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Resolution - 2017-16Nilekolds-S:Lewis City Clerk__ RESOLUTION NO. 2017-16 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ADOPTING A BUDGET AMENDMENT FOR THE FISCAL YEAR COMMENCING JULY 1, 2016 AND ENDING JUNE 30, 2017 WHEREAS, the City Manager, on or about June 21, 2016, submitted to the City Council a proposed budget for the appropriation and expenditure of funds for the City for West Covina for Fiscal Year 2016-17; and WHEREAS, following duly given notice and prior to budget adoption, the City Council held a public meeting on June 21, 2016 and July 5, 2016, receiving, considering and evaluating all comments, and adopted a budget for the fiscal year commencing July 1, 2016 and ending July 30, 2017; 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 Adjustment No. 111 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 this 4th day of April, 2017. Corey W,afshaw Mayor APPROVED AS TO FORM Kirriberly ElallyBarlow City Attorney ATTEST Nickol,a-s- S. Lewis' City Clerk 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 4th day of April, 2017 by the following vote of the City Council: AYES: NOES: ABSENT: ABSTAIN: Johnson, Toma, Wu, Spence None Warshaw None EXHIBIT 1 BA # 111 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: 1 Date: Requested by: Dept/Div: EXPENDITURES Account Number (15501.140.7200) 140.85.8519.7200 4/4/2017 Chino Consunji Public Works Dept/Account Description Traffic Signal Improvements Fiscal Year: 2016-17 Amount: $ 165,200.00 , net zero Description: Project #TP-15501 Proposed Current Budget Amendment Amended Budget 165,200.00 165,200.00 REVENUES Account Number Account Description Current Budget — Proposed Amendment ' Amended Budget (15501.140.100) Federal Grants - 165,200.00 165,200.00 140.41.4551 , - _ _ REASON/JUSTIFICATION (Please be specific) To appropriate revenues and expenditures to Project No. TP-15501 for the acceptance of the Federal Highway Safety Improvement Program Local Grant, in the amount of $165,200. APPROVALS City Council Approval Date (if required, attach minutes): Dept Head Approval: Finance Director: Funds Available? 0 Yes oNo 4/4/2017 a Approval Not Required Date: Date: City Manager: Date: (if over $100,000) 0 Approved o Denied