RES-ORA-0532 Continuing Said Agency's Operating Budget 2010-2011RESOLUTION NO.ORA -0532
A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY CONTINUING SAID
AGENCY'S OPERATING BUDGET FOR THE
FISCAL YEAR 2010 -2011 INTO FISCAL YEAR 2011-
2012 AND ADOPTING THE CAPITAL
IMPROVEMENT AND DEBT SERVICE BUDGETS
FOR THE FISCAL YEAR 2011 -2012.
WHEREAS, the Orange Redevelopment Agency is in the process of developing an
annual operating budget for fiscal year 2011 -2012; and
WHEREAS, the Orange Redevelopment Agency is required to make routine payments
for goods and services in order to continue the day -to -day operations of the Agency;
THEREFORE BE IT RESOLVED that the Orange Redevelopment Agency of the
City of Orange, California, as follows:
SECTION I. Continuation of Operating Budget
The Orange Redevelopment Agency's operating budget for the Fiscal Year 2010 -2011,
on file in the office of the City Clerk, is herby adopted as the operating budget for the Orange
Redevelopment Agency for Fiscal Year 2011 -2012. Appropriations for the Orange
Redevelopment Agency Operating Budget are set forth in the Schedule of Operating
Expenditures by Fund by Department. This is merely a temporary spending plan that will
enable the Agency to pay for essential expenditures. It will be replaced as soon as possible
with the adoption of an operating budget that will reflect anticipated revenues and expenditures
for Fiscal Year 2011 -2012.
SECTION II. Adoption of Capital Improvement and Debt Service Budgets
The Orange Redevelopment Capital Improvement and Debt Service budgets for Fiscal
Year 2011 -2012, on file in the office of the City Clerk, are hereby adopted for the Orange
Redevelopment Agency for the Fiscal Year 2011 -2012. Appropriations for the Capital
Improvement Program, Debt Service, and Pass Through Agreements are listed in the attached
Schedules.
SECTION III. Transfer of Funds Within and Between Appropriations
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 Executive Director'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 IV. Budget Revisions
The Board of Directors, by the affirmative vote of three members, may amend the
budget to add, delete, or revise appropriations.
ADOPTED this 28 day of June, 2011
ATTEST:
4 6 -
Mary E. Agency Cler
I do hereby certify that the foregoing Resolution was duly and regularly adopted by
the City Council of the City of Orange at a regular meeting thereof held on the 28 day of
June, 2011, by the following vote:
AYES:DIRECTORS:Smith, Cavecche, Bilodeau
NOES:DIRECTORS:Dumitru
ABSENT:DIRECTORS:Whitaker
ABSTAIN:DIRECTORS:None
Mary E X, Agencrlc--
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