HomeMy WebLinkAboutResolutions - No. 2001-166RESOLUTION NO. 2001-166
A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING
THE 2001-03 OPERATING AND CAPITAL IMPROVEMENT
BUDGETS FOR THE FISCAL YEAR BEGINNING JULY 1, 2001
AND ENDING JUNE 30, 2003, AND FURTHER APPROVING
THE 2001-03 APPROPRIATION SPENDING LIMIT
WHEREAS, the City Manager submitted the 2001-03 Operating and Capital
Improvement Budget to the City Council on June 27, 2001; and
WHEREAS, the 2001-03 Operating and Capital Improvement Budget was
prepared in accordance with the City Council's goals, budget assumptions and policies;
and
WHEREAS, the City Council conducted budget meetings on January 9, 2001,
January 16, January 23, February 20, March 5 (Town Hall meeting), March 27, April 10,
May 1, May 8, May 15, May 22, May 29, May 30 (Town Hall meeting), and June 5 at the
Carnegie Forum; and
WHEREAS, the 2001-03 budget is balanced and does not require additional
taxes or fees; and
WHEREAS, the City Council is required to adopt the Appropriations Spending
Limit; and
WHEREAS, the Appropriations Spending Limit and the annual adjustment
factors selected to calculate the Limit are part of the Financial Plan and Budget.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi,
as follows:
1. That the 2001-03 Operating and Capital Improvement Budget (including
the Appropriations Spending Limit) as proposed by the City Manager and
amended by the City Council is adopted; and
2. That the funds for the 2001-03 Operating Budget are appropriated as
summarized in the document on file in the City Clerk's Office.
3. That the funds for the 2001-03 Capital Improvement Budget are
appropriated to a Capital Control Account for further allocation by the City
Council on a project -by -project and purchase -by -purchase action.
Dated: June 27, 2001
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I hereby certify that Resolution No. 2001-166 was passed and adopted by the
City Council of the City of Lodi in a special meeting held June 27, 2001, by the following
vote:
AYES: COUNCIL MEMBERS — Howard, Land, Pennino and Mayor
Nakanishi
NOES: COUNCIL MEMBERS — Hitchcock
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
SUSAN J. BLACKSTON
City Clerk
2001-166