HomeMy WebLinkAboutResolutions - No. 2006-44RESOLUTION NO, 2006-44
A RESOLUTION OF THE LODI CITY COUNCIL REVISING THE ADOPTED
2005-06 OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE
FISCAL YEAR BEGINNING JULY 1, 2005 AND ENDING JUNE 30, 2006
WHEREAS, the City Manager submitted the 2005-06 balanced Operating and Capital
Improvement Budget to the City Council on May 11, 2005; and
WHEREAS, the 2005-06 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 public budget meetings on May 4, May 11,
May 18, and May 24, 2005 at the Carnegie Forum; and
WHEREAS, the City Council approved the 2005-06 Operating and Capital Improvement
Budget as passed and adopted in Resolution 2005-120 at a regular meeting of the City Council
of the City of Lodi on June 15, 2005; and
WHEREAS, revisions in the 2005-06 Operating and Capital Improvement Budget as
approved by the City of Lodi City Council on June 15, 2005 are necessary as a result of
changes in revenue estimates and projected changes in operating expenditures; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi as
follows:
That the 2005-06 Operating and Capital Improvement Budget, as approved by the City
of Lodi City Council proposed by the City Manager and amended by the City Council
(with the exclusion of the Lodi Conference and Visitors Bureau element, voted on
separately and reflected in Resolution 2005-121), be revised as follows:
City Council City Council
Approved Adiustments Revised
General Fund
Fire 8,098,576 261,000 8,359,576
Non -Departmental 5,333,002 (261,000) 5,072,002
Electric Utility Fund 65,040,494 457,100 65,497,594
Water Utility Fund 8,053,069 52,800 8,105,869
Wastewater Utility Fund 17,057,771 30,800 17,088,571
Streets Fund 5,545,036
Capital Outlay Fund 1,182,836 139,100 1,321.936
Dated: March 15, 2006
------------------- ----- -- -- - - -------
I hereby certify that Resolution No. 2006-44 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held March 15, 2006, by the following vote:
AYES: COUNCIL MEMBERS — Beckman, Hansen, Johnson, and Mounce
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Mayor Hitchcock
ABSTAIN: COUNCIL MEMBERS — None
SUSAN J. BLACKSTON
City Clerk
2006-44