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HomeMy WebLinkAbout18599 - RESOLUTIONS - 5/3/1995 RESOLUTION NO. 18599 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 3.994-95 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 Activity Account Amount No. 111 306 ($1,000,000) Title: General Budgeted Transfers Out ' Purpose: To reduce General Fund Transfer to the Debt Service Fund for the support of the Convention Center bond issue. SECTION 2 . SOURCE FUND Activity Account Amount No. 151 304 ($1,000,000) Title: Debt Service Budgeted Transfers In ' Adopted this ,3rd day of May 1995. AYES: Members Hodges, Kleindienst, Lyons, Reller-Spurgin NOES: None ABSENT: Mayor Maryanov ATTEST: CI(YMLM SP 1NG CALIFORNIA BY City Clerk Ma ger REVIEWED AND APPROVED AS TO FORM