HomeMy WebLinkAboutReso 133-1975 RESOLUTION NO. 133-75
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION APPROVING AMENDMENT 0-2
1975-76 OPERATING BUDGET.
BE IT RESOLVED by the City Council of the City of South San
Francisco that the Council, having received and duly considered the
staff report dated September 3, 1975, Subject "Fiscal Year 1975-76
Budget Revenue Estimate Change," a copy of which is attached hereto
as Exhibit "A," does hereby order that:
1. The contribution from Revenue Sharing to the General Fund
(Account #12-3353) is hereby reduced by Sixty-seven Thousand Five
Hundred Dollars ($67,500); and
2. The secured property tax revenue in the General Fund (Account
#12-3202) is hereby increased by Seventy-seven Thousand Dollars
($77,000).
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 3rd day of
September , 1975, by the following vote:
AYES, COUNCILMEN Richard A. Battaglia, F. Frank Mammini,
Terry J. Mirri, Leo Padreddii and Warren Steinkamp
None
ii
NOES,
ABSENT, "
None
ATTEST: ~,~ ~
Clerk
': -': ":~T E XH t BI.T "A"' TO ,:R£soI, UT I ON 0. ~ ~- 75
_: .~, ~]~(~PTED THE 3rd 'day ..of ~Septe~er ,1975
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~...,:'~::-.::::',:~?..To: .: . The Ho.nc~ e Council:..: .;':;~. ':?':: >:,'::;'::
~- ": "~'""~" ' "' ': ' ' r'.1975~76:.Budget~Revenue: :' '
,>:',:'. Sub t: Fi i1 [stOmate Chan~e"::;'.': .. ..-.
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-:: RECO,4,:qENDATION:':~ It:iS' reca~ended th'aa council ~"adopt, the-attached
':' . ..~ :L,~.?~,~resol uti on as prepared by the:City Attorney reducing the,cOntribution
~::~>~:~:~.~'.from..Revenue'Sharing..to the 'General .FUnd (Account'~12~3353) 'bY ' '
~:-~l~:~;~j'.'$67,000.and increasing secured property tax revenue in the General
~ ??:':Fund (ACCount ~12-3202) by $77,000.'. "_' -- .~ . >~' - .
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'~ ~:::~.:~.:~:tDISCUSSION: The budget, as adopted b~ Council thFough Resolution
7~. ;~?~??; No. 84-75,:p~ovideS fo~ the Suppo~t of the Social'-Se~vice. Su~e~
.t.::.'~-:~-~.;~?~.Youth P~og~a~,...mic~ofil· p~oject,, and ~dentification s~ste~ through
' · ..~::?~?~.;;tGeneral Revenue.~Sharing funds.' In order to .avoid. the' allocation'
~.?~'~;~'~]~'~]~:~,~[: of th'ese~'~nies to':~,°ther.than Capital: improvement:projects' .if.is
'..l::t}j~]~?:~'~]recommende'd 'that'P~pertY' tax anticipation· be increased and :that -":
': ~':'>~?~:'the RevenUe Sharing contribution to the General. Fund be eliminated,
.'...:A'- ~ .~ :,.
,:.:~.,,,, . This adjUstment .in-the revenue estimate from property taxes.will :':~:?~
.. :. -.:~?:},??'~:~:;:~:? al so el iminate.- the :earlier project deficit of approximately'S9,000.
>?::;:: ?>~.:.~ E wa rd :: G.:?-A 1 a r i o :. :~f:::~": ': ..:,':::~?~ :.?:;~?: ~ :- :'::" ' ":"""'?Y" .',: ' -'" ?~'"
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Stanl e~ F. Bara .... - :L ,' ,-.: ....... ' :. · '
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Director of' Administrative.Services/Finance .':. . -,-.~ ..... ....
EGA/SFBIcp '.'::~' --. ....
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At~chment - ...' .-"~ ," "
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