RES-ORA-0534 Adopting Said Agency's Budget 2011-12RESOLUTION NO. ORA -0534
A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY ADOPTING SAID
AGENCY'S BUDGET FOR THE FISCAL YEAR
2011 -2012 AND RELATING TO TRANSFERS OF
FUNDS BETWEEN AND WITHIN
APPROPRIATIONS, TRANSFERS BETWEEN
FUNDS, AND ADDITIONAL APPROPRIATIONS.
BE IT RESOLVED by the Orange Redevelopment Agency of Orange, California, as
follows:
SECTION I. Adoption of Budget
The Orange Redevelopment Agency budget for the Fiscal Year 2011 -12, as amended
by the City Council and on file in the office of the City Clerk, is hereby adopted as the
budget for the City of Orange for the Fiscal Year 2011 -12. Appropriations for the Agency's
Operating Budget are set forth in the Schedule of Operating Expenditures by Fund and the
Schedule of Carryover Appropriations. Appropriations for the Capital Improvement
Program, Debt Service, and Pass Through Agreements are listed in the Schedule of New
Capital Improvement Projects, the Schedule of Debt Service Payments, and the Schedule of
Pass Through Agreements. Appropriations existing as of June 30, 2011 for CIP projects will
be carried over to the 2011 -12 fiscal year with the exception of those projects which are
completed, as determined by the City Manager, before the end of the 2010 -11 fiscal year.
SECTION II. Transfer of Funds Between Funds
A. Transfer of Funds within an operating appropriation — Department Heads may
transfer funds between non - salary object group classifications or programs within their
operating departmental appropriation with the approval of the Finance Officer. The City
Manager's approval is required to transfer funds to or from salary accounts within a
departmental appropriation.
B. All other transfers between appropriations, including departmental budgets,
capital projects, debt service or pass throughs, must be approved by the affirming vote of
three members of the Board of Directors.
SECTION III. Transfers of Funds Between Funds
Transfer of funds between funds, as outlined in the Schedule of Transfers in the
Budget document, shall be made as expenditures or revenues warrant such transfers. Other
transfers may be made by the Board of Directors by the affirmative vote of three members.
SECTION IV. Additional Appropriations
Excepting donations of $5,000 or less per donor within a fiscal year, only the Board
of Directors, by the affirmative vote of three members, may amend the budget to add or
delete appropriations. Donations of less than $5,000 per donor within a fiscal year shall be
appropriated by the City Manager in accordance with the wishes of the donor.
ADOPTED this 8 day of November, 2011.
ATTEST:
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14 - - :' 4
Mary u , Agency C
I hereby certify that the foregoing Resolution was duly and regularly adopted by the
Orange Redevelopment Agency at a regular meeting thereof held on the 8 day of
November, 2011, by the following vote:
AYES:DIRECTORS:Whitaker, Smith, Cavecche, Dumitru, Bilodeau
NOES:DIRECTORS:None
ABSENT:DIRECTORS:None
ABSTAIN:DIRECTORS:None
Mary ,Agency Cl