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HomeMy WebLinkAboutReso 92-190 - Approve & Adopt the 89th Amendment to city budget reso 91-253 reducing general fund appropriations and transferring from Dev Fund to General Fund RESOLUTION NO. A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 89TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 91-253 (1) REDUCING GENERAL FUND APPROPRIATIONS BY $326,000 AND (2) TRANSFERRING $130,000 FROM THE DEVELOPMENT FUND (GENERAL CITY PROJECTS) TO THE GENERAL FUND. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING: THAT the Annual Budget Resolution No. 91-253 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE ;I 111 Various Various $326,000 THAT account titles and numbers requiring adjustment by this Resolution are as follows: SOURCE USE OF FUNDS OF FUNDS Decrease Fund Balance: General City Projects A/C No. 128-436-00-0000 Unappropriated Fund Balance (130,000) General Fund A/C No. 111-000-00-0000 Unappropriated Fund Balance 456,000 Increase Appropriations: Fire-Suppression A/C No. 111-462-00-2291 Utility Expense $(15,000) Street Lights A/C No. 111-517-00-2291 Utility Expense (265,000) City Treasurer A/C No. 111-421-00-2278 Bank Service Fees (46,000) $326,000 $(326,000) THAT the purpose is to (1) reduce General Fund appropriations by $326,000 and (2) transfer $130,000 from the Development Fund (General City Projects) to the General Fund. 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 5th day of j May 19 92 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Arness, Kehoe & Moss NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: None �. CHARLIE MOSS, Mayor q p ATTEST: FORM APPROVAL: 1 CONNIE STROHMAYER, C'ty Clerk *ALLA. HAYS, City ttorney !I i I it 'I II I I I Jd tl