HomeMy WebLinkAbout19776 - RESOLUTIONS - 5/3/2000 RESOLUTION NO. 19776
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR
THE 1999-00 FISCAL YEAR.
WHEREAS Resolution 19541 approving the budget for the fiscal year 1999-00 was
adopted on June 16, 1999; 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 19541, adopting the budget for the 1999-00 fiscal year is hereby amended as
follows:
SECTION 1. ADDITIONS
FUND Activity Account Amount
No. 261 2493 51517 $306,000
Library Parking Lot
Title: Capital Park Improvements 51518 $214,000
Projects Fund City Hall Parking
Lot
51509 $ 80,000
Parking Lot Recon-
Sunrise Park
Purpose:To provide funds for the reconstruction of parking lots. About half of the City Hall
lot will be done.
SECTION 2. SOURCE
Retained earnings in the Risk Management Fund to reduce future loss exposure.
FUND Activity Account Amount
No. 540 29302 $600,000
Title: Risk Retained Earnings
Management
Resolution No. 19776
Page 2 '
Adopted this 3rd day of May , 2000.
AYES: Members Hodges, Jones, Oden, Reller—Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
ATTEST: JI CITY OF PALM SPRINGS, CALIFORNIA
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City Clerk City Manager
REVIEWED AND APPROVED AS TO FORM