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Resolution - 2017-112Kifnberly HM1 Barlow City Attorney RESOLUTION NO. 2017-112 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ADOPTING A BUDGET AMENDMENT FOR THE FISCAL YEAR COMMENCING JULY 1, 2017, AND ENDING JUNE 30, 2018 (First Quarter Financial Report) WHEREAS, the City Manager, on or about June 22, 2017, submitted to the City Council a proposed budget for the appropriation and expenditure of funds for the City for West Covina for Fiscal Year 2017-18; and WHEREAS, following duly given notice and prior to budget adoption, the City Council held a public meeting on June 22, 2017, considering and evaluating all comments, and adopted a budget for the fiscal year commencing July 1, 2017 and ending July 30, 2018; and WHEREAS, amendments must periodically be made to the budget to conform to changed circumstances following adoption of the budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA DOES RESOLVE AS FOLLOWS: SECTION 1. Budget Amendment No. 076 is hereby approved as reflected on Exhibit No. 1, attached hereto. SECTION 2. The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED thisfl th APPROVED AS TO FORM ATTEST I, HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof on the 19 th day of December 2017 by the following vote of the City Council: AYES: NOES: AB SENT: ABSTAIN: Johnson, Spence, Toma, Wu, Warshaw None None None Exhibit No. BA # 076 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Date: Requested by: Dept/Div: EXPENDITURES Account Number 12/9/2017 Nicole Lugotoff Finance Dept/Account Description Fiscal Year: 2017-18 Amount: (84,032.00) Description: First Quarter Financial Report Proposed Current Budget Amendment Amended Budget REVENUES Account Number Account Description - Current Budget Proposed Amendment Amended Budget 110.31.4571 Crossing Guard Aid 90,000.00 (84,032.00) 5,968.00 - - REASON/JUSTIFICATION (Please be specific) To reduce crossing guard revenues. APPROVALS City Council Approval Date (if required, attach minutes): 12/9/2017 o Approval Not Required Dept Head Approval: see attached Finance Director: Funds Available? o Yes oNo Date: Date: City Manager: see attached Date: (If over $100,000) o Approved ii Denied