATING FISCAL YEAR 1999-00
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 spending 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 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:
-1-
SECTION 1. All Fiscal Year 1999-00 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 1999-00 Comprehensive Annual Financial
Report, and the difference between the lesser of $137,396,667 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 1999-00 Comprehensive Annual Financial
Report for these Funds and the City's Fiscal Year 1999-00 Gann Appropriations 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:
'I :
(1 ' I ~. Il ,.
I ." / \. l .. '~' 7/1,' , 'I; _. '- .;.. . .#
r .-" _'_ '-"'-' J. ,,,,- ' (. / : .\;_.J ~ L "-
MARSHA JONES MOUTRIE
City Attorney
-2-
Adopted and approved this 20th of June, 2000.
I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby
certify that the foregoing Resolution 9531 (CCS) was duly adopted at a meeting
of the Santa Monica City Council held on the 20th of June, 2000, by the
following vote:
Ayes: Council members:
Holbrook, McKeown, Feinstein, Bloom,
Mayor Pro Tem O'Connor, Mayor Genser
Noes: Council members:
None
Abstain: Council members:
None
Absent: Council members:
Rosenstein
ATTEST:
~~ F'""J:
Maria M. Stewart