HomeMy WebLinkAbout2009-01-27; Municipal Water District; Resolution 1347Exhibit 3
1 RESOLUTION NO. 1347
2 A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE CARLSBAD MUNICIPAL WATER DISTRICT (CMWD),
3 ADOPTING OPERATING BUDGET REDUCTIONS FOR
4 FISCAL YEAR 2008-09
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WHEREAS, the Carlsbad Municipal Water District Board (CMWD), City of
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Carlsbad, California has received a presentation regarding the impact of the slowing
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economy on the City of Carlsbad's projected revenues for Fiscal Year 2008-09; and8
9 WHEREAS, the Board of Directors of the Carlsbad Municipal Water District
10 desires to be proactive through this economic uncertainty; and
11 WHEREAS, the Board of Directors of the Carlsbad Municipal Water District has
12 reviewed the proposed Operating Budget Reductions for Fiscal Year 2008-09.
13 NOW, THEREFORE, BE IT RESOLVED by the Carlsbad Municipal Water
14 District Board of the City of Carlsbad, California, as follows:
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1. That the above recitations are true and correct.
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2. That the Carlsbad Municipal Water District's budget is hereby reduced by
the amount of $170,620 designated as Non-General Fund Operating Budget Reduction
19 (Exhibit 1).
20 3. That the Finance Director is hereby directed to reflect these adjustments
21 in the Fiscal Year 2008-09 budget appropriation for the department or fund for which
22 they are designated.
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4. That total adjusted appropriations for each fund may only be increased or
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decreased by the City Council by the adoption of a resolution amending the budget
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except as previously provided.
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1 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the
2 Carlsbad Municipal Water District Board of Directors, Carlsbad City Council and
3 Carlsbad Housing and Redevelopment Commission, held on the 27th day of January,
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2009, by the following vote to wit:
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6 AYES: Board Members Lewis, Kulchin, Hall, Packard and Blackburn.
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8 NOES: None.
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10 ABSENT: None.
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14 CLAUDE A LEWIS, PTesic
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ATTEST:16
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19 LORRAINE M. WOOD, Secretary^ X7
(SEAL) vy
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