Resolution - 2017-95RESOLUTION NO. 2017-95
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 (SB1 Funding)
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 !. Budget Adjustment No. 040 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 19th day of September, 2017.
APPROVED AS TO FORM ATTEST
fi•acj,
Kirhberly Hall Barlow
City Attorney
lolas
City Clerk '
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 September,
2017 by the following vote of the City Council:
AYES:
NOES:
ABSENT:
ABSTAIN:
Johnson, Spence, Toma, Wu, Warshaw
None
None
None
Exhibit No. 1
BA # 040
CITY OF WEST COVINA Posted By:
BUDGET AMENDMENT Date Posted:
Date:
Requested by:
Dept/Div:
EXPENDITURES
Account Number
9/19/2017
Monica Heredia
Public Works
Dept/Account Description
Fiscal Year: 2017-18
Amount: 567,148.00
Description: 551 Funding
Proposed
Current Budget Amendment Amended Budget
110.95.9500.9160 Transfer Out 567,148.00 j 567,148.00
18033.160.7200 Residential Streets Rehab 567,148.00 567,148.00
•••
REVENUES -
Account Number Account Description Current Budget
Proposed
Amendment Amended Budget
160.00.9110 Transfer In - 567,148.00 567,148.00
-
- _
_
REASON/JUSTIFICATION (Please be specific)
To appropriate transfers out from the General Fund and transfers in to the Capital Projects Fund in the amount of
$567,148, and to appropriate expenditures in the amount of $567,148 to the Residential Streets Rehabilitation
Proiect No. SP-18033.
APPROVALS
City Council Approval Date (if required, attach minutes):
Dept Head Approval: see attached
9/19/2017 0 Approval Not Required
Date:
Finance Director:
Date:
Funds Available? 0 Yes LIN°
City Manager: see attached Date:
(if over $100,000)
ID Approved ci Denied