HomeMy WebLinkAbout20282 - RESOLUTIONS - 2/20/2002 RESOLUTION NO. 20282
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, ,
CALIFORNIA,AMENDING THE BUDGET FOR THE 2001-02
FISCAL YEAR.
WHEREAS Resolution 20062 approving the budget for the fiscal year 2001-02 was adopted
on June 6, 2001; 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
20062, adopting the budget for the 2001-02 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
001 12416
General Fund Redevelopment $100,000
Agency
Loan Receivable
Purpose New loan to Merged Area#2 Capital &Admin Fund to cover on-going costs. ,
SECTION 2. SOURCE Merged Area#2 is concurrently paying back $100,000 in
loans from the General Fund.
FUND Activity Account Amount
812 29301
Merged Area#2 Fund Balance $100,000
Capital &Admin
Adopted this 20th day of February , 2002.
AYES: Members Oden, Reller-Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
ABSTAIN- Member Mills
ATTEST--� CITY OF PALM SPRINGS, CALIFORNIA
City Clerk City an jgef '
REVIEWED AND APPROVED U