R-038-17 Adopting the budget for the FY commencing July 1, 2017 and ending June 30, 2018

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1 RESOLUTION NO. R-38-17 2 RESOLUTION OF THE CITY COUNCIL OF THE 3 CITY OF COLTON, CALIFORNIA ADOPTING THE BUDGET FOR THE FISCAL YEAR COMMENCING 4 JULY 1, 2017 AND ENDING JUNE 30, 2018 5 6 WHEREAS, the City Manager of the City of Colton has prepared the proposed annual 7 budget for Fiscal Year 2017-18 which sets forth all of the expected revenue and the recommended 8 appropriations to meet the operating and capital needs for all of the City's operations; and 9 10 WHEREAS, the City held a series of public budget workshops wherein staff presented the 11 budget, in detail by department, to the City Council, and 12 WHEREAS, at the end of the workshops, the City Council provided further direction 13 regarding the recommendations contained in the Fiscal Year 2017-18 Proposed Budget and 14 modified them so as to best serve the interests of the citizens of the City of Colton. 15 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DOES 16 HEREBY RESOLVE, DETERMINE AND ORDER as follows: 17 18 SECTION 1: The Recommended Budget for the City of Colton for the Fiscal Year 19 commencing July 1, 2017 and ending June 30, 2018 as reflected on Attachment A to this 20 resolution is hereby approved and adopted and incorporated herein. 21 SECTION 2: The General Fund Transfer (the annual administrative transfer from the 22 Electric Utility Fund to the General Fund) shall not exceed 20% of annual Electric Utility 23 revenues for Fiscal Year 2016-17. The amount of the transfer will be reviewed annually and set 24 during the annual budget process in accordance with voter approved Measure D. 25 SECTION 3: The positions identified in the authorized positions list are hereby authorized for funding, and any vacancies are hereby authorized for recruitment and 26 appointment in accordance with the City's Personnel System Rules and Regulations. 27 SECTION 4: Staff training and travel in accordance with the amounts and personnel 28 identified in the department budget memorandums is hereby authorized.