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HomeMy WebLinkAbout18710 - RESOLUTIONS - 10/11/1995 RESOLUTION NO. 18710 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1995-96 FISCAL YEAR. WHEREAS Resolution 18635, approving the budget for the fiscal year 1995-96 was adopted on June 21, 1995; 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 18635, adopting the budget for the 1995-96 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND Activity Account Amount No. 361 0470 4325 $791,888 Title: Motor Vehicle Fleet Operations Land Leases & Rental ' Purpose: To provide funds for the payment of over-stated in-Lieu property tax and land rent for the Corporation Yard from 10/1/90 through 9/30/95 to the Airport Fund. SECTION 2 . SOURCE FUND Activity Account Amount No. 361 302 $791,888 Title: Motor Vehicle Retained earnings Replacement Adopted this 11th day of October , 1995. AYES: Members Hodges, Lyons, Reller-Spurgin and Mayor Maryanov NOES: None ABSENT: Member Kleindienst ATTEST_ : CITY O PA SP GS, IFORNIA By `- City Clerk City nager REVIEWED AND APPROVED AS TO FORM ay m ��