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HomeMy WebLinkAbout18947 - RESOLUTIONS - 12/18/1996 RESOLUTION NO. 18947 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 1996-97 FISCAL YEAR. WHEREAS Resolution 18840, approving the budget for the fiscal year 1996-97 was adopted on June 19, 1996; 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 18840, adopting the budget for the 1996-97 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND Activity Account Amount No. ill 0101 New $28, 000 Title: General City Council Fiber Optic Fund Project Purpose: To provide funds for consulting services for evaluation of City fiber optic project and development of a telecommunication based business plan. SECTION 2 . SOURCE Fund Balance in General Fund FUND Activity Account Amount No. 17.1 349 $28, 000 Title: General Fund Reserve for Contingencies Adopted this 18th day of — Deaem#er , 1996 . AYES: Members Barnes, Hodges, Oden, Spurgin and Mayor Kleindienst ! NOES: None ®®®"`��� ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Clerk � City Manager REVIEWED AND APPROVED AS TO FORM ✓✓✓✓ y/���