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HomeMy WebLinkAboutReso 2002-039 - Amend Budget t - 'solution No.2002-.3c/ A RESOLUIOF THE CITY OF REDDING APi__JVING AND ADOPTING THE 37th AMENDMENT TO CITY BUDGET RESOLUTION NO.2001-104 1) INCREASING APPROPRIATIONS BY $1,999,245 AND REVENUE PROJECTIONS BY $1,320,000 IN VARIOUS FUNDS FOR FISCAL YEAR 2001-02 AND 2) DECREASE APPROPRIATIONS BY $145,000 IN THE GENERAL FUND FOR FISCAL YEAR 2002-03. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2001-104 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE Fiscal Year 2001-02 111 927 Debt Service $ 1,968,120 168 893 Reprographics 16,125 140 730 Visitor's Bureau 15,000 Fiscal Year 2002-03 111 927 Debt Service $ 145,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Fiscal Year 2001-02 Increase Revenue General Fund 111-427-02-1300-01 Sales Tax $ 880,000 111-427-02-1400-01 Transient Occupancy Tax 30,000 111-427-02-1800-01 Real Property Tax Transfer 50,000 111-427-05-5006 Fund Trans to Cony. Center (15,000) 111-427-06-6600-01 State-Motor Vehicle In-Lieu 260,000 111-432-03-3200-01 Building Permits 60,000 111-432-08-1220-01 Plan Check Fees 40,000 111-927-05-5051-01 Fund Transfer From Capital Project Fund 700,000 Capital Project Fund 178-437-05-5001-01 Fund Transfer to General Fund (700,000) Convention Center Fund 140-640-05-5041-01 Fund Trans from General Fund 15,000 Increase Fund Balance General Fund 111-427-01-0001-01 $ 2,005,000 Decrease Fund Balance General Fund 111-427-01-0001-01 Beginning Balance 1,968,120 Capital Project Fund 178-437-00-0001-01 Beginning Balance 700,000 Reprographics 168-893-01-0001-01 Beginning Balance 16,125 Increase Appropriations General Fund 111-927-00-6845-01 Loan Repayment 1,968,120 Convention Center Fund 140-730-00-2472-01 Advertising/Promotion 15,000 `ia 33th Buriiget Amendment Page 2 USE, SOURCE OF FUNDS OF FUNDS Reprographics 168-893-00-0111-01 Full-time Regular 4,925 168-893-00-0124-01 Part-time Permanent 10,010 168-893-00-0175-01 Retirement 945 168-893-00-0177-010 Medicare 245 Total Fiscal Year 2001-02 $ 4,004,245 $ 4,004,245 Fiscal Year 2002-03 Decrease Appropriations General Fund 111-927-00-6845-01 Loan Repayment $ 145,000 Increase Fund Balance 111-427-01-0001-01 Beginning Balance $ 145,000 Total Fiscal Year 2002-03 $ 145,000 $ 145,000 THAT the purpose is to 1)Increase appropriations by$1,999,245 and revenue projections by$1,320,000 in various funds for 2001-02 and 2)decrease appropriations by$145,000 in the General Fund for fiscal year 2002- 03. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 19th day of February,2002 and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Cibula, McGeorge, Pohlmeyer, Stegall and Kight NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ( / PAT KIGHT, yor A FI'bST: FORM APPROVAL: ,d1:12c.-Are i Af fr CONNIE STROHMAYER, �'ty lerk W. LEONARD WIN E, City Attorney