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HomeMy WebLinkAboutReso 56-2005RESOLUTION NO. 56-2005 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AMENDING THE 2004-05 GENERAI, FUND OPERATING BUDGET TO INCREASE GENERAL FUND REVENUES BY A TOTAL OF $3112,727 WHEREAS, it is recommended that the City Council review the 2004-05 3rd Quarter Financial Report and approve the 3rd Quarter 2004-05 General Fund Operating Budget Amendment Changes as attached hereto as "Attachment A." NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Council hereby amends the 2004-05 General Fund Operating Budget to increase General Fund Revenues by a total of $312,727. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 25th day of May 2005 by the following vote: AYES: Councilmembers Richard A. Garbarino, Pedro Gonzalez and Karyl Matsumoto, Mayor Pro Tem Joseph A. Femekes and Mayor Raymond L. Green NOES: None. ABSTAIN: None. ABSENT: None. ATTEST: Attachment A 3rd Quarter 2004-05 General Fund Operating Budget Amendment Changes Revenues and Other Financing Sources Property Taxes ERAF One Time Refund from County Sales Tax Transient Occupancy Tax Franchise Fees Business License Building and Fire Permits Other (Property Transfer Taxes) 3rd Qtr Budget Amendment Changes 25,000 262,146 -146,659 30,000 -40,000 50,000 67,240 65,000 Total Revenues: 312,727