RES-ORA-0313 Adopting Redevelopment Agency Budget FY 1996-97RESOLUTION NO. ORA-
0313 A RESOLUTION OF THE ORANGE
REDEVELOPMENT AGENCY ADOPTING SAID AGENCY'S BUDGET
FOR THE FISCAL YEAR 1996-97 AND
RELATING TO TRANSFERS OF FUNDS BETWEEN
AND WITHIN APPROPRIATIONS, TRANSFERS
BElWEEN FUNDS,AND
ADDITIONAL APPROPRIATIONS.NOW, THEREFORE, BE IT RESOLVED by the Orange
Redevelopment Agency
as follows:SECTION I AdoDtionof
Bud!!et The Orange Redevelopment Agency budget for the Fiscal Year 1996-
97, 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 1996-97. 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 and Debt
Service are listed in the Schedule of New Capital Improvement Projects and the
Schedule
of Debt Service Payments.SECTION II Transfers
of Funds Between ADDroDriations The Agency may, by the affirming vote of
three members, transfer between appropriations as set forth
in the Budget Document.SECTION m Transfer of
Funds Within an ADDroDriation Department Heads may transfer funds
between non-salary object group classifications of programs within their
operating departmental appropriation with the approv:al of the Finance Director. The Executive Director's
approval is required to transfer funds toO or from salary
accounts within a departmental appropriation.SECTl[ON IV
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 V Additional Aoorooriation
The Board of Directors, by the affinnative vote of three members, may amend the
budget to add or delete appropriations.
ADOPTED this 28th day of May 1996.
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7'::':
6Z/~)C.. _ C:>-z-?7 pI?,'Joanne
Coontz /1 Chairman,
Orange Redevelophi~nt Agency ATTEST:
I
hereby certify that the foregoing Resolution was duly and regularly adopted by the Orang€~
Redevelopment Agency at a regular meeting thereof held on the 28th day of
May , 1996, by the following vote:AYES:
DIRECTORS: MURPHY, BARRERA. COONTZ, SPURGEON, SLATER NOES:
DIRECTORS: NONE ABSENT:
DIRECTORS: NONE ABSTAIN:
DIRECTORS:Reso.
No. ORA-0313 2-HB:cdl