HomeMy WebLinkAboutResolutionRESOLUTION NO. 2011 _ 46
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY
APPROVING AND ADOPTING THE FY 2010-2011
MID -YEAR BUDGET CHANGES
WHEREAS, on June 22, 2010, the Community Development Commission of the
City of National City ("CDC") adopted Resolution No. 2010-147 adopting the budget for FY
2010-2011 that was modeled on the FY 2009-2010 budget with minor modifications; and
WHEREAS, as part of the mid -year review process, the Finance Department
reviewed the first six months for actual revenue and expenditures, and projected the last six
months of the fiscal year; and
WHEREAS, the mid -year budget review was presented to the CDC and
members of the public on February 5, 2011; and
WHEREAS, the General Fund is on target with the original budget and there are
no significant changes recommended; and
WHEREAS, the CDC's Executive Director has recommended approval of the
mid -year budget changes as summarized in the attached Exhibit "A".
NOW, THEREFORE, BE IT RESOLVED that the Community Development
Commission of the City of National City hereby approves and adopts the FY 2010-2011 mid-
year budget changes, attached hereto as Exhibit "A'.
PASSED and ADOPTED this 15th day of February, 2011.
Ron Morrison, Chairman
ATTEST:
Brad Rauiston, Secretary
APPROVED AS TO FORM:
Claudia G. Silva
CDC General Counsel