HomeMy WebLinkAboutReso 2000-038 - Adjust Revenue RESOLUTION NO. 2000-j$
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING
THE 30th AMENDMENT TO CITY BUDGET RESOLUTION NO. 99-93
ADJUSTING REVENUE ESTIMATES FOR SALES TAX REVENUE, MOTOR
VEHICLE IN-LIEU FEES, TRANSIENT OCCUPANCY TAX REVENUE AND
INVESTMENT INCOME FOR FISCAL YEAR 1999-2000
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING:
THAT Budget Resolution No. 99-93 be and in hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
111 427 General Fund Revenue $620,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Increase Fund Balance
General Fund
A/C 111-000-00-0000-01 $620,000
Increase Revenue
General Fund
A/C 111-427-02-1300-01 Sales Tax Revenue $500,000
A/C 111-427-02-1400-01 Transient Occupancy Tax 100,000
A/C 111-427-06-6600-01 Motor Vehicle Tax 100,000
A/C 111-427-09-9110-01 Investment Income (80,000)
$620,000 $620,000
THAT the purpose is to adjust revenue estimates for sales tax revenue,motor vehicle in-lieu
fees, transient occupancy tax revenue and investment income for fiscal year 1999-2000
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 15th day of February, 2000,and was duly
adopted at said meeting by the following vote.
AYE: COUNCIL MEMBERS: Cibula, Kight, McGeorge, Pohlmeyer and Anderson
NOES: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS None
ABSTAIN: COUNCIL MEMBERS None ,t)4/Q6/0 .Lsiy.
R BERT C. ANDERSON, Mayor
ATTEST: FORM APPROyAL
/1//'
41-04C4re., _
CONNIE STR• MAYE'f i Clerk W. LEONARD WINGAi , City Attorney
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