Loading...
HomeMy WebLinkAbout24285 RESOLUTION NO. 24285 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2017-18. WHEREAS, Resolution No. 24238 approving the Budget for the Fiscal Year 2017-1018 was adopted on June 7, 2017; and WHEREAS, The City Manager has recommended, and the City Council desires to approve, certain amendments to said budget. NOW THEREFORE THE CITY COUNCIL DETERMINES, RESOLVES AND APPROVES AS FOLLOWS: that the Director of Finance is authorized to record interfund cash transfers as required in accordance with this Resolution, and Resolution No. 24238, adopting the Budget for Fiscal Year 2017-18 is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount 001 General Fund 1150 City Clerk 43860 Elections $30,000 Purpose: To cover City's cost to submit a measure approving and implementing a gross receipts tax on cannabis business activity and a cultivation tax on commercial cannabis cultivators to the electorate at the November 7, 2017, general municipal election. SECTION 2. SOURCE Fund Activity Account Amount 001 General fund 29301 Fund $30,000 Balance ADOPTED THIS 26T" DAY OF JULY, 2017. David H. Ready, Esq., Ph. ATTEST: City Manager 4�32L Kathleen D. Hart, MMC Interim City Clerk Resolution No. 24285 Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, KATHLEEN D. HART, Interim City Clerk of the City of Palm Springs, hereby certify that Resolution No. 24285 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 Jul 26, 2017, b 9 9 Y YY Y the following vote: AYES: Councilmembers Kors, Mills, Roberts, Mayor Pro Tern Foat, and Mayor Moon NOES: None ABSENT: None ABSTAIN: None RECUSED: None KATHLEEN D. HART, MMC INTERIM CITY CLERK