HomeMy WebLinkAbout19334 - RESOLUTIONS - 7/15/1998 RESOLUTION NO. 19334
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR
THE 1997-98 FISCAL YEAR.
WHEREAS Resolution 19040, approving the budget for the fiscal year
1997-98 was adopted on June 2 , 1997 ; 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 19040,
adopting the budget for the 1997-98 fiscal year is hereby amended
as follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
No. 340 0601 4346 $ 81,279.62
Cost of issuance
PFC PFC Admin. 8139
Terminal Construction 265,931.10
Title:
341 0667 4346
Airport Terminal Expansion Cost of Issuance 96,789.28
Phase 2
Purpose: To appropriate excess PIC revenues collected in FY 97-98 to fund in part the Airport
Terminal Expansion Phase 2 project.
SECTION 2 . SOURCE
FUND Activity Account Amount
No. 340 302 $450,000
Title:
Passenger Facility Retained Earnings
Charge
Adopted this 15th day of July 19Kr . ,
AYES: Members Barnes, Hodges, Oden and Reller-Spurgin
NOES: None
ABSENT:
ASSENT: None
ABSTAIN: Mayor Kleindienst �
ATTEST' CIT O LM SPRkNG , CALIFORNIA
By(fit]erk city anager ---
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REVIEWED AND APPROVED AS TO FORMI