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HomeMy WebLinkAboutCC Reso 2023-13 RESOLUTION NO. 2023 - 13 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF CATHEDRAL CITY, CALIFORNIA, APPROVING A BUDGET FOR THE FISCAL YEARS 2023/2024 AND 2024/2025. WHEREAS, a municipal budget for the Fiscal Years 2023/2024 and 2024/2025 has been prepared by the City Manager and Financial Services Director; and WHEREAS, the City Council examined said budget and conferred with the City Manager and the Financial Services Director; and WHEREAS, the City Council desires to adopt a final budget for the fiscal years; and WHEREAS, the City Council has, after due deliberation and consideration, made such amendments in the proposed final budget as it considered desirable; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Cathedral City as follows: SECTION 1. The budget, summary of which is attached hereto and made a part of hereof, is hereby approved and amounts thereby appropriated to the departments, activities, and projects. The revenue estimates contained are hereby accepted. SECTION 2. The Financial Services Director shall have the authority to adjust the appropriations within each fund, provided however, the total appropriations for the entire fund do not exceed the amounts approved in this budget resolution (or amending resolution). Said adjustments of the appropriations for each department or activity shall be made only upon written request to the City Manager and/or the Financial Services Director, the form of which shall be prescribed and approved by the Financial Services Director. Once such a written request is properly executed and approved, the Financial Services Department shall make such funds available. SECTION 3. Transfers of fund balances from one fund to another shall be approved by the Financial Services Director. SECTION 4. At the close of a fiscal year, outstanding Operating Budget purchase commitments for goods and services will not be carried forward into the next fiscal year. Budgets for the five-year plans are appropriated for the duration of the project. Therefore, appropriations for the five-year plans and any unfulfilled purchasing commitments at the end of a fiscal year are automatically carried forward to the next fiscal year. SECTION 5. Financial Services Director is authorized to advance pay the City's annual obligation to CalPERS should the advance pay result in savings to the City and any savings would be allocated to the City's CaIPERS reserve to mitigate future rate increases. SECTION 6. The repayment of demands prior to audit may be made by the Financial Services Director in conformity with the authority provided by Section 37208 of the Government Code of the State of California. SECTION 7. The Financial Services Director shall render a semi-annual report to the City Council on the status of City operational revenues and expenditures. PASSED, APPROVED, AND ADOPTED this 24th day of May 2023. Rita amb, Mayor ATTEST: vt.e t_ CLvm N.c,Q/ta Tracey R. 1ermosillo, City Clerk APPROVED AS TO RM: Eric S. Vail, City Attorney I, TRACEY R. HERMOSILLO, CITY CLERK of the City of Cathedral City, do hereby certify that the foregoing Resolution was introduced and adopted at a regular meeting of the City Council of the City of Cathedral City held on the 24th day of May 2023 by the following vote: AYES: Councilmembers Gutierrez , Gregory and Ross; Mayor Pro Tem NOES: Carnevale and Mayor Lamb ABSENT: None ABSTAIN: None \,2 itt,ucp-Ictirvv), Tracey W ermosillo, City Clerk