357947.1
Town of Yountville
Resolution Number 24-4293
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF YOUNTVILLE APPROVING A BUDGET ADJUSTEMENT OF $500,000 IN FISCAL YEAR 2024/2025 TO CAPITAL PROJECTS FUND 50 FOR YOUNTVILLE COMMONS PROJECT CF0046.
Recitals
A. WHEREAS, at the May 21, 2024 Town Council meeting, the Town Council adopted Resolution Number 24-4270 approving the Town’s Biennial Budget, which included a budget of $500,000 for Fiscal Year 2024/2025 for the Yountville Commons Project CF-0046 in Capital Projects Fund 50.
B. WHEREAS, staff is recommending the approval of a budget adjustment of $500,000 in Fiscal Year 2024/2025 to Capital Projects Fund 50 for the Yountville Commons Projects CF-0046, utilizing available fund balance. This will increase the budget for the Yountville Commons Project CF-0046 to a total of $1,000,000 in Fiscal Year 2024/2025.
Now therefore, the Town Council of the Town of Yountville does resolve as follows:
1. Approves budget adjustment in Fiscal Year 2024/2025 in the amount of $500,000 to Capital Projects Fund (50-6000-5300) for the Yountville Commons Project CF-0046.
2. The Town Clerk shall attest and certify to the passage and adoption of this Resolution, and it shall become effective immediately upon its approval.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Yountville, State of California, held on this 16th day of July, 2024 by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
_________________________
Margie Mohler, Mayor
ATTEST:
___________________________
Hilary Gaede, Communications Director/Town Clerk