CC - Item 5A - Annual Operating and Capital Improvement Budget•
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ROSEMEAD CITY COUNCIL
STAFF REPORT
TO: THE HONORABLE MAYOR AND CITY COUNCIL
FROM: OLIVER CHI, CITY MANAGER
DATE: JUNE 10, 2008
SUBJECT: ADOPTION OF THE CITY OF ROSEMEAD'S FISCAL YEAR 2008-09
ANNUAL OPERATING AND CAPITAL IMPROVEMENT BUDGET
SUMMARY
The City of Rosemead's fiscal year 2008-09 Annual Operating and Capital Improvement
Budget (Attachment A) is as follows:
Total Appropriations FY 2008-09 29,362,086
Staff Recommendation
Staff recommends that the Rosemead City Council adopt Resolution No. 2008-41
approving the fiscal year 2008-09 Annual Operating and Capital Improvement Budget in
the amount of $29,362,086.
PUBLIC NOTICE PROCESS
This item has been noticed through the regular agenda notification process.
Submitted by:
c
Steven Brisco
Finance Director
Attachment A: Annual Operating and Capital Improvement Budget
Attachment B: Resolution No. 2008 - 41
APPROVED FOR CITY COUNCIL AGENDA: 6 0 ITEM NUMBER:
RESOLUTION NO. 2008-41
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
ADOPTING THE ANNUAL OPERATING AND CAPITAL IMPROVEMENT
BUDGET FOR THE 2008-09 FISCAL YEAR
WHEREAS, a proposed annual budget for the City of Rosemead for the
Fiscal Year commencing July 1, 2008 and ending June 30, 2009 was submitted
to the City Council for it's review and consideration and the proposed annual
budget is on file in the City Clerk's office; and
WHEREAS, on June 10, 2008 a budget study session and a public
hearing were held, and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
ROSEMEAD DOES RESOLVE AS FOLLOWS:
The 2008-09 Annual Operating and Capital Improvement Program
Budget, is hereby adopted.
2. There is hereby appropriated to each account group set forth in the
"Function, Performance Levels and Work Plan" 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 2008-09 Adopted Column.
3. The Mayor shall sign and the City Clerk shall certify to the passage
and adoption of this Resolution and thereupon the same shall take
effect and be in force.
PASSED, APPROVED and ADOPTED the 10th day of June, 2008
MAYOR OF THE CITY OF ROSEMEAD
ATTEST:
City Clerk