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HomeMy WebLinkAboutTC Res 1965-07-26 (2) RESOLUTION NO. 75 RESOLUTION OF THE CITY OF TIBURON ADOPTING A MUNICIPAL BUDGET FOR THE FISCAL YEAR 1965-66. WHEREAS, the City Manager has presented to the City Counci I a budget for the fiscal year 1965-66, containing exhibits, schedules and other pertinent data supporting said proposed budget; AND WHEREAS, said budget contains provIsIons for the expenditue of municipal funds and resources on hand or expected to accrue during said fiscai year as shown in the various schedules, exhibits and other particulars of said budget; AND WHEREAS the City Counci I has considered said budget, both as to proposed expenditures and anticipated revenues; AND WHEREAS, the City Counci I finds that said proposed budget provides for ai' appropriate municipal purposes and services within the currGnt resources and anticipated revenues for the fiscal year; NOW THEREFORE BE IT RESOLVED: That said budget is hereby approved and adopted and al I expenditues, encumberances, transfers and appropriations set forth therein arG approved for the current fiscal yea r . AND BE IT FURTHER RESOLVED: That the City Manger may, from time to time, make adjustments between expenditure accounts within functions, or between functions which are a part of the operating segment of the budget, providing that such adjustments or transfers do not increase the total appropriation for operations, and provided further that such adjustments or transfers respecting salaries or allowances cannot be made so as to change individual salaries or allowances without authorization of the City Counci I; AND BE IT FURTHER RESOLVED: That no transfer or re-al location of resources or revenues as set forth in said budget may be made without approval of the City Counci I by resolution; AND BE IT FURTHER RESOLVED: That the City Manager shal I prepare and present quarterly budget performance statements and otherwise keep the City Counci ( informed of al! matters of importance affecting the abi I ity of the administration to perform the services and accompl ish the purposes provided for the in the budget hereby adopted. PASSED AND ADOPTED at a meeting of the City Counci I of the City of Tiburon on the 26th day of J u J Y , 1965, by the fo I low i ng vote: AYES: COUNCILMEN: EI I inwood, Hoffmire, Parnel I, Strawbridge NOES: COUNC I LMEN: Hannahs ABSENT: COUNCILMEN: None -I ,..~ .;;""1 ~ it/ ,4f;i. v GORDON W. STRAWBRIDGE /, Mayor of the City of Tiburon ATTEST: ~f.~ ENCE D. ROSE, City Clerk