HomeMy WebLinkAbout18287 - RESOLUTIONS - 1/26/1993 RESOLUTION NO. 18287 _
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, AMENDING THE BUDGET FOR THE 1993-94
' FISCAL YEAR.
WHEREAS Resolution 18129, approving the budget for 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
as follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
161 Capital Projects 0491 Street Improvements 7594 Handicap Ramps 93-13 $45,000
Purpose: To provide funding for additonal handicap ramp installations
per City Council Discussion January 19, 1994.
SECTION 2. SOURCE
' FUND ACTIVITY ACCOUNT AMOUNT
161 Capital Projects 3891 Bond Proceeds $45,000
Description: Refinancing of 1989 bond issue for 3/1/94 redemption freed up
$660,000 from a reserve fund that must be spent on Capital Projects.
Adopted this 26th day of January 1993.
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST_ r CITY LM RIN LIFORNIA
I
BY
' City Clerk /1 City Manag
REVIEWED AND APPROVED