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HomeMy WebLinkAbout22276 - RESOLUTIONS - 7/9/2008 RESOLUTION NO. 22276 A RESOLUTION OF THE CITY COUNCIL OF THE. CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 2007-08 FISCAL YEAR. WHEREAS, Resolution 21901 approving the budget for the fiscal year 2007-08 was adopted on June 6,2007; and WHEREAS, the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget. NOW, THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 21901, adopting the budget for the 2007-08 fiscal year is hereby amended as follows: SECTION 1, ADDITIONS Fund Activity Account Amount 410 6277 2006 Debt 49620 Principal $515,000 Airport PFC 6278 2008 Debt 49680 Refi Costs $567,446 Purpose SECTION 2. SOURCE Fund Activity Account Amount 410 N/A 29301 $1,082,446 Airport PFC Fund Balance ADOPTED THIS 9" day of July, 2008. David H. Ready, anager ATTEST: es Thompson, City Cler Resolution No. 22276 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. 22276 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 9th day of July, 2008, by the following vote: AYES: Councilmember Hutcheson, Councilmember Mills, and Mayor Pro Tern Foat. NOES: None. ABSENT: Councilmember Weigel and Mayor Pougnet. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, California