Resolution No. FD 2024-XXX – Page 1 of 2
ATTACHMENT 1
RESOLUTION NO. 2024-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, ADOPTING THE CITY’S FISCAL YEAR
2024/25 BUDGET
WHEREAS, the Rancho Cucamonga City Council held one workshop to review the appropriation requests for Fiscal Year 2024/25 on June 20, 2024; and
WHEREAS, the Rancho Cucamonga City Council held a meeting on the General City Budget; and
WHEREAS, this public meeting was noticed in accordance with applicable laws and held on June 20, 2024
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Rancho Cucamonga, California does hereby resolve on this 27th day of June 2024, as follows:
SECTION 1: Adoption of Fiscal Year 2024/25 Budget. The City of Rancho Cucamonga budget for Fiscal Year 2024/25, on file in the office of the Finance Director, is hereby adopted in the amount of $263,329,020. This budget total includes appropriations for both the general and other special purpose funds.
SECTION 2: Transfers of Funds Between and/or Within Appropriations. The City Council of the City of Rancho Cucamonga may transfer funds between funds or activities set forth in the budget. The City Manager may transfer funds between appropriations within any fund as set forth in the budget and may transfer appropriations between activities within any cost center in the same fund.
SECTION 3: Transfers of Funds Between Funds. Transfers of funds between funds as shown throughout the fund transfer sections of the budget shall be made as expenditures warrant such transfers.
SECTION 4: Disbursements. The City Manager and the Finance Director, or the duly designated representative, are hereby empowered and authorized to disburse funds pursuant to appropriations provided for in the Fiscal Year 2024/25 Budget and have the responsibility to establish procedures and to administratively implement and control the budget on all matters, except direct expenditures by Councilmembers which require Council approval.
The City Manager, or the duly designated representative, is hereby empowered and authorized to make an annual contribution to the PARS Public Agencies Post- Employment Benefits Trust for the City in an amount not to exceed $300,000 and for the Fire District in an amount not to exceed $1,000,000. The contribution is at the discretion of the City Manager based on the results of operations for each fiscal year and is not mandatory.
SECTION 5: Additional Appropriations. The City Council may amend this budget to add or delete appropriations.
SECTION 6: Personnel. The City Manager is hereby empowered and authorized to develop and fill additional positions as deemed necessary to conduct City operations provided funding is available in this budget.
PASSED, APPROVED, AND ADOPTED this 27th day of June 2024.