HomeMy WebLinkAbout17550 - RESOLUTIONS - 6/19/1991 RESOLUTION NO. 17550
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
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 AMOUNT
No, 365 0904 4494 $550,000
Title:
Liability Reserve
• Purpose: Fund for continued handling of new and outstanding claims
and litigation for F/Y 1990-91 .
SECTION 2. SOURCE
FUND ACTIVITY ACCOUNT AMOUNT
No. 365 346 $550,000
Title:
Risk Management
Reserve for
Liability Claims
Adopted this 19th day of June 1991 .
" AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono
NOES: None
ABSENT: None
ATTEST.:._.., CI Y LM P NGS, �ORNIA
By
City Clerk Ci Man r
REVIEWED & APPROVED — p�