HomeMy WebLinkAbout2007 CC RESO 2007-233 CDCRESOLUTION NO. 2007 — 233
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY ADOPTING
A FINAL BUDGET FOR THE FISCAL YEAR 2007-2008
WHEREAS, on October 2, 2007, the Executive Director of the Community
Development Commission of the City of National City submitted a recommended budget for the
2007-2008 fiscal year, which has been discussed and deliberated in public session.
NOW, THEREFORE, BE IT RESOLVED by the Community Development
Commission of the City of National City that the budget for the fiscal year beginning July 1,
2007, with Community Development Commission expenditures totaling $28,239,992, is hereby
approved, adopted, and appropriated.
BE IT FURTHER RESOLVED that the fund appropriations set forth in Exhibit "A"
(Projected Expenditures) column shall be the maximum expenditures authorized for those
funds. The Executive Director is hereby authorized to make budgetary revisions within and
between budget line items within a fund.
BE IT FURTHER RESOLVED that the Executive Director is hereby authorized to
transfer monies up to the maximum set forth in the Transfers column in Exhibit "A".
BE IT FURTHER RESOLVED that the Community Development Commission of
the City of National City does hereby authorize and approve the number and classification of
employees in the respective functions, departments and/or activities as set forth in the fiscal
year 2007-2008 budget.
PASSED and ADOPTED this 2nd day of Octotaer, 2117.
on Morrison, Chairman
ATTEST:
APPROVED AS TO FORM:
George H.-Eiser, III
Legal Counsel
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY
BUDGET ANALYSIS BY FUND - ALL FUNDS, FINAL BUDGET
FISCAL YEAR 2007-2008
Fund
Number
Fund Title
Fund Balance Projected
07/01/2007 Revenue
Proceeds- Inter -Fund
Land Sale Transfers
Projected Fund Balance
Expenditure 07/01/2008
160 CDBG
162 Section 8
164 Home Improvement Loan Program
165 HOME
Land Held for Resale
Total HOME Fund
261 Debt Service Fund
360 Capital Projects Fund
Land Held for Resale
Total Capital Projects Fund
362 Low & Moderate Income Housing Set Aside
Land Held for Resale
Total Low & Mod Income Housing
392,100
(1,401,445)
2,782,526
1.135,200
9,105,116
17,000
1,501,597 599,067
1,705,802
3,207,399
2,739,122 4,817,454
6,889,603
11,074,334
17,963,937
7,651,208 4,090,000
5,097,219 2,859,141
360,000
5,457,219
832.964
360.000 (832,964)
1,135,220
8,841,054
1,000,000
593,067
5,921,319
9,140,768
1.608,564
392,080
(1,137,383)
0
1,799, 526
1,507,597
1,705,802
3,213,399
0
2,468,221
9,490,043
6.984,334
16.474,377
0
5.874,832
0
5,874,832
0
Total All Budgeted Funds 31,140,858 26,184,186 4,450,000
„V„ LTITHXH
0 28,239,992 29,085,052
Passed and adopted by the Community Development Commission of the City of National
City, California, on October 2, 2007, by the following vote, to -wit:
Ayes: Commissioners Natividad, Parra, Ungab, Zarate.
Nays: None.
Absent: Commissioner Morrison.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman, Community Development Commission
Secret naR utpitirbevelopment Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2007-233 of the Community Development Commission of the City of
National City, Califomia, passed and adopted on October 2, 2007.
Secretary, Community Development Commission
By:
Deputy