RES-ORA-0425 Adopting Redevelopment Agency Budget FY 2003-04RESOLUTION NO. ORA-
0425
A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY ADOPTING SAID
AGENCY'S BUDGET FOR THE FISCAL YEAR 2003-
04 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 budl!et
The Orarlge Redevelopment Agency budget for the fiscal Year 2003-04, as amended by
the Board of Directors and on file in the office of the City Clerk, is hereby adopted as the budget
for the Agelli~y for the Fiscal Year 2003-04. Appropriations for the Agency's Operating
Budget shall be set forth in the Schedule of Redevelopment Expenditures by fund, appropriations
for the Capital Improvement Program, Debt Service, and Pass Through Agreements are listed
in the Schedule of New Capital Improvement Projects, Schedule of Carry-
Over Appropriations, the Schedule of Debt Service Payments, and the Schedule of
Pass Through Agreements.SECTION II. 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 depaJtmental appropriation with the approval of the Finance
Director. The Executive Director's approval is required to transfer funds to or from salary
accounts within
a depaJ1mental 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. Transfer 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
SECTION IV. Additional Appropriations
The Board of Directors, by the affirmative vote of three members, may amend the budget to add
or delete: appropriations.
ADOPTED
this 10th day of June 2003.1f~:
J!,,#ATTEST:
d.
A-~~~./~"'T Cassandra
J. Ca , Clerk I,
CASSANDRA J. CATHCART, Clerk of the Orange Redevelopment Agency, Orange,California,
do hereby certify that the foregoing Resolution was duly and regularly adopted by the Orange
Redevelopment Agency at a regular meeting thereof held on the 10th day of June 2003,by
the following vote:AYES:
NOES:
ABSENT:
ABSTAIN:
DIRECTORS:
Ambriz, Alvarez, Murphy, Coontz, Cavecche DIRECTORS:
None DIRECTORS:
None DIRECTORS:
None 11""~ ~/
Ad:-Cassandra J.
Ca ,Clerk