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RESOLUTION NO. R-13-92 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF COLTON AMENDING THE BUDGET FOR THE FISCAL <br />YEAR 1991-92 <br />WHEREAS, the City Council has given long and careful <br />consideration of the $2.5 million operating deficit of the General <br />Fund and WHEREAS, the City Council desires to repay the $2.5 million <br />from the General Fund to the Sewer Development Fund in the current <br />fiscal year; <br />NOW THEREFORE, BE IT RESOLVED that the following measures <br />are hereby approved: <br />1. Utilize the Public Employees Retirement credit $900,000 <br />2. Increase Franchise In -lieu taxes from 3% to 6% 740,000 <br />3. Increase Redevelopment Agency participation in <br />City operations 3501000 <br />4. Utilize fund balances of inactive funds 480,000 <br />5. Enact Loan Agreement with the Redevelopment Agency <br />for the repayment of sales taxes 170,000 <br />6. Accept the City Manager's recommendation for <br />revised Revenue Estimates and Appropriations 85,253 <br />BE IT FURTHER RESOLVED that the City Manager is <br />hereby authorized to expend in accordance with the laws of the State <br />of California and the ordinances of the City of Colton on behalf of <br />the activities shown below the amounts shown as follows: <br />OPERATIONS <br />General Government <br />S 4517987 <br />City Clerk <br />622,670 <br />Personnel <br />278,344 <br />Finance <br />1,497,458 <br />Community Development <br />11237,916 <br />Police <br />5,838,095 <br />Fire <br />3,956,242 <br />Public Works <br />2,302,681 <br />Library <br />8911649 <br />Human Services <br />13964,276 <br />Electric Utility <br />181795,571 <br />Water Utility <br />56,597 <br />Water Quality Control <br />Plant 100,000 <br />