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RES-ORA-0410 Adopting Said Agency's Budget FY 2002-03RESOLUTION NO. ORA- 0410 A RESOLUTION OF THE ORANGE REDEVELOPMENT AGENCY ADOPTING SAID AGENCY'S BUDGET FOR THE FISCAL YEAR 2002-03 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 bud2et The Orange Redevelopment Agency budget for the Fiscal Year 2002-03, 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 2002-03. 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 behveen 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 SECT][ON 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 28th day of May 2002. Mark . Murphy,Chai a. Orange Redevelopment Agency ATTEST: Cassandra J. Cat 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 28th day of May 2002, by the 1i>llowing vote: AYES: DIRECTORS: SLATER, ALVAREZ, MURPHY, COONTZ, CAVECCHE NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE ABSTAIN: DIRECTORS: NONE t!rill?"~A~'-(~Cassandra. thcart, Agency Clerk m_~___'____.._ n__.__.._._,_._._____..__