Resolution - 2017-74ATTEST
RESOLUTION NO. 2017-74
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 (Annual BICEP Premium)
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 June 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 Adjustment No. 011 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 18th day of July, 2017.
Corey rshaw
Mayor
APPROVED AS TO FORM
/4114 —4(4) Kimberly Hall Barlow
City Attorney
AYES:
NOES:
ABSENT:
ABSTAIN:
Johnson, Spence, Toma, Wu, Warshaw
None
None
None
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 18 th day of July, 2017
by the following vote of the City Council:
Exhibit No. 1
BA # 011
CITY OF WEST COVINA Posted By:
BUDGET AMENDMENT Date Posted:
Date:
Requested by:
Dept/Div:
EXPENDITURES
Account Number
7/18/2017
Eva Sahagun
Human Resources
Dept/Account Description
Fiscal Year: 2017-18
Amount: 216,552.00
Description: BICEP Invoice
Proposed
Current Budget Amendment Amended Budget
361.15.1520.6411 Insurance 633,312.00 216,552.00 849,864.00
REVENUES
Account Number Account Description Current Budget —
' Proposed
Amendment Amended Budget
-
-
-
-
REASON/JUSTIFICATION (Please be specific)
To appropriate expenditures for the annual BICEP premium invoice related to General Liability fund.
APPROVALS
City Council Approval Date (IF required, attach minutes): 7/18/2017 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 o Denied