HomeMy WebLinkAbout23756 RESOLUTION NO. 23756
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ADJUSTING THE
BUDGET FOR FISCAL YEAR 2014-15.
WHEREAS, Resolution No. 23560 approving the Budget for the Fiscal Year
2014-2015 was adopted on June 4, 2014; 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 cash
transfers and expenditures as required in accordance with this Resolution, and
Resolution No. 23560, adopting the Budget for Fiscal Year 2014-15 is hereby amended
as follows:
SECTION 1. ADDITIONS
Fund Activity Account Amount
325 7871 49620 $130,000
325 7871 1,000
326 7874 49620 105,000
326 7874 1,000
327 7875 49620 165,000
327 7875 1,000
001 37113 3,000
Purpose: Transfer surplus in the Acquisition and Construction Fund held by Fiscal
Agent and Assessment Revenue Fund held by City for Assessment District No. 161,
Assessment District No. 162, and Assessment District No. 164, such surplus to the be
used for the early redemption of the respective assessment district's Limited Obligation
Improvement Bonds.
SECTION 2. SOURCE
Fund Activity Account Amount
325 29301 $131,000
326 29301 $106,000
327 29301 $166,000
Resolution No. 23756
Page 2
ADOPTED THIS 21ST DAY OF JANUARY, 2015.
DAVID H. READY, Cl ER
ATTEST:
/,YIaMES THOMPSON, CITY CLERK
v 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. 23756 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 215` of January, 2015, by
the following vote:
AYES: Councilmember Foat, Councilmember Hutcheson, Councilmember Mills,
Mayor Pro Tern Lewin, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
ES THOMPSON, CTY CLIERK
City of Palm Springs, Californiia
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