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HomeMy WebLinkAboutReso 2018-030 - Amend Budget RESOLUTION NO. 2018-030 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 27TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2017-057 TRANSFERRING $75,000 FROM THE SLURRY/CHIP/CAPE SEAL — CAPITAL OUTLAY TO THE MAINTENANCE MATERIAL/SUPPLY — OPERATING ACCOUNT FOR FISCAL YEAR 2017-18 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2017-057 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 111 518 Streets—Capital Outlay $75,000 111 511 Streets—Operating $75,000 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Decrease Capital Expenditures 111-518-3576-01 Slurry/Chip/Cape Seal $ 75,000 Increase Expenditures 111-511-2511-01 Material/Supply $ 75,000 Total $ 75,000 $ 75,000 THAT the purpose is to transfer $75,000 from the slurry/chip/cape seal — capital outlay to the maintenance material/supply account for fiscal year 2017-2018. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 3rd day of April, 2018, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: McElvain, Sullivan,Winter, & Schreder C?