CC RESOLUTION 4436RESOLUTION NO. 4436
A RESOLUTION ADOPTING AN OPERATING BUDGET AND
FIVE YEAR CAPITAL IMPROVEMENT PROGRAM FOR
FISCAL YEAR 2005/2006.
BE IT RESOLVED by the Council of the city of El Segundo as follows.
SECTION 1 The City Council finds as follows
A The Council received and considered the proposed City Budget for Fiscal
Year 2005 -2006 as presented by the City Manager pursuant to El Segundo
Municipal Code ( "ESMC ") § 1- 5A7(k),
B The Council also received and considered the Preliminary Capital
Improvement Program ( "CIP ") for Fiscal Years 2005 -2010 presented by
the Capital Improvement Program Advisory Committee,
C The Council also contemplated public testimony and other evidence
gathered from public hearings held on September 6 and September 20,
2005,
D Based upon the record before it, the Council believes that it is in the public
interest for the proposed City Budget and CIP to be adopted as set forth
below
SECTION 2 The City's Budget for Fiscal Years ( "FY ") 2005 -2006 and the CIP for FY
2005 -2010 is adopted by this Resolution as set forth to the attached Exhibits which are
incorporated by reference True and correct copies of the Budget and CEP will be on file
with the City Clerk for public inspection
SECTION 3 The City Manager, or designee, is authorized to approve budgetary
transfers of funds less than $10,000 within City Departments needed to provide service
levels consistent with the categories of expenditures listed in the Budget Any such
transfers will be reported to the City Council Budgetary transfers between categories,
departments, or funds that are $10,000 or more require City Council approval
SECTION 4 The Budget is intended to provide a financial plan to implement City
projects and for routine operations Nothing in the Budget, the CIP, or this Resolution
should be construed to give purchasing authority to the City Manager, or designee, that
exceeds that set forth in the ESMC or any other applicable law
SECTION 5 At the end of the fiscal year, unexpended appropriations in the Budget will
be carved forward to the next fiscal year as needed to underwrite the expense of
outstanding purchase commitments and programs
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SECTION 6 The City Clerk is directed to certify the adoption of this Resolution, record
this Resolution in the book of the City's original resolutions, and make a minute of the
adoption of the Resolution in the City Council's records and the minutes of this meeting
SECTION 7: This Resolution will become effective immediately upon adoption and
will remain effective unless repealed or superseded
PASSED AND ADOPTED this 20th
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO
I, Cindy Mortesen, City Clerk of the City of El Segundo, California, hereby certify that the
whole number of members of the City Council of the City is five, that the foregoing
Resolution No 4436 was duly passed and adopted by said City Council, approved and
signed by the Mayor of said City, and attested to by the City Clerk of said City, all at a
regular meeting of said Council held on the 20th day of September 2005, and the same was
so passed and adopted by the following roll call vote:
AYES McDowell, Boulgarides, Busch, Jacobson
NOES None
ABSENT. Gaines
ABSTAIN: None
ATTEST.
Cindy Morte en,
City Clerk
APPROVED A - O
Mark D Hen it e
, G
By
arl H Berge
Assistant C44 A ornev
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