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HomeMy WebLinkAbout18229 - RESOLUTIONS - 11/17/1993 i •• RESOLUTION NO. 18229 r OF THE CITY COUNCIL OF THE CITLGET OF PALM SPRINGS, CALIFORNIA, AMENDING THE FOR THE 1993-94 FISCAL YEAR. { WHEREAS Resolution 18129, approving the budget for the fiscal year 1993-94 was adopted on June 23, 1993; 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 18129, adopting the budget for the 1993-94 fiscal year is hereby amended r as follows: SECTION 1. ADDITIONS FUND ACTIVITY ACCOUNT AMOUNT No. 365 0904 4494 $300,000 Title: Risk Mngt. Liability Ins. Liability Reserve Purpose: To reimburse over-expenditure and to provide the funds necessary for the remainder of the fiscal year. SECTION 2. SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 365 346 $300,000 Title: Risk Mngt. Reserve for Liability Claims Adopted this 17th day of November 1993 . AYES: Councilmembers Hodges, Lyons, Reller-Spurgin,Schlendorf & Mayor Maryanov NOES: None ABSENT: None y ATTEST: Ic Y ALM RI G CALIFORNIA .� By �y Clerk Ci . t anager Nj REVIEWED AND APPROVED ?, � e916