HomeMy WebLinkAboutReso 2004-008 - TDA Trueup FundsResolution No. 2004
A RESOLUTION OF THE; CITY OF REDDING APPROVING AND ADOPTING
THE 32ND AMENDMENT TO CITY BUDGET RESOLUTION NO.2003-103
APPROPRIATING $2,083,540 FOR THE ALLOCATION OF EXCESS STATE
EXCHANGE FUNDS, AND TDA TRUEUP FUNDS FOR STREET MAINTENANCE
PURPOSES FOR FISCAL YEAR. 2003-0/4 ·
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No. 2003-103 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE
I 11 515 Streets Maintenance $ 625,000
111 518 Streets Projects $ 1,303,540
111 519 Streets Equipment $ 155,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE
OF FUNDS
DECREASE
SOURCE
OF FUNDS
Decrease Fund Balance
Special Gas Tax Fund
126-376-01-0001-0 !
126-376-05-5001-01
Increase Revenue
127-377-06-8100-01
127-377-05-5001-01
General Fund
! i 1-516-05-5003-01
Increase Expenditure
I 11-515-00-2799-01
I 1 I-515-00-2462-01
11 !-518-00-4407-01
l 11-518-00-.3580-01
111-518-00-4794-01
111-519-00-5445-01
Fund Balance - Gas Tax
Transfer to General Fund
Shasta Co - SB 325 (TDA)
Transfer to General Fund
Transfer from Gas Tax
StripingtPavement markings $ 125,000
Slurry/Chip sealing $ 500,000
Sidewalk repair $ 200,000
Overlay Projects $ 903,540
South Bonnyview $ 200,000
Streets Tractor/Utility for Rolling Stock $ 155,000
$ 1,215,380
(1,215,380)
868,160
(868,160)
2,083,541)
$ 2,083,540 $ 2,083,54(}
THAT the purpose is to appropriate $2,083,540 for the allocation of excess State Exhchange Funds, and the TDA
true-up funds for street maintenance purposes for the fiscal year 200;3-0/4
I HEREBY CERTlFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council
of the City of Redding on the 6 th day ofJanuary, 2004 and was duly adopted at said meeting by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS: Cibula,
COUNCIL MEMBERS: None
COUNCIL MEMBERS: Kight
COUNCIL MEMBERS: None
ATTEST:
Mathena,
Stegai1 and Pohlmeyer
/ ·
FORM APPROVAL:
BRAD L. FULLER, City Attorney ~-