HomeMy WebLinkAboutReso 97-129 - Approve & Adopt the 3rd Amendment to City Budget Reso 97-111 Transferring $ from the City's Self-Ins Fund & $ from the Solid Waste Fund into the Rolling Stock Replacement FundI �
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RESOLUTION NO. / ,"��9
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING
THE 3RD AMENDMENT TO CITY BUDGET RESOLUTION NO. 97-111
TRANSFERRING$103,710 FROM THE CITY'S SELF-INSURANCE FLTND AND
$42,050 FROM THE SOLID WASTE FUND 1NT0 THE ROLLING STOCK
REPLACEMENT FUND.
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
172 897 Risk Management Reserves $103,710
149 550 Solid Waste Fund Reserves 43,050
125 335 Rolling Stock Replacement Fund $146,760
THAT account titles and numbers requiring adjustment by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Decrease Fund Balance
Risk Management Fund
A/C No. 172-897-OS-5019 Transfer to Rolling Stock $103,710
Solid Waste Fund
A/C No. 149-550-OS-5019 Transfer to Rolling Stock 43,050
Increase Fund Balance
Rolling Stock Replacement Fund
A/C No. 125-335-OS-5055 Fund Transfer from Fund 172 $103,710
A/C No. 125-335-OS-5033 Fund Transfer from Solid Waste 43,050 �
146 760 146 760 �
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THAT the purpose is to transfer $103,710 from the city's self-insurance fund and $42,050 �
from the Solid Waste Fund into the Rolling Stock Replacement Fund. �
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I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a special
meeting of the City Council of the City of Redding on the 5 th day of augus t . 19 9� , and
was duly adopted at said meeting by the following vote:
AYE: COLINCIL MEMBERS: R. Anderson, Kehoe, McGeorge and Murray
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCILMEMBERS: P. Anderson
ABSTAIN: COUNCIL MEMBERS: None
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PATRICIA A. ANDERSON, Mayor
ATTEST: FORM APPROVAL:
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CONNIE S ROHMAY , ity Clerk W. LEO RD WINGATE, City Attorney