HomeMy WebLinkAboutCity Council - 6428 RESOLUTION NO. 6428
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH AMENDING RESOLUTION NO. 4832
IN REGARD TO BUDGET CONTROL
WHEREAS , the purpose of this resolution is to insure
responsible fiscal control. of unbudgeted items presented to
the City Council in the form of ordinances , resolutions , ;minute
actions , appropriations , orders for the payment of money, and
contracts where such action shall or may have an impact upon
the budget. The basic assumption underlying this resolution is
that action to amend the annual budget must be preceded by and
based upon an understanding and disclosure of the impact of
such action upon t-he budget . It is recognized that a fiscally
responsible budgetary ;process requires a budget in balance and
that any budget amendment that may affect such balance must be
preceded by thorough study and analysis . {adhere unbudgeted
e:rr-)entjitures are authorized by the City Council , it is the
policy of the city that adequate provision must first be made
for the funding of such proposals through the budgetary amendment
process so that the budget remains in balance .
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Huntington Beach as follows :
SECTION 1 . ACTIONS TO UABALANCE BUDGET PROHIBITED. The
City Council shall not take any action whether by adoption of
ordinance , resolution, minute action, appropriation, order for
the expenditure of money, or otherwise , which will result in
anticipated expenditures for the current fiscal year exceeding
1 .
the total of anticipated revenues for the current fiscal year
plus all other available funds .
SECTION 2. FINANCIAL ANALYSIS REQUIRED. The City
Administrator with the assistance of the staff, shall prepare and
transmit to the City Council , together with any ordinance ,
resolution, appropriation, request for order of expenditure
of money, or any other request for action which is not funded
in the current fiscal year ' s budget, a detailed financial
analysis of the proposed action, giving the impact, both positive
and negative , upon the city ' s budget. A cash flow time analysis
shall be included to compare proposed cash outlay timing with
cash receipt schedule from the revenue source proposed. Such
analysis shaI.l be contained in a report entitled, "Financial
Impact Report. "
SECTION 3. REVIEW OF FINANCIAL IMPACT REPORT BY CITY COUNCIL
REQUIRED FOR UNBUDGETED ITEMS. The City Council shall not adopt
any ordinance, resolution, appropriation, order for payment of
money, minute action or any other action, without first reviewing
the Financial Impact Report and without first making adequate
provision for the funding necessary to support such action and
to keep the budget in balance . The provisions contained herein
shall apply to unbudgeted items and to items which cost more
money than the amount budgeted for such items .
SECTION 4. AMENDMENTS TO BUDGET. Whenever during the
fiscal year anticipated revenues fall below projections , the
City Administrator shall. transmit to the City Council proposed
amendments in the city' s budget which will bring the budget .into
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6428
balance so that no deficit shall be created or maintained.
SECTION 5 . This resolution shall not apply to any proposed
unbudgeted expenditure less than five thousand dollars ( $5 , 000 )
unless such proposed expenditure may reasonably be expected to
result in other related or continuing expenditures .
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a regular meeting thereof held on the
21st- day of September 1992 .
Mayor
ATTEST : APPROVED AS TO FORM:
•
City Clerk lor C ' ty Attorney flie-l��
INITIATED AND APPROVED:
City�dministrator
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Res, No. 6428
STATE OF CALIFORNIA
COUNTY OF ORANGE ss: '
CITY OF HUNTINGTON BEACH )
I , CONNIE BROCKWAY, the duly elected, qualified City
Clerk of the City of Huntington Beach, and ex-officio Clerk of the
City Council of said City, do hereby certify that the whole number of
members of the City Council of the City of Huntington Beach is seven;
that the foregoing resolution was passed and adopted by the affirmative
vote of at least a majority of all the members of said ,City Council
at a regular meeting thereof held on the 21st day
of seplZ ber 19 92 , by the following vote:
AYES: Councilmembers:
Robitaille, Moulton-Patterson, Winchell, Silva, Green, MacAllister, Kelly
NOES: Councilmembers:
None
ABSENT: Councilmembers:
None
eri -ayTd ex-o ace er
of the City Council of the City
of Huntington Beach, California