RES-ORA-0333 Redevelopment Agency Budget FY 1997-98RESOLUTION NO. ORA-
0333 A RESOLUTION OF THE ORANGE REDEVELOPMENT
AGENCY ADOPTING SAID AGENCY'S BUDGET FOR
THE FISCAL YEAR 1997-98 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:ill:TION I. Adoption
of Budget The Orange Redevelopment Agency budget for the Fiscal Year 1997-
98, 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 199T-98. 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. 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 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
SECTION IV. Additional Appropriations
The Board of Directors, by the affirmative vote of three members, may amend the
bud~]et to add or delete appropriations.
ADOPTED this 27th day of May 1997.
J-~TEST:
U4~~-4-
d-Clerk, Orange evelopment
Agency J9' NE
COONTZ h) irman, Orange
Redevelopment
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
2.1.:tl:l day of Mav I 1997, by the following vote:
AYES:DIRECTORS: MURPHY, SLATER, COONTZ, SPURGEON ALVAREZ
NOES:DIRECTORS: NONE
ABSENT:DIRECTORS: NONE
ABSTAIN:DIRECTORS: NONE
Reso. No. ORA-
0333C.
444t-zdh &~~City Clerk of t ity
of Orange 2-