HomeMy WebLinkAboutReso 2017-073 - Appropriations RESOLUTION 2017-073
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 79th AMENDMENT TO CITY BUDGET
RESOLUTION NO.2015-057 INCREASING APPROPRIATIONS BY$475,530 FOR FISCAL YEAR 2016-17
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No.2015-057 be and is hereby amended as follows:
Fiscal Year Ended 2017
Fund Division Description Increase Decrease
128 565 North Redding Traffic Benefit District $ 21,160 $ -
154 894 Building Maintenance $ 4,370
173 818 Employee Benefit Group Insurance $ 450,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
Fiscal Year Ended 2017
Decrease(Increase)Fund Balance Use of Funds Source of Funds
111 427 01 0001 01 Beginning Balance S - $ (792,760)
125 337 01 0001 01 Beginning Balance (19,500)
128 565 01 0001 01 Beginning Balance 21,160
128 616 01 0001 01 Beginning Balance 19,500
154 891 01 0001 01 Beginning Balance 4,370
174 818 01 0001 01 Beginning Balance 450,000
Increase(Decrease)in Revenues
111 427 2 1300 1 Sales Tax 120,140
111 427 2 1101 1 Property Tax-CY Secured 454,650
111 427 2 1400 1 Transient Occupancy Tax 217,970
111 610 5 5020 1 Revenue Transfer In 19,500
111 610 5 5067 1 Transfer to Equipment Replacement (19,500)
125 337 5 5032 1 Transfer from Parks to Equipment Replacement 19,500
128 616 5 5040 1 Revenue Transfer Out (19,500)
(Decrease)Increase Expenditures
128 565 3999 1 Administration 21,160
142 853 1852 1 Electric Resources (150,450)
142 859 3200 1 Station Equipment&Cont 10
142 859 3320 1 Poles-towers-fixtures 75,550
142 859 3440 1 Underground Conduct&Devices 1,630
142 859 3500 1 Transformers 39,200
142 859 3600 1 Meters 34,060
154 891 2583 1 Diestelhorst Office Park 4,370
174 818 2262 1 Group Health Claims Expense 450,000 �\
$ 475,530 $ 475,530
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THAT the purpose is to increase appropriations by$475,530 for fiscal year 2016-17.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the
City Council for the City of Redding on the 15th day of August,2017,and was duly adopted at
said meeting by the following vote:
AYES: COUNCIL MEMBERS: McElvain,Schreder,Winter,&Weaver
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Sullivan
ABSTAIN: COUNCIL MEMBERS: None
BRENT WEAVER,Mayor
ATTFORM APPROVAL:
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PAMELA MIZE,City Clerk v B• Y E.DeWALT, ity A torney