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HomeMy WebLinkAboutReso 2012-044 - Risk Management e e Resolution No. 2012-044 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 24th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2011-111 APPROPRIATING $200,000 OF RISK MANAGEMENT RESERVES FOR LIABILITY CLAIMS FOR FISCAL YEAR 2011-12 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2011-111 be and is hereby amended as follows: FUND 172 DNISION 897 DESCRIPTION Risk Management INCREASE $200,000 DECREASE THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE OF FUNDS SOURCE OF FUNDS Increase (Decrease) Revenue 172-897 -01-0001-01 Beginning Balance $200,000 Increase Expenditures 1172-897-2261-01 Liability Claims Expense $200,000 $200,000 $200,000 THAT the purpose is to appropriate $200,000 for Liability Claims for fiscal year 2011-2012. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 5th day of June, 2012, and was duly adopted at said meeting by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: Jones, McArthur, Sullivan & Bosetti COUNCIL MEMBERS: None COUNCIL MEMBERS: Dickerson COUNCIL MEMBERS: None t2~7&~ RICK BOSETTI, Vice Mayor ATTEST: FORM APPROVAL: ~~ PAMELA MIZE, ity Clerk )C) I ~ () ........ ~ I CJ ~ ~