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HomeMy WebLinkAbout18590 - RESOLUTIONS - 4/19/1995 RESOLU`.PION NO. 18590 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1994-95 FISCAL YEAR. WHEREAS Resolution 18409 , approving the budget for the fiscal year ' 1994-95 was adopted on June 15, 1994 ; 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 18409, adopting the budget for the 1994-95 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND PCTIVITY ACCOUNT AMOUNT No. 365 0904 4494 $594, 000 Title: Risk Liability Management Reserve Purpose: Transfer to cover Liability Settlements and Judgements SECTION Z . SOURCE FUND ACTIVITY ACCOUNT AMOUNT No. 365 346 $594 , 000 Title: Risk Fund Balance Management ADOPTED this 19th _ day of April , 1995. AYES: Members Kleindienst;, Lyons, Reller-Spurgin & Mayor Maryanov NOES ABS ENT: None ABSENT: Member Hodges ATTEST: CI OF PALM SP IG ', 'ALIFORNIA By- Cty Clerk City Manag r REVIEWED AND APPROVED l�