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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-114-03 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON, CALIFORNIA AMENDING THE BUDGET FOR <br />FISCAL YEAR COMMENCING JULY 1, 2003 AND ENDING JUNE 30, 2004 <br />WHEREAS: The Budget for the City of Colton for the Fiscal <br />Year commencing July 1, 2003 and ending June 30, 2004 was approved and adopted <br />on June 10, 2003; and <br />WHEREAS: The approved budget is in accordance with all applicable <br />ordinances of the City and all applicable statutes of the State; and <br />WHEREAS: The Reallocation of appropriations between departmental <br />activities may be made by the City Manager, Amendments (increases/decreases) to <br />the Budget shall be by approval and Resolution of the City Council. <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DOES <br />HEREBY <br />RESOLVE AS FOLLOWS: <br />SECTION 1. To amend the 2003/2004 Fiscal Year Budget, increasing the <br />Capital Expenditure in Traffic Impact Fund, 249-6900-6910-2350 in the amount of <br />$30,000 and 249-6900-6612-3890 in the amount of $120,000 and decreasing the <br />Unappropriated Fund Balance Account in the amount of $150,000 and authorize <br />transfer of Traffic Fee Fund to Traffic Impact Fund. <br />herein. SECTION 2. The amendment is hereby approved, adopted and incorporated <br />PASSED, APPROVED AND ADOPTED THIS 41h DAY OF NOVEMBER, 2003. <br />CAROLINA BARRERA <br />City Clerk <br />DEMayor <br />IRDRE <br />