HomeMy WebLinkAbout406 - Budget Amendments Policy CITY OF REDDING, CALIFORNIA
COUNCIL POLICY
SUBJECT RESOLUTION POLICY EFFECTIVE PAGE
NUMBER NUMBER DATE
BUDGET AMENDMENTS POLICY 90-160 406 04/03/90 1
BACKGROUND
From time to time, the Annual Budget may need adjustment to
respond or meet changing conditions or circumstances. This is
accomplished by amending the Budget, either administratively by
the City Manager or by the.City Council upon the recommendation
of the City Manager.
PURPOSE
To amend the Annual Budget as may be required during the fiscal
year.
POLICY
It is the policy of the City Council of'the City of Redding:
1. Budgeted appropriations may be increased, decreased, or have
the purpose for which they are provided changed by Council
resolution.
2. The City Manager may move by appropriation transfer part or
all of any unencumbered appropriation balance within a depart-
ment, agency, or authority. Upon the recommendation of the
City Manager, Council may by resolution transfer part or all
of any unencumbered appropriation balance from one depart-
ment, agency, or aUthority to another.
3. If the City Manager reports to Council that the revenue
available will be insufficient to meet the amount appropriat-
ed, the Mayor and City Council shall take such actions as
they deem necessary to prevent or minimize any deficit, and
for that purpose they may reduce by resolution one or more
appropriations.
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