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RHA RESOLUTION NO._____
A RESOLUTION OF THE RIALTO HOUSING AUTHORITY
BOARD OF THE CITY OF RIALTO, CALIFORNIA, ADOPTING
THE FISCAL YEAR 2024-2025 BUDGET
WHEREAS, the proposed budget for Fiscal Year 2024-2025 of the Rialto Housing Authority (Authority or RHA) has been submitted to the Authority Board, and said budget has been considered and, is in form and substance satisfactory to the Authority Board; and WHEREAS, the Authority may not exceed its appropriations by character of exp ense, with character of expense being defined as personnel services, services and supplies, capital outlay, debt service and transfers, without the consent of the Authority Board; and WHEREAS, the Executive Director may trans fer appropriations, between departments and within their respective funds, as long as those appropriations do not exceed their fund total unless approved by the Authority Board; and
WHEREAS, the Executive Director is authorized to make changes to the Adopted Budget only to accommodate actual fund balance as determined at year end and any technical balancing adjustments to appropriations, revenue, and available reserves; and WHEREAS it is the intent to ensure that maximum efficiency and savings are realize d within the Authority Board; and
WHEREAS, the inter-fund borrowings arising from deficit spending in any fund shall require Authority Board action to provide for appropriate repayment terms and conditions.
NOW, THEREFORE, THE RIALTO HOUSING AUTHORITY BOARD OF THE CITY OF RIALTO DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS:
Section 1: That the budget for the Rialto Housing Authority for the Fiscal Year 2024-2025 is hereby approved and adopted in the form on file with the City Clerk.
Section 2: That specific appropriations for the fund and operating department(s) are hereby made as set forth in the budget for Fiscal Year 2024-2025, which are incorporated herein by this reference.
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WHEREFORE, this RHA Resolution is passed, ap proved and adopted this ____ day of ___________, 2024.
_______________________________
DEBORAH ROBERTSON, RHA President
ATTEST:
______________________________
BARBARA McGEE, RHA Secretary
APPROVED AS TO FORM:
______________________________
ERIC VAIL, RHA Attorney
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STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RIALTO )
I, Barbara McGee, Authority Secretary of the City of Rialto, do hereby certify that the foregoing RHA Resolution No._____ was duly passed and adopted at a regular meeting of the Rialto Housing Authority of the City of Rialto held on the ______ day of ____________, 2024.
Upon motion of Authority Member ______________________, seconded by Authority Member _________________________, the foregoing RHA Resolution No. _______ was duly passed and adopted.
Vote on the motion:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and the Official Seal of the Rialto Housing Authority this _____ day of _________________, 2024.
____________________________________
BARBARA McGEE,
RHA Secretary