RES-ORA-0433 Adopting Redevelopment Agency Budget FY 2004-05RESOLUTION NO. ORA-
0433 A RESOLUTION OF THE
ORANGE REDEVELOPMENT AGENCY ADOPTING
SAID AGENCY'S BUDGET FOR THE FISCAL YEAR
2004-05 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 ofbndl!
et The Orange Redevelopment Agency budget for the Fiscal Year 2004-05, 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 2004-05. 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 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 affirmative
vote of three members.
SECTION IV. Additional Appropriations The Board of Directors, by the affirmative vote of three members, may amend
the budget to
ADOPTED this 8th day of June 2004.
ATTEST:
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M~~lerk
I, MARY E. MURPHY, City Clerk of the City of 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 8th day of June 2004, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN :
DIRECTORS: Ambriz, Alvarez, Murphy, Coontz, Cavecche
DIRECTORS: None
DIRECTORS: None
DIRECTORS: None
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