HomeMy WebLinkAbout18123 - RESOLUTIONS - 6/22/1993 RESOLUTION NO. 18123
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR
THE 1992-93 FISCAL YEAR.
WHEREAS Resolution 17894, approving the budget for the fiscal year
1992-93 was adopted on June 23, 1992; 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 17894 ,
adopting the budget for the 1992-93 fiscal year is hereby amended
as follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. 850 301
$400, 000
Title: Fund Balance
Purpose: To fund costs of formation of CRA Project Area #10
SECTION 2. SOURCE Loan at 6% annual interest, to be repaid from
tax increment
FUND ACTIVITY ACCOUNT AMOUNT
No. 342 302
Title: Retained Earnings $400, 000
WastewatCr
Fund
Adopted this 22nd day of June 19 93 .
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST: CITY F PALM SPRINGS CA ORNIA
BY
/City Clerk City eager
REVIEWED AND APPROVED
J '