HomeMy WebLinkAbout20083 - RESOLUTIONS - 6/20/2001 RESOLUTION NO. 20083
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. 851 8204 49625 $300,000
Title: Merged Area #1 N. Palm Canyon City Loan Principal
Debt Service
' Purpose: Pay back $300,000 in loans from the General Fund effective 6/21/01.
SECTION 2. SOURCE Surplus funds from Tax Increment have accumulated in Fund
Balance.
FUND Activity Account Amount
No. 001
12416 $300,000
Title: General Fund
Redevelopment
Agency Loans
Receivable
Adopted this 20th day of June , 2001
AYES: Members Hodges, Oden, Reller—Spurgin and Mayor Kleindienst
NOES: Member Jones
ABSENT: None
C�� � CITY OF PALM SPRY LIFORNIA
City lerkl�
City Manager
REVIEWED AND APPROVED AS TO FORM
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