HomeMy WebLinkAbout23065 RESOLUTION NO. 23065
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AMENDING THE 2011-2012
FISCAL YEAR BUDGET.
WHEREAS, Resolution No. 22926 approving the Budget for the Fiscal Year
2011-2012 was adopted on June 1, 2011; and
WHEREAS the City Manager has recommended, and the City Council desires to
approve, certain amendments to the budget for Fiscal Year 2011-12.
NOW THEREFORE THE CITY COUNCIL DETERMINES, RESOLVES AND
APPROVES AS FOLLOWS:
SECTION 1. The Director of Finance is authorized to record inter-fund cash
transfers as required in accordance with this Resolution, and Resolution No. 22926,
adopting the Budget for Fiscal Year 2011-12 is hereby amended as follows:
SOURCE(S):
Fund Activity Account Amount
001 29301 $ 500,000
General Fund Fund Balance
ADDITION(S):
Fund Activity Account Amount
001 1400 Pending $ 500,000
General Fund Community & Fashion Plaza
Economic Financing
Development Agreement
PURPOSE: Advance on bond proceeds from Measure J.
ADOPTED THIS 14T" DAY OF DECEMBER, 2011.
David H. Ready, C' ager
ATTEST:
ames Thompson, City Cler c
Resolution No. 23065
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, California, hereby
certify that Resolution No. 23065 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 December 14,
2011, by the following vote:
AYES: Councilmember Hutcheson, Councilmember Lewin, Councilmember Mills,
Mayor Pro Tem Foat, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
?mes Thompson, CityClerk /of Palm Springs, California= t 3