HomeMy WebLinkAbout417 - Supplemental Budet AppropriationsCITY OF REDDING, CALIFORNIA
Council Policy
SU BJ ECT Resolution Policy Effective
Number Number Date Page
SUPPLEMENTAL BUDGET APPROPRIATIONS 96-051 417 03-19-96 1
BACKGROUND
Departments are authorized to make expenditures up to the amount appropriated by the
City Council. If expenditures are anticipated to exceed the amount appropriated,
departments must seek a supplemental appropriation from the City Council. There are
times, however, when additional expenditures result in an equivalent amount of additional
revenues (examples include donations, grants, and mutual aid to other jurisdictions that
are reimbursable). In these instances, there is no net impact to the City's budget.
Under these circumstances, it would be more efficient for the City Manager to amend the
budget so long as the increase in exPenditures will not exceed the amount of revenue to
be generated.
PURPOSE
The purpose of this policy is to authorize the City 'Manager to amend the budget in those
instances where an increase in expenditures will be completely offset by the amount of
revenue to be generated as a result of that increase.
POLICY
It is the policy of the City Council of the City of Redding to authorize the City Manager
to amend the budget in those instances where an increase in expenditures will be
completely offset by the amount of revenue to be generated as a result of that increase.
PROCEDURE
Budget amendments such as those described above shall be approved in the same manner
as Appropriation Transfer Requests (reference Council Policy 401).