RESOLUTION NO. R-2024-51
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PLACENTIA, CALIFORNIA AUTHORIZING A BUDGET
AMENDMENT IN FISCAL YEAR 2023-24 IN COMPLIANCE
WITH CITY CHARTER OF THE CITY OF PLACENTIA §§ 1206
AND 1209 PERTAINING TO APPROPRIATIONS FOR
ACTUAL EXPENDITURES.
A. Recitals.
(i). The adopted budget for the 2023-24 Fiscal Year sets out estimated appropriations for City expenses throughout the year.
(ii). From time to time the adopted budget must be adjusted when precise expenditures are finally determined or when estimated expenditures exceed projected costs allocated.
(iii). City Charter of the City of Placentia § 1206 authorizes the City Council to amend or supplement the budget by motion adopted by the affirmative votes of at least three members to authorize the transfer of unused balances appropriated for one purpose to another purpose, or to appropriate available revenues not included in the budget. All other legal prerequisites to the adoption of this Resolution have occurred.
B. Resolution.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLACENTIA DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS:
1. In all respects as set forth in the Recitals, Part A., of this Resolution.
2. The adopted budget for Fiscal Year 2023-24, via Resolution No. R-2023-42, is hereby amended to reflect the following expenditure of funds from the Account specified to the Account specified:
Fund
City Capital
Projects Fund
Capital Project
Fund
City Capital
Projects Fund
Description
Reimbursement
from City of
Anaheim
FY 2022-23
Roadway Rehab
Project
Reimbursement
from Fullerton
Resolution R-2024-51
Department
Public Works
Public Works
Public Works
GL Account
339800-4299
JL Amount Type
Account
331301- ($53,364.
4299 59)
Decrease
in
Revenue
339800-6740 331301- ($53,364. Decrease
6740 59) in
Expense
339800-4299 331301- ($32,602. Decrease
4299 99) in
Revenue
Capital Project
Fund
City Capital
Projects Fund
City Capital
Projects Fund
TOD Traffic
Impact Fee
TOD Traffic
Impact Fee
FY 2022-23
Roadway Rehab
Project
Reimbursement
from SiFi
FY 2022-23
Roadway Rehab
Project
TOD Traffic
Mitigation
FY 2022-23
Roadway Rehab
Project
Public Works
Public Works
Public Works
339800-6740
339800-4710
339800-6740
331301- ($32,602. Decrease
6740 99) in
Expense
331301- $7,500 Revenue
4710
331301- $7,500 Expense
6740
Public Works 709800-6747 702001- $95,578. Decrease
6741 93
Public Works 709800-6740 701301- $95,578. Increase
6740 93
3. The Mayor shall sign this resolution, and the City Clerk shall attest and certify to the passage and adoption thereof.
PASSED, ADOPTED AND APPROVED THIS 16th DAY OF JULY 2024.
Jeremy B. Yamaguchi, Mayor
ATTEST:
Robert S. McKinnell, City Clerk
STATE OF CALIFORNIA
COUNTY OF ORANGE
Resolution R-2024-51
I, Robert S. McKinnell, City Clerk of the City of Placentia, do hereby certify that the foregoing resolution was adopted at a regular meeting of the City Council of the City of Placentia held on the 16th day of July 2024 by the following vote:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
ABSTAIN: Councilmembers:
Robert S. McKinnell, City Clerk
APPROVED AS TO FORM:
Christian Bettenhausen, City Attorney
Resolution R-2024-51