RES-ORA-0342 Adopting City Budget FY 1998-99RESOLUTION NO. ORA-
0342 A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY ADOPTING SAID AGENCY'S BUDGET
FOR THE FISCAL YEAR 1998-99 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 1998-
99, 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 Agency for the Fiscal Year 1998-99. 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.SEGTION II. Transfer of
Funds Within and Between Appropriations A. Transfers of Funds within an operating
appropriation - Department Heads may transfers 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 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 theBoard of Directors.s..e..CTION 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
s.E!:::TION IV. Additional Appropriations
The! Board of Directors, by the affirmative vote of three members, may amend the
buclget to add or delete appropriations.
ADOPTED this 26th day of May 1998.
ATrEST:
C~-Z<-,,' c," ,qANNE '
COONTZ /'Chairman,
Orange Redevelop nt Agency Cb.~
tJ:1.f;dt/AA~Clerk,
Orange Redevelopment Agency 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 26th
day of May , 1998, by the following vote:AYES:
DIRECTORS: MURPHY, SLArER, COONTZ, SPURGEON, ALVAREZ NOES:
DIRECTORS: NONE ABSENT:
DIRECTORS: NONE ABSTAIN:
DIRECTORS: NONE 1
A<
d(tj~Cassandra
J. C cart City
Clerk of the City of Orange Reso.
No. ORA-0343 2-HB:JA:cdl