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CC - 2017-26 - Annual Operating and Capital Improvement Budget for the 2017-2018 Fiscal Year RESOLUTION NO. 2017-26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE 2017-18 FISCAL YEAR WHEREAS, a proposed annual budget for the City of Rosemead, California for the Fiscal Year commencing July 1.2017 and ending June 30, 2018 was submitted to the City Council for its review and consideration and the proposed annual budget is on file in the City Clerk's office; WHEREAS, all appropriations in the Capital Improvement Budget for projects currently underway and remaining unexpended as of June 30,2017, as approved by the City Council in prior years,are hereby appropriated to the 2017-18 Fiscal Year; and NOW, TI IEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD, DOES I IEREBY RESOLVE, DECLARE, DETERMINE. AND ORDER AS FOLLOWS: SECTION 1.The 2017-18 Annual Operating and Capital Improvement Program Budget is hereby adopted in the amount of 530,832,600. SECTION 2. There is hereby appropriated to each account group set forth in the "Detail Budget"of said budget attached hereto,and made a part hereof as though fully set forth herein,the sum shown for such account groups in the 2017-18 Adopted Column. SECTION 3.The City Clerk shall certify to the adoption of this resolution and hereafter the same shall he in full force and effect. PASSED,APPROVED, AND ADOPTED this 27th day of June. 2017. Polly LAtC, (1yor APPROVED AS 7Y M: AYES"I: M Idir aieg /7 S. Rachel R. man, City •uorney Marc Donohue, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) § CITY OF ROSEMEAD I, Marc Donohue, City Clerk of the City Council of the City of Rosemead, California, do hereby certify that the foregoing City Council Resolution, No. 2017-26, was duly adopted by the City Council of the City of Rosemead, California, at a regular meeting thereof held on the 27th day of June, 2017, by the following vote, to wit: AYES: ALARCON, ARMENTA, CLARK, LOW, LY NOES: NONE ABSENT: NONE ABSTAIN: NONE Marc Donohue, City Clerk