HomeMy WebLinkAbout03-10 RDA ResolutionRESOLUTION NO. RDA 03-10
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA
ADOPTING THE FY 2003-04 ANNUAL OPERATING BUDGET
AND ESTABLISHING CONTROLS ON CHANGES IN
APPROPRIATIONS
WHEREAS, the Board of Directors of the Redevelopment Agency of the City of
Temecula has reviewed the proposed final FY 2003-04 annual operating budget and has held
such public meetings as are necessary prior to adoption of the final operating budget.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
Redevelopment Agency of the City of Temecula as follows:
Section 1. That the FY 2003-04 RDA operating budget is hereby adopted.
Section 2. That the following controls are hereby placed on the use and transfers of
budget appropriations:
A. No expenditure of funds shall be made unless there is an unencumbered
appropriation available to cover the expenditure.
B. The Department Director may prepare a transfer of appropriations within
departmental budget accounts, with the approval of the Executive Director.
C. The Agency Members must authorize transfers (appropriations) of funds from
the Unreserved Fund Balance and transfers between departmental budget
accounts.
D. The Agency Members must authorize any increase in regular personnel
positions above the level indicated in the final budget. The Executive Director
may authorize the hiring of temporary or part time staff as necessary within
the limits imposed by the controls listed above.
E. The Executive Director may authorize expenditures of funds in amounts up to
$25,000. Any expenditure of funds in excess of $25,000 requires Agency
Member action.
F. The Executive Director may authorize Public Works contracts in amounts up
to $25,000. Any expenditure of Public Works funds in excess of $25,000
require Agency Member action, except that the Executive Director may
approve change orders on Public Works contracts approved by the Agency
Members in amounts up to project contingency established by the Agency
Members.
Section 3. Outstanding encumbrances shown on the Agency books at June 30, 2003
are hereby appropriated for such contracts or obligations for FY 2003-04.
Section 4. The Agency Secretary shall certify adoption of the resolution.
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PASSED, APPROVED AND ADOPTED, by the Board of Directors of the
Redevelopment Agency of the City of Temecula this 10th day~ ~.~ ~
~ Ron Roberts, Chairperson
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA )
I, Susan W. Jones, Secretary of the Redevelopment Agency of the City of Temecula, do
hereby certify that the foregoing Resolution No. RDA 03-10 was duly and regularly adopted by
the Board of Directors of the Redevelopment Agency of the City of Temecula at a regular
meeting thereof held on the 10th day of June 2003, by the following vote:
AYES:
5 AGENCY MEMBERS: Comerchero, Naggar, Pratt, Stone, Roberts
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
ABSTAIN: 0 AGENCY MEMBERS: None
Susan W. Jo~e{; CMC
~X~.jJ A~City Clerk
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