CDC - Item 4A - Adoption of RCDC Fiscal Year 2008-09 Annual Budgetr- 7
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ROSEMEAD COMMUNITY
DEVELOPMENT COMMISSION
STAFF REPORT
TO: HONORABLE CHAIRMAN AND COMMISSIONERS
FROM: OLIVER CHI, EXECUTIVE DIRECTOR V "~-QP-i
DATE: JUNE 10, 2008
SUBJECT: ADOPTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION'S ("RCDC") FISCAL YEAR 2008-09 ANNUAL
OPERATING AND CAPITAL IMPROVEMENT BUDGET
SUMMARY
The RCDC's fiscal year 2008-09 Annual Operating and Capital Improvement Budget
(Attachment A) is as follows:
Total Appropriations FY 2008-09 $5,964,450
STAFF RECOMMENDATION
Staff recommends that the RCDC Commissioners adopt Resolution No. 2008-16
approving the fiscal year 2008-09 Annual Operating and Capital Improvement Budget in
the amount of $5,964,450.
PUBLIC NOTICE PROCESS
This item has been noticed through the regular agenda notification process.
Submitted by:
Steven Brisco
Finance Director
Attachment A: Annual Operating and Capital Improvement Budget
Attachment B: Resolution 2008 -16
APPROVED FOR COMMUNITY DEVELOPMENT COMMISSION AGENDA: V
• •
RESOLUTION NO. 2008-16
A RESOLUTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION ADOPTING THE ANNUAL OPERATING AND CAPITAL
IMPROVEMENT BUDGET FOR THE 2008-09 FISCAL YEAR
WHEREAS, a proposed annual budget for the Rosemead Community
Development Commission for the Fiscal Year commencing July 1, 2008 and
ending June 30, 2009 was submitted to the Community Development
Commission 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 ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION DOES RESOLVE AS FOLLOWS:
The 2008-09 Annual Operating and Capital Improvement Program
Budget, is hereby adopted.
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.
The Commission Chair 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
Chairperson
ATTEST:
City Clerk