HomeMy WebLinkAbout20474 - RESOLUTIONS - 10/2/2002RESOLUTION NO. 20474
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, AMENDING THE BUDGET FOR THE 2002-03
FISCAL YEAR.
WHEREAS Resolution 20357 approving the budget for the fiscal year 2002-03 was adopted
on June 5, 2002; 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
20357, adopting the budget for the 2002-03 fiscal year is hereby amended as follows:
SECTION 1. ADDITIONS
Fund
Activity Account
Amount
415
29312
Not to exceed annual
Airport
Transfers In
debt service*
Purpose To amend the amount of the transfer of PFC funds from a fixed amount ($1.2
million) to an amount not to exceed the Airport Fund's debt service.
SECTION 2. SOURCE PFC charge was increased from $3 to $4.50 on 1/1/02.
Fund Activity Account Amount
410 29322
Airport PFC Transfers Out
Adopted this 2nd day of October 2002. * 1,780.154 in FY 02-03
AYES: Members Hodges, Mills, Oden, Reller-Spurgin and Mayor Kleindienst
NOES: None
ABSENT: None
ATTEST: CITY �O' F. PALM SPRINGS, CALIFORNIA
City C9 City Mang`
REVIEWED AND APPROVED