HomeMy WebLinkAbout21846 - RESOLUTIONS - 3/7/2007 ' RESOLUTION NO. 21846
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET
FOR THE FISCAL YEAR 2006-07.
WHEREAS Resolution 21611 approving the budget for the fiscal year 2006-07 was
adopted on June 7, 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
12416
No. 001 Redevelopment $545,000
General Fund Agency Loans
Receivable
Purpose: New loan to Merged Area #2 Capital & Admin to cover on-going costs.
SECTION 2. SOURCE: Merged Area #2 is concurrently repaying $545,000 in
loans from the General Fund.
Fund Activity Account Amount
No. 812
Merged Area #2 29301 $545,000
Capital & Admin Fund Balance
ADOPTED THIS 7th day of March, 2007.
S /
David H. Rea ycTC�tyanager
ATTEST:
' es Thompson, City Clerk
Resolution No. 21846
Page 2
CERTIFICATION '
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. 21846 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 7�h day of March, 2007, by
the following vote:
AYES: Councilmember Foat, Councilmember McCulloch, Councilmember Mills, and
Mayor Pro Tem Pougnet.
NOES: None.
ABSENT: Mayor Oden.
ABSTAIN: None.
mes Thompson, City Clerk
ity of Palm Springs, California
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