HomeMy WebLinkAboutReso 99-022 1-Decreasing Appropriations in the Streets Div 2) Decreasing Appropriations in NonDepartmental 3) Increasing Appropriations in Bldg Div 4) Decreasing Rev Est for Sales Tax 5) Incr Rev Est for Prop Tax . , ' , � �
RESOLUTION NO. ��Z�
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A RESOLUTION OF THE CITY OF REDDING APPROVING AND
ADOPTING THE 11 TH A.MENDMENT TO CITY BUDGET RESOLUTION
NO. 98-92 1) DECREASING APPROPRIATIONS IN THE STREETS
DIVISION BY $100,000, 2) DECREASING APPROPRIATIONS IN NON-
DEPARTMENTAL $16,000, 3) INCREASING APPROPRIATIONS IN
BUILDING DIVISION BY $16,000 4) DECREASING REVENUE
ESTIMATES FOR SALES TAX BY $700,000 AND 5) 1NCREASING
REVENUE ESTIMATES FOR PROPERTY TAX BY $200,000.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING:
THAT Budget Resolution No. 98-92 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION 1NCREASE DECREASE
111 427 Non-Departmental $16,000
111 432 Building and Code Enforcement $16,000
111 515 Street Maintenance $100,000
THAT account titles and numbers requiring adjustment by this Resolution are as follows:
USE SOURCE
OF FUNllS OF FUNDS
Decrease Fund Balance
General Fund
�vc i i i-000-oo-0000 $�600,000� �
Decrease Revenue
General Fund
A/C 111-427-02-1400-01 Sales Tax Revenue $(700,000)
Increase Revenue
General Fund
AJC 111-427-02-1101-01 CY Secured Property Tax 200,000
Increase Appropriations
General Fund - Building and Code Enforcement
A/C 111-432-00-4608-01 Building Demolition $16,000
Decrease A�propriations
General Fund -Non-Departmental
A/C 111-427-00-4608-01 Building Demolition (16,000)
General Fund - Streets Maintenance
A/C 111-515-00-2461-01 Paving/Overlay 100 000 �
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Total $ 600 000 $ 600 000 �
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1 1 th Budget Amendment
Page 2
THAT the purpose is to 1) decrease appropriations in the Streets Division by $100,000,
2) decrease appropriations in Non-departmental by $16,000, 3) increase appropriations in
Building Division by $16,000, 4) decrease revenue estimates for Sales Tax by $700,000, and
5) increase revenue estimates for Property Tax by $200,000.
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 2nd day of February, 1999, and was
duly adopted at said meeting by the following vote:
AYES: COLJNCIL MEMBERS: Cibula, Kight, McGeorge, Pohlmeyer and Anderson
NOES: COUNCIL MEMBERS: None
ABSENT: COLINCIL MEMBERS: None
ABSTAIN: CO[JNCIL MEMBERS: None
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OBERT C. ANDERSON, Mayor
ATTEST: FORM APPROVED: -
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CONNIE ST OHMA�Y , Crty Clerk W. LEONARD WIN,GAT , City Attorney
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