HomeMy WebLinkAbout024-02RESOLUTION NO. 24-2002
APPROVING THE MID-YEAR ADJUSTMENTS TO THE
FISCAL YEAR 2001-02 FINANCIAL PLAN
WHEREAS, all revenue and expenditure projections which were made in preparing the Fiscal
Year 2001-02 Financial Plan have been reviewed; and
WHEREAS, mid-year adjustments to the 2001-02 Financial Plan are recommended to continue
balancing expenditures with available revenues:
· $43,206 of CLEEP grant funds from the State of California recognized as revenue in the
General Fund and appropriated for expenditure on law enforcement equipment accordingto
the requirements of the grant;
· An increase of $2,700 to the salaries and benefits expenditures in the Parks and Recreation
Sports and Fitness program;
· $180,500 transferred from the Building and Planning Special Revenue Fund to the General
Fund;
· A reduction of $85,000 to the salary and benefits expenditures in the Building and Planning
Program of the General Fund;
· An increase of $42,500 to the contract inspection expenditures in the Building Inspection
Program of the General Fund;
· An increase of $223,000 to the contract plan check expenditures in the Building Inspection
Program of the General Fund;
· A transfer of $40,000 from the General Fund to the LLAD Special Revenue fund to cover
street light electrical utility expenditures;
· An increase of $210,000 to plan check and inspection fee revenues in the Building and
Planning Special Revenue Fund.
WHEREAS, sufficient funding is available in these funds; now, therefore, be it
RESOLVED, that the Danville Town Council approve the mid-year adjustments to the fiscal
year 2001-02 Financial Plan.
APPROVED, by the Danville Town Council at a regulm: meeting held on February 19, 2002, by
the following vote:
AYES:
NOES: None
ABSTAINED: None
ABSENT: None
Waldo, Arnerich, Doyle, Greenberg, Shimansky
MAYOR
APP ROVE D-A S ~O~,RM:
CITY ATTORNEY
CITY CLERK