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HomeMy WebLinkAbout18977 - RESOLUTIONS - 2/19/1997 RESOLUTION NO. 18977 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 3-8840, adopting the budget for the 1996-97 fiscal year is hereby amended as follows: SEC.'TION 1. ADDITIONS FUND Activity Account Amount No. ill 301 $135, 000 Title: General Fund Fund Balance Purpose: To adjust revenue estimates at laid-year. SECTION 2 . SOURCE FUND � Activity Account Amount No. ill 3101 Secured Prop Tax <$200, 000> 3112 Doc. Stamp Tax $ 40, 000 3611 Spec P.D. Serv. $ 50, 000 3401 Interest Income $300, 000 3614 Lib Fines & Fees < 41, 000> Title: 3423 Lib Facil. Rent < 9 , 000> General 3646 Lib Nan-Res User < 5, 000> Adopted this 19th day of February 1997 . AYES• Members Barnes, Hodges, Oden, Spurgin and Mayor Kieindienst NOES: None ABSENT: None ATTEST: CIT O SP - CALIFORNIA City Clerk Ci{ Sanager REVIEWED AND APPROVED AS TO FORM