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HomeMy WebLinkAboutReso 98-011 - Approve & Adopt the 14th Amendment to City Budget Reso No. 97-111 to 1-increase appropriations in city mgrs office and reduce revenue estimates in general fund . . � ,. „ . � • RESOLUTION NO. c�� A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 14TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 97-111 TO (1) INCREASE APPROPRIATIONS IN THE CITY MANAGER'S OFFICE BY $50,000 AND(2)REDUCE REVENUE ESTIMATES IN THE GENERAL FLTND BY $668,370 AND 1N THE WATER UTILITY FUND BY $292,000. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING: THAT Budget Resolution No. 97-111 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 111 411 City Manager's Office $50,000 THAT account titles and numbers requiring adjustment by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase Revenue General Fund A/C No. 111-402-03-1100-01 Anima.l Licenses $11,000 Decrease Revenue General Fund A/C No. 111-427-02-1300-01 Sales Tax Revenue (350,000) � A/C No. 111-427-02-1400-01 Transient Occupancy Tax Revenue (75,000) A/C No. 111-432-03-3200-01 Building Permits (60,000) �q^ A/C No. 111-432-03-3400-01 Electrical Permits (19,000) ��1 A/C No. 111-432-03-3600-01 Plumbing Permits (18,000) � A/C No. 111-432-03-3700-01 Mechanical Permits (11,000) A/C No. 111-427-07-6200-01 Compensation Loss & Property Damage (67,000) , � . . , Y : � • f 14th Amendment to City Budget Page 2 A/C No. 111-432-08-1210-01 Building Plan Record Fees (8,600) A/C No. I 11-432-08-1220-01 Plan Check Fees (51,270) A/C No. 111-503-08-1250-01 Engineer Inspection Fees (19,500) Water Fund A/C No. 143-860-01-5210-01 Off-Site Meter Charge � (292,000) Increase Apnro�riations General Fund A/C No. 111-411-00-1852-01 Electric Utility $50,000 Decrease Fund Balance General Fund A/C No. 111-000-00-0000-00 (718,370) Water Fund A/C No. 143-000-00-0000-00 29( 2,000� 960 370 960 370 THAT the purpose is to(1) increase appropriations in the City Manager's Office by $50,000 and(2) reduce revenue estimates in the General Fund by $668,370 and in the Water Utility Fund by $292,000. 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 2oth day of January , 19gs , and was duly adopted at said meeting by the following vote: AYE: COUNCIL MEMBERS: Anderson, Kehoe, McGeorge and Murray NOES: COUNCIL MEMBERS: None �,,:' ABSENT: COUNCIL MEMBERS: None.,, � ABSTAIN: COUNCIL MEMBERS: Nor�- -- `, ,, \ KEN 1VIiT� Y, yor v ATTEST: FORM APPROVAL: ' G� " v,`'���v' 7�`�T ? -?�� COI�R�TIE ST OHMAY , City Clerk W. LEONARD WINGA �City Attorney