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HomeMy WebLinkAbout20554 - RESOLUTIONS - 2/19/2003 RESOLUTION NO. 20554 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 125 1280 54034 $25,000 Recycling Purpose To provide balance of funding for the upgrade of procurement software. SECTION 2. SOURCE (Accumulated fund balance is $4.2 million) Fund Activity Account Amount 125 Recycling 29301 $25,000 Fund Balance Adopted this 19thday of February , 2003. AYES: Members Hodges, Mills, Oden, Reller-Spurgin and Mayor Kleindienst NOES: None ABSENT: None ATT S CITY OF PALM SPRINGS, CALIFORNIA City Clerk City Manna ver-- REVIEWED AND APPROVED ,