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RESOLUTION NO. 2023-PA_______
A RESOLUTION OF THE BOARD OF THE CULVER CITY
PARKING AUTHORITY, APPROVING THE PARKING
AUTHORITY BUDGET FOR THE FISCAL YEAR 2023-2024.
WHEREAS, on May 8, 2023, staff presented the proposed Annual Parking Authority budget for Fiscal Year 2023-2024 to the Parking Authority Board; and WHEREAS, a public hearing on the Parking Authority budget was duly held at the regular meeting of the Parking Authority on Monday, June 12, 2023; and WHEREAS, the budget includes funding for Parking Authority administration, programs, and projects; and
WHEREAS, the proposed budget appropriates funds for expenditures totaling approximately $3,303,600 in Fiscal Year 2023-2024 for Parking Authority operations.
NOW, THEREFORE, the Parking Authority Board DOES HEREBY RESOLVE as follows:
1. The proposed 2023-2024 budget, included in the "City of Culver City Proposed Fiscal Year 2023-2024 Budget" on file with the Parking Authority Secretary, as amended by Exhibit "A", attached thereto and incorporated herein, is hereby adopted as the Culver City Parking Authority Budget for Fiscal Year 2023-2024.
2. Work programs in the published adopted budget may be revised, if necessary, to reflect updates and direction from the Parking Authority Board on June 12, 2023.
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3. The adopted budget shall be administered in accordance with the guidelines contained in the City of Culver City’s Budget Development and Administration Policy. The City Manager or his/her designee shall be given authority to approve appropriations as outlined in the aforementioned Policy.
APPROVED and ADOPTED this day of , 2023.
ALBERT VERA, Mayor
City of Culver City, California
ATTEST: APPROVED AS TO FORM:
JEREMY BOCCHINO, City Clerk HEATHER BAKER, Parking Authority General Counsel