HomeMy WebLinkAbout17533 - RESOLUTIONS - 6/5/1991 RESOLUTION NO. 17533 '
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, L
CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91
FISCAL YEAR.
WHEREAS Resolution 17193 approving the budget for the fiscal year
1990-91 was adopted on July 11 , '1990 ; and
WHEREAS the City Manager has recommended, and the City Council desires
to approve, certain amendments to said budget;
NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized
to record inter-fund cash transfers as required in accordance with
this Resolution, and that Resolution 17193, adopting the budget for
the 1990-91 fiscal year is hereby amended as follows: `
SECTION 1 . ADDITIONS
FUND ACTIVITY _ ACCOUNT AMUUN-f
No. 811 301
Title: CBD Fund Balance $330,000
Capital Projects
Purpose: To restore CBD to a positive cash balance position.
SECTION 2. SOURCE
Loan from Wastewater Fund, interest at 6% to be repaid from
tax increment.
FUND ACTIVITY ACCOUNT AMOUNT
No. 342 302
$330,000
Title:
Wastewater Fund RYtained
Earnings
Adopted this 5th Y day of __,tune 19 91 .
AYES: Councilmembers Broich, Murawski , Neel and Mayor Bono
NOES: Councilmember Hodges
ABSENT: None
ATTEST:
CIT P ilrS C IfORNIA
By
City C er ty Manage
REVIEWED & APPROVED