HomeMy WebLinkAbout2/2/2011 - STAFF REPORTS - 2.L. RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET
FOR FISCAL YEAR 2010-11.
WHEREAS, Resolution No. 22714 approving the Budget for the Fiscal Year
2010-2011 was adopted on June 2, 2010; and
WHEREAS the City Manager has recommended, and the City Council desires to
approve, certain amendments to the budget for Fiscal Year 201.0-11.
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. 22714,
adopting the Budget for Fiscal Year 2010-11 is hereby amended as follows:
ADDITION(S):
Fund' Activity Account Amount
540 5919 48696 $250,000
Risk Management Unemployment Unemployment
Insurance
SOURCE(S):
Fund Activity Account Amount
540 29301 $250,000
Risk Management Fund Balance
PURPOSE: Cover cost of unemployment insurance for balance of fiscal year. Increase
due to large number of layoffs in prior years.
ADOPTED THIS 2ND DAY OF FEBRUARY 2011.
David H. Ready, City Manager
Item No. 2 . L .
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
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