2010 RES R-32-10 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. R-32-10 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA ADOPTING THE BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2010 AND ENDING JUNE 30, 2011. WHEREAS, the City Manager of the City of Colton has prepared the proposed annual budget for Fiscal Year 2010-11 which sets forth all of the expected revenue and the recommended appropriations to meet the operating and capital needs for all of the City's operations; and WHEREAS, the proposed budget includes two scenarios; the recommended budget assumes the extension the Utility User Tax which generates approximately $4.9 million annually for the General Fund and the "Loss of UUT" budget assumes the tax sunsets as schedule on June 30, 2011; and WHEREAS, at a public session, the City Council has considered the budgetary recommendations contained in the Fiscal Year 2010-11 Proposed Budget document and approved or modified them so as to best serve the interests of the citizens of the City of Colton; FIST41 WHEREAS, the City Council desires to address the fiscal health of the General Fund and other funds adopting financial policies. NOW, THEREFORE, THE CITY COUNCIL OF THE COLTON DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows: SECTION 1: The Recommended Budget for the City of Colton for the Fiscal Year commencing July 1, 2010 and ending June 30, 2011 is hereby approved and adopted and incorporated herein. SECTION 2: Should the current Utility Users Tax not be extended past June 30, 2011, the City Manager shall implement the "Loss of UUT" budget in an immediate and swift manner as to ensure necessary cuts are made well in advance of June 30, 2011. SECTION 3: As a result of the implementation of either scenario of the 2010-11 budget, certain positions will be eliminated and others will be re -titled or created in order to accomplish a more efficient, effective and economical municipal organization. 1