HomeMy WebLinkAbout21773 - RESOLUTIONS - 11/15/2006 1 RESOLUTION NO. 21773
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET
FOR THE 2006-07 FISCAL YEAR.
WHEREAS Resolution No. 21611 approving the budget for the fiscal year 2006-07 was
adopted on the 7th of June, 2006: 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 21611, adopting the budget for the 2006-07 fiscal year is hereby amended as
follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
540 Earthquake 5905-48655 $462,281 A0
Insurance
Purpose: To provide additional funds for additional earthquake coverage.
SECTION 2. SOURCE
Fund Activity Account Amount
540 Fund Balance 0000-29301 $462,281.00
ADOPTED THIS 15" day of November, 2006.
David H. Ready, anager
ATTEST: ��yy
es Tho�mp�City Clerk
Resolution No. 21773
Page 2
CERTIFICATION I
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 21773 is a full, true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on the 151"day of November, 2006,
by the following vote:
AYES: Councilmember Pougnet, Mayor Pro Tem Foat, and Mayor Oden.
NOES: Councilmember McCulloch.
ABSENT: Councilmember Mills.
ABSTAIN: None.
?Ee�s Thompson, City Clerk of Palm Springs, California