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HomeMy WebLinkAbout22232 - RESOLUTIONS - 5/21/2008 RESOLUTION NO. 22232 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2007-08. 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 fiscal year 2007-08 is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount General Fund Fund Balance $400,000 001 29301 Purpose To cover a portion of the General Fund"s FY 07-08 projected deficit. SECTION 2. SOURCE Disappropriation in account261-1395-63565, SMG Convention Center; interfund transfers in and out. Fund Activity Account Amount Capital Projects Fund Balance $400,000 261 29301 ADOPTED THIS 21ST DAY OF MAY, 2008. David H, Read y anager ATTEST: ames Thompson, City Clerk Resolution No. 22232 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. 22232 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 21 s�day of May, 2008, by the following vote: AYES: Councilmember Hutcheson, Councilmember Mills, Councilmember Weigel, Mayor Pro Tem Foat, and Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. am es Thompson, City Clerk /or z � City of Palm Springs, California