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HomeMy WebLinkAbout9/7/2011 - STAFF REPORTS - 2.M. RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2011-12. 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 113 29301 $ 817,140 City Leased Fund Balance Property ADDITION(S): Fund Activity Account Amount 113 2198 Leased Prop 50000 $ 812,140 City Leased Capital Unscheduled Property Improvements Capital Projects Pending $5,000 Desert Arts Center PURPOSE: Fund improvements on City-owned properties, as per item 2S on 7/06/11 Agenda. ADOPTED this 7th day of September, 2011. David H. Ready, City Manager ITMA I\!O. Resolution No. Page 2 ATTEST: James Thompson, City Clerk 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. 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 by the following vote: AYES: NOES: ABSENT: ABSTAIN: James Thompson, City Clerk City of Palm Springs, California 02