HomeMy WebLinkAboutReso. 2025-033 79th Budget Amend. Appropriating $3,750,000 for Damaged Culvert Project due to Flooding Resolu#ion Na, 2025 - 033
A RESOLLTTItJN Q►F THE GITY OF REDDIN� APPI�t�VII�tG AND ADOPTING THE
79`"AMENDMENT TQ CITY BUDGET RES+OLUTIClN NO.2Q23-060 APPROPI�IAfiIlYG
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API'I2C}`4�E INTERNAL LOAN FROM WASTEWATER UTILITY 'TO THE STC1►
DRAIl'�T UTILITI'FOR FISCAL YEA:R 2024-2a.
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THP�T Budgeti Resolution No. 2023-060 be and is hereby amended as fc�Ilow�:
FUND DIVISICII'�1 DESCRIPTION INCREASE DECREASE
241 b791 Stcrrm I�rain—Capital(�utlay $3,750,000
THAT account titles and number�requiring adjustments by this Resalution are as fallows;
U�E SOURCE
OF FUNI75 (JF FUNT7S
Increase(L�ecrease)Beginning�alance
231-6301-2900Q41-OOOOQ 3;750,00�
Increase(Decr�ase}Revenue
231-6341-356Q401-Q0000 Advances to Internal $ {3,75{?,000}
241-b�01-3560101-00000 Advances from Internal $ 3,750,OU0
Increase Expenditures
241-6791-60043�1-00000 Bonnyview and Baat Rarnp Storm Drain $ 3,750,OOd
Total $ 3,750;000 $ 3,750,000
THAT the purpc�se is to appropriate $3y'7�0,000 ft�r the Damaged Culvert Prc�ject clue to floading
and apprc�ve internal loan fram Wastewater Utility ta th� Storm Drain Utility fc�r fiscal year 2024-25.
I HE BY CERTIFY that the faregc�ing Resoluti�n was introduced at a r�gular meeting of the
City Caur�cil of the City c�f Redding on the 20th day of May, 2�25 and was duly adopted at said
meeting by the following vote:
AYESt CCIUN�IL MEM�ERS: -AudCette, Dhanuka, Littau,Resner,and Munns
I�tClES; CC?UI�CIL MEMBEI2S: -None
ABSENT. C+DUNCIL MEMBERS: -IVam�
ABSTAIN: C(JUNCrL MEMBEKS. -None � � .�
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JACK MUNNS,Mayor
ATTE�T: FO �PP�2t?VAL:
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,SHARLENE TIPTON, City Clerk C S'1"Ir� 1�T:�C RTIS, City Attorney