HomeMy WebLinkAbout401 - Appropriation Transfer of Funds CITY OF REDDING, CALIFORNIA
COUNCIL POLICY
SUBJECT RESOLUTION POLICY EFFECTIVE PAGE
NUMBER NUMBER DATE
APPROPRIATION TRANSFER
OF FUNDS 87-319 401 10/20 /87 1
BACKGROUND
At the Council meeting of September 29 , 1987 , the City Council
considered a proposal to authorize the City Manager to administra-
tively transfer budget appropriations . This proposal was re-
ferred to staff by Council and further information was requested .
PURPOSE
The goal of the Administrative Transfer is to use the Budget
document as a management plan by which to control expenditures
and obligations of the City in advance .
POLICY
1 . The City Council does hereby authorize the City Manager to
administratively transfer appropriations
2 . Appropriations shall be transferred only for purposes previ-
ously approved by the City Council
3 . Appropriations shall not be transferred between Funds
4 . Appropriations shall not be transferred between departments
5 . Appropriations of up to $5 , 000 may be transferred to effect
an emergency repair or replacement of equipment (amended
12/5/89) .
6 . The number of positions authorized by the City Council shall
not be changed administratively .
PROCEDURE
The procedure for utilizing the Appropriation Transfer Request is
provided in the City of Redding Budget Policies and Procedures
Manual.
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