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HomeMy WebLinkAbout19944 - RESOLUTIONS - 12/6/2000 RESOLUTION NO. 19944 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 2000-01 FISCAL YEAR. WHEREAS Resolution 19817 approving the budget for the fiscal year 2000-01 was adopted on June 21, 2000; 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 19817, adopting the budget for the 2000-01 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS FUND Activity Account Amount No.415 29304 $1,626,999 Budgeted Title: Airport Transfers In Purpose: To cover debt service costs from the Series 1992 Airport Revenue Bonds and the interest cost of the Series 1998 Airport Revenue Bonds for Fiscal Year 2000-01, contingent upon availability of funds in the Airport PFC fund. SECTION 2. SOURCE FUND Activity Account Amount No. 410 29306 $1,626,999 Budgeted Title: Airport PFC Transfers Out Adopted this Fth day of December . 2000. AYES: Members Hodges, Jones, Oden, Reller—Spurgin and Mayor Kleindienst NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA City Clerk City Mana er REVIEWED AND APPROVED 16rd