RES-ORA-0521 Adopting Said Agency's Budget 2010-11RESOLUTION NO.ORA-
0521 A RESOLUTION OF THE
ORANGE REDEVELOPMENT AGENCY ADOPTING
SAID AGENCY'S BUDGET FOR THE FISCAL
YEAR 2010-2011 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 2010-
11, 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 2010-11. 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, 2010
for CIP projects will be carried over to the 2010-11 fiscal year with the exception
of those projects which are completed, as determined by the City Manager, before the end
of the 2009-10 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.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
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 10"' day of August, 2010.
ATTEST:
csu.. '
Mary E. t Agency C
I he:-eby certify that the foregoing Resolution was duly and regularly adopted by the
Orange Redevelopment Agency at a regular meeting thereof held on the 10`" day of August,
2010, by the following vote:
AYES:DIRECTORS:Smith, Murphy, Cavecche, Dumitru, Bilodeau
NOES:DIRECTORS:None
ABSENT:DIRECTORS:None
ABSTAIN:DIRECTORS:None
Mary E. gency Clerk