HomeMy WebLinkAbout20473 - RESOLUTIONS - 10/2/2002RESOLUTION NO. 20473
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
415 29312 $450,000
Airport Transfers In
Purpose: To provide additional support for Airport bond issues debt service. '
SECTION 2. SOURCE The Passenger Facility Charge Fund has an adjusted cash
balance of about $499,000 at 6/30102.
FUND Activity Account Amount
410 29322 $450,000
Airport PFC Transfers Out
Adopted this 2nd day of October 2002
AYES: Members Hodges, Mills, Oden, Reller—Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
A TEST: CITY OF PALM SPRINGS GALYORNIA
City Cler v City ManageF— Zl"
REVIEWED AND APPROVED AS TO FORM