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HomeMy WebLinkAboutReso 94-038 - Approve & Adopt the 47th Amendment to City Budget Reso 93-239 Decreasing appropriations in the Electric Utility j RESOLUTION NO. A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 47TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 93-239 DECREASING APPROPRIATIONS IN THE ELECTRIC UTILITY BY $890,000. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING: THAT the Annual Budget Resolution No. 93-239 be and is hereby amended as follows: i FUND DIVISION DESCRIPTION INCREASE DECREASE i 142 851 Electric-General and Administration $165,000 142 859 Electric-Capital Outlay 725,000 THAT account titles and numbers requiring adjustment by this Resolution are as follows: SOURCE USE OF FUNDS OF FUNDS Increase Fund Balance Electric Utility Fund A/C No. 142-000-00-0000 Unappropriated Fund Balance $ 890,000 Decrease Appropriations: Electric-General and Administration A/C No. 142-851-00-2253 Professional Services & Consulting $(100,000) A/C No. 142-851-00-2662 Wholesale Rate Proceedings (65,000) Electric-Capital Outlay A/C No. 142-859-00-3340 Overhead Conductors & Devices (100,000) A/C No. 142-859-00-3440 Underground Conductors & ! Devices (325,000) A/C No. 142-859-00-3500 Transformers (300,000) $ 890,000 $(890,000) THAT the purpose is to decrease appropriations in the Electric Utility by I $890,000. 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 lst day of March , 19 94 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Dahl, oe, floss ss NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None CARL ARNEST LMAyor �� \ ATTEST: FORM APPROVAL: ~v CONNIE STROHMAYER, C fftlerk RANDALL A. AYS, City Attorney I