HomeMy WebLinkAbout18416 - RESOLUTIONS - 6/15/1994 RESOLUTION NO. 18416
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 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
as follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
No. 365 0902 4435 $_`'00,000
Title:
Risk Management Employee Benefits Hospitalization
Purpose: To increase appropriation to cover the overlap between the self-
insured and the indemnity health insurance plans.
SECTION 2 . SOURCE
FUND Activity Account Amount
No. 365 354 leserve for Hospitalizatioi $400,000
302 Unacllocated Fund 100,000
Title: Balance
Risk Management
Adopted this 15th _ day of limp 1994 . ,
P —
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf, and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST: CIT 0 LM SPR CALIFORNIA
By
City Cleik Cl
a cier
-7
REVIEWED AND APPROVED