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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-83-07 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, <br />CALIFORNIA ADOPTING THE BUDGET FOR FISCAL YEARS COMMENCING <br />JULY 1, 2007 AND ENDING JUNE 30, 2008. <br />SECTION 1. The Budget for the City of Colton for the Fiscal Year commencing July 1, <br />and ending June 30, 2008 is hereby approved and adopted and incorporated herein. <br />SECTION 2. At the end of fiscal year 2006-07, certain purchase orders exist as <br />Encumbrances representing contractual obligations of previously budgeted funds. Additionally, <br />funds for certain items or projects in various stages of acquisition or development has previously <br />approved by the City Council to be carried forward to fiscal years 2007-08 as Continuing <br />The Outstanding Encumbrances and Continuing Appropriations are deemed to be rebudgeted as <br />addition to the budget amounts previously set forth in this section. <br />SECTION 3. The Approved Budget is in accordance with all applicable ordinances of the <br />and all applicable statutes of the State. <br />SECTION 4. The Finance Director may make the reallocation of appropriations <br />departments. Amendments (Increases/Decreases) to the Budget shall be by approval and Resolution of <br />City Council. <br />SECTION 5. The City Clerk shall certify the adopting of the Budget and shall cause to be <br />with the County Auditor within 60 days of the adoption, a certified copy of the Budget and Resolution. <br />PASSED, APPROVED AND ADOPTED this 19"' day of June, 2007 <br />KELLY J. t4STAIN <br />Mayor <br />ATTEST: <br />(1-142410�t'Ifl� <br />CAROLINA R. PADILLA, CMC <br />City Clerk <br />