HomeMy WebLinkAboutReso. 2026-023 - Appropriating $1,579,000 for Unused Proceeds from Sale of Calif Carbon Allowances and Interest Accrued to Fund the Energy Procurement Program for FY 25-26 �o�u�l��r��. �a�s-az�
A �QLUTI�N OF THE CITY OF DUI1�I� APPROVIld1+G A ADOPTII�tG THE
26TFr AMENDMENT TO CIT� BUDGET RESl7Ll[TTIOIV N�. 2025-049
Ar.I�Vr ��. 111\l7 �ly�/73VV� �Pl.li� 1.11L' U�l\1.J�7L'L .C.11VR_+L'1`��� 1'AAOli'1 1:11L` �7ALE VP
lyLiL1F�111\J.� LH� Vl\ ALLA.I YY�l\ruL'��.7 Al\� 1N1 L`liL't71 1'lO:.i..11lJL'L 1�V A'JND THE
ENERGY FI2CIG MENT PRO+GRAM FC►I2 FISCAL�'EAR 2025-2b
B�I7'�iES�L VEd)B Y TI�E C�TY�C'4I7N�IL O�THE CITY�F'RE�DING
TH�T Budget Resolution No. 2{725-049 be and is hereby amended as f�llows;
FUND DIVISI(7N I�ESCRIPTION iNCREASE DECREASE
211 8075 REU—Customer Programs $ 1,579,000
THAT account titles and numbers requiring adjustments by this Resolution are as fall�ws:
USE SQURCE
OF FLJNI7S QF FUNDS
Increase{I7ecrease)Revenue
211-8075-2910000-00000 Fund Balance $ 1,579;000
Increase(Decrease)Expenditures
211-$075-$909101-0000Q Energy Procurement Program $ 3;O1b,0�0
211-8075-8908931-�OOQO Trai�sportation Electrification $ (7Q0,000)
21�-8075-8908941-00000 Non-MotorizedTransportation $ (186,000)
211-8075-8908961-00000 EnergyEfficienyMeasures $ (551,000)
Total $ 1,579,000 $ 1,579,000
THAT the purpase is to appropriate $1,579,00� for the unused proceeds fram the sale af
Cali�ornia Carbon A1lowances and interest accrued to fund the Energy Procurernent Prograrn for
fiscal year 2025-26.
I HE BY CERTIFY that the foregaing resolution was intraduced at a regular meeting of the
City Council af the City of Redding on the 7th day of April; 2026; and was duly adopted at said
meeting by the ft�llowing vote:
AYES: Cl7UN�CTL ElYS; -Auclette,Manns,I2esner,and Littau
Nf:IES; �C.lUNCLI,ME ERS: -None
ABSENT. Ct�UNCIL ME ERS. -Dr.1)hanuka
ABSTAIN: COiJNCIL ME ERS: -Noa�� ,�'�°�
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`�' SHA ENE TIPTON, aGity Clerk B�NJAMI L. ST�CK,Interim City
�ttorn��