HomeMy WebLinkAbout18978 - RESOLUTIONS - 2/19/1997 RESOLUTION NO. 18978
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 n4'cti.vity Account Amount
No. ill 304 $150, 000
Title:
General Transfers In
Purpose:To amend budget to provide for a transfer from the Risk
Management Fund to the General Fund.
SECTION 2 . SOURCE Funds are available because of prior savings
in insurance and liability costs.
FUND Activity Account Amount
140. 365 306 $150, 000
Title:
Risk Management Transfers Out
Adopted this 19th day of February , 1997. '
AYES: Members Barnes, Hodges, Oden, Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
ATTEST: CITY OF PALM 'SPRI - S, -�LIFORNIA
BY. I ��
City Clerk City a
REVIEWED AND APPROVED AS TO FORM—(* _Z' :