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HomeMy WebLinkAbout22653 RESOLUTION NO. 22653 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 2009-10 FISCAL YEAR. WHEREAS, Resolution No. 22531 approving the budget for the Fiscal Year 2009-10 was adopted on June 17, 2009; and WHEREAS, the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE, that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution No. 22531, adopting the Fiscal Year 2009-10 budget is hereby amended as follows. SECTION 1. ADDITIONS Fund Activity Account Amount No. 001 Pending Pending $1,000,000 General Fund Economic Stimulus Purpose: Establish funding for a City-wide economic development program. SECTION 2. SOURCE: Fund Activity Account Amount No. 001 29301 $1,000,000 General Fund Fund Balance ADOPTED THIS 20th day of January, 2010. David H. Ready, CAyAiffil5ger ATTEST: mes Thompson, City Clerk Resolution No. 22653 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, hereby certify that Resolution No. 22653 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 20th day of January, 2010, by the following vote: AYES: Councilmember Foat, Councilmember Mills, Councilmember Weigel, Mayor Pro Tern Hutcheson, and Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. ;jes Thompson, City Clerk ,ty of Palm Springs, California �trZ` �