HomeMy WebLinkAbout18972 - RESOLUTIONS - 2/5/1997 RESOLUTION NO. 18972
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, AMENDING THE BUDGET FOR THE 1996-97
' FISCAL YEAR.
WHEREAS Resolution 18440, approving the budget for the fiscal year 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
18440 adopting the budget for the 1996-97 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. 135 0371 8036 $60,000
Title: Drainage Central Line 20
Drainage Zone El Cielo (Sunny
Dunes-Ramon)
' Purpose: Provide funding and authorize payment of $210,000 to Riverside County Flood
Control District for Line 20 (Stage 2) storm drain construction on El Cielo Rd.,
(Sunny Dunes to Ramon Rd.) in the "Central" drainage area (see 2/5/97 Council
Report). There is a current balance of$150,000 in the above account, requiring
an additional $60,000 transfer.
SECTION 2. SOURCE — Drainage fees collected in prior fiscal years.
— FUND ACTIVITY ACCOUNT AMOUNT
No. 135 . 301 $60,000
Title: Drainage — Fund Balance
Adopted this 5th day of February _ 19 96
AYES: Members Barnes, Hodges, Oden, Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
' ATTEST: CITY # 6
PALM SPRIN IFORNIA
By,-4
L�^City Clerk ity and er
APPROVED AS TO FORM