HomeMy WebLinkAboutResolution - 02-03 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 02-03
COUNTY OF RIVERSIDE)ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF SAN JACINTI 0,
CALIFORNIA, ADOPTING THE BUDGET FOR FISCAL YEAR 2002-2003
WHEREAS, the Redevelopment Agency of San Jacinto wishes to adopt a
budget for the subsequent fiscal year for estimated revenues and estimated
expenditures; and
WHEREAS, Staff has presented an operating and capital budget
containing the Redevelopment Funds, to meet the needs of the Citizens of the
City of San Jacinto; and
WHEREAS, the Board has thoroughly examined and analyzed the
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proposed budget in order to meet the needs of the Citizens of the City of San
Jacinto; and
WHEREAS, the Redevelopment Agency of San Jacinto operates on a
fiscal year beginning July 18t of each year;
NOW, THEREFORE, BE IT-RESOLVED-by the Board ol Directors-of-the - -
Redevelopment Agency of San Jacinto as follows:
Section 1. The budget for Fiscal Year 2002-2003, a copy of which is on
file in the City Clerk's Office, is hereby adopted with total estimated expenditures
of $ 17482300 —, to be funded by estimated revenues of $ 2,019,306 -1
use of available fund balance of $ 1,195,589 and interfund transfers of
$ 5331405
Section 2. The reallocation of appropriations between departmental
activities may be made by the City Manager. Budget Amendments to the adopted
budget may only be made with the approval and resolution of the Agency Board.
Section 3. All funds are authorized as presented in the budget document.
Section 4. General Fund administrative overhead consisting of City
Council Department, City Manager Department, City Clerk Department, Human
Resources Department, Finance Department, and Non-Departmental shall be
cost allocated to the program cost centers, charged on a prorated basis to cost of
funding. In all cases where -0 Capital Project is financed by debt, except in cases
of RDA funds where the overhead cost allocation will be made to debt service
funds and not project funds.
Section I--. Internal Service Funds for general liability, workers
compensation and unemployment insurance will be allocated to funds based on:
A. General Liability — percentage of department or program cost
B. Workers Compensation — percentage of payroll in each
department or program
C. Unemployment Insurance - percentage of payroll in each
department or program
Passed, Approved and Adopted this 20th day of June 2002 by a '11/1 vote.
Ayes: Ayres, Carlson-Buydc-s, Conner
Nays: Good
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Absent: None
Abstain: None
San Jacinto Redevelopment Agency
by �`es IV1. Conner, Chairman
ATTEST:
borothy Ch Oinard, Agency Secretary
City Clerk
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CERTIFICATION
1, Dorothy L. Chouinard, City Clerk of the City of San Jacinto, California, do
hereby certify that the foregoing Resolution No. RDA 02-03 was passed, adapted
and and approved at a regular meeting of the City Council of City of San Jacinto held
on the 20th day June, 2002, by the following vote:
Ayes: Ayres, Carlson-Buydos, Conner
Nays: Good
Absent: None
Abstain: None
WITNESS MY HAND AND OFFICIAL SEAL this list day of June, 2002.
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thy L. Vouinard, City Clerk