Resolution - 5736RESOLUTION NO. 5736
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WEST COVINA, CALIFORNIA, ADOPTING THE BUDGET AND
APPROVING THE APPROPRIATIONS FOR THE FISCAL YEAR
COMMENCING JULY 1, 1978, AND ENDING JUNE 30, 1979.
The City Council of.the City of West Covina does resolve
• as follows:
SECTION 1. The budget for the City of West Covina for the
fiscal year commencing July 1, 1978 and ending June 30, 1979, as prepared
and submitted by the City Manager and as modified by the City Council, is
hereby approved and adopted as the budget of the City of West Covina for
said fiscal year. A copy of said budget is hereby ordered filed in the
office of the City Clerk and shall be certified by the City Clerk as having
been adopted by this resolution.
SECTION 2. From the effective date of said budget the total
amount as stated therein for each departmental activity account in the
Operating Budget shall be and is appropriated subject to expenditure pur-
suant to all applicable ordinances of the City and the statutes of the
State. An appropriation may be reallocated from one departmental activity
account to another with the Operating Budget upon recommendation of the
Controller and approval of the City Manager, providing there is no change
in the total appropriations within any fund as authorized by the City
Council.
SECTION 3. From the effective date of said budget the total
amount as stated therein for each project in the Capital Budget shall be
and is appropriated, subject to expenditures pursuant to the specific,
prior approval of the City Council and all applicable ordinances of the
City and statutes of the State. Appropriations may be reallocated within
the Capital Budget upon the recommendation of the City Manager and prior
approval of the City Council.
SECTION 4. At the close of the fiscal year unexpended
appropriations in the Operating Budget will be encumbered as necessary
to underwrite the expense of outstanding purchase commitments. Unexpended
appropriations for authorized but uncompleted projects in the Capital
Budget as approved by the City Council may be carried forward to the next
succeeding budget upon recommendation of the Controller and approval of
the City Manager.
SECTION 5. Total appropriations within funds may be in-
creased or decreased only by amendment of the budget by motion of the
City Council.
SECTION 6. The City Clerk shall certify to the adoption
of this resolution.
APPROVED:".AND.:ADOPTED,this 20th,"da.y.:of July ,
1978. -
Mayor
ATTEST:
all
City Clerk
I HEREBY CERTIFY that the foregoing Resolution No. 5736
was duly adopted by the City Council of the City of West Covina at an adjourned
• regular meeting thereof held on the 2 Ot h day of July ,
197.8 by the following vote of the Council:
AYES: Councilmen: Miller, Shearer, Browne, Chappell, Tice.
NOES: Councilmen: None
ABSENT: Councilmen: None
APPROVED AS TO FORM:
City Attorney
•
10
City Clerk
-.2 -
CITY COUNCIL Page Nine
ADOPT POLICY RE FISCAL PHILOSOPHY 7/20/78
of two to five years. The City of West Covina must, therefore,
develop a fiscal conservation plan for a period of throe years
minimum. This plan will not rely upon. -any now actions 4y the State
Legislature for this period of time. Emergency reserves, one—time
• revenues in excess of current operating -needs, and current state
surplus sharing and property tax allocations must be allocated over
this three year period in order to continue to provide basic and
high priority services to the City. Revenue sharing and BKK
Franchise Fees, while being allocated to operation in the first year,
must be specifically analyzed annually thereafter in hopes of return—
ing its utilization to capital and one—time expenditures. Existing
earmarked funds such as revenue sharing, equipment replacement, and
old street light funds will continue to be held for reanalysis of the
ongoing, badly needed capital expenditures of the City.'!
Mr. Fast:
Mr. Mayor, if in fact that is the general
basis on which the Council is intending to
adopt this budget, and it certainly is on
the basis on which staff has presented all the recommendations in
the past three meetings and.this evening, I would hope that Council
could by action adopt it so we will have a basic policy'statement
from the legislative body for purposes of sharing, guiding for the
planning and be the Council's statement as to how we will be
approaching our fiscal planning for the next three years.
Motion by Shearer to approve the Fiscal
Philosophy Statement; seconded by Chappell and carried.'
f) APPROVE REVENUE
SHARING EXPENDITURES
• RESOLUTION NO. 5735 The City Manager presented:
ADOPTED A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF WEST COVINA, CALIFORNIA, MAKING
AN APPROPRIATION AND AUTHORIZING THE
EXPENDITURE OF REVENUE SHARING FUNDS.
Motion by Chappell to waive full reading
of resolution and adopt; seconded by Shearer and carried on roll
call vote:
AYES: Shearer, Browne, Chappell, Tice.
Noes: Miller
g) APPROVE 1978-79
OPERATING BUDGET
RESOLUTION NO. 5736 The City Manager presented.
ADOPTED A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF WEST COVINA, CALIFORNIA, ADOPT—
ING THE BUDGET AND APPROVING THE APPRO—
PRIATIONS FOR THE FISCAL YEAR COMMENCING
JULY 19 1978, and ENDING JUNE 30, 1979.
Motion by Chappell to waive full reading
of said resolution and adopt; seconded by Browne and carried on
roll call vote:
AYES: Miller, Shearer, Browne, Chappell, Tice
NOES: None