RES-ORA-0518 Continuing Said Agency's Budget 2009-10RESOLUTION NO.ORA-
0518 A RESOLUTION OF THE
ORANGE REDEVELOPMENT AGENCY CONTINUING
SAID AGENCY'S BUDGET FOR THE FISCAL
YEAR 2009-2010 INTO FISCAL YEAR
2010-2011 AND ADOPTING THE
CAPITAL IMPROVEMENT AND DEBT SERVICE BUDGET FOR
THE
FISCAL YEAR 2010-2011.WHEREAS, the Orange Redevelopment Agency is in the
process of developing an annual operating budget for
fiscal year 2010-2011; and WHEREAS, the Orange Redevelopment Agency
is required to make routine payments for goods and services in order
to continue their day-to-day operations;BE IT RESOLVED by the
Orange
Redevelopment Agency of Orange, California, as
follows:SECTION I. Continuation of Operating Budget The Orange Redevelopment operating budget for
the Fiscal Year 2009-10, on file in the office of the City Clerk, is hereby
adopted as the operating budget for the Orange Redevelopment Agency
for Fiscal Year 2010-11. 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 2010-11.
SECTION II. Adoption of Capital Improvement and Debt Service Budget The Orange
Redevelopment Debt Service and Capital Improvement budgets for Fiscal Year 2010-2011, on file in the
office of the City Clerk, is hereby adopted for the Orange
Redevelopment Agency for the Fiscal Year 2010-2011. 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.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 Director. The Executive Director'
s approval is
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 8t'' day of June, 2010.
ti/1...1,
V/C~veccd4e. Chairman
ATTEST:
Mary E. ,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 8th day of June,
2010, by the following vote:
AYES:DIRECTORS:Smith, Murphy, Cavecche, Dumitru, Bilodeau
NOES:DIRECTORS:None
ABSENT:DIRECTORS:None
ABSTAIN:DIRECTORS:None
Mary E. Mur,~hy, Agency Clerk