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HomeMy WebLinkAboutReso 2014-048 - State Highway Users Tax • Resolution No. 2014-048 • A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 21ST AMENDMENT TO CITY BUDGET RESOLUTION NO. 2013-061 APPROPRIATING $1,982,570 FOR THE ALLOCATION OF AMENDED STATE HIGHWAY USERS TAX, REGIONAL SURFACE TRANSPORTATION PROGRAM FUNDS, AND ADJUSTED TRANSPORTATION DEVELOPMENT ACT CLAIMS FOR FISCAL YEAR 2013-14 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2013-061 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 111 518 STREETS-CONSTRUCTION $ 1,982,570 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase Revenue 126-376-6-2700-01 Federal-ISTEA $ 337,160 126-376-6-6505-01 State - Section 2105 13,750 126-376-6-6506-01 State - Section 2106 60,040 127-377-6-8100-01 Shasta Co -SB325 1,727,940 111-518-5-5003-01 Transfer from Gas Tax 1,982,570 Decrease Revenue 126-376-6-6507-01 State -Section 2107 (94,300) 126-376-6-6509-01 State-Section 2103 (62,020) 126-376-05-5001-01 Transfer to General Fund (254,630) 127-377-05-5001-01 Transfer to General Fund (1,727,940) Increase Expenditures 111-518-00-3576-01 Slurry/Chip/Cape Seal $ 832,500 111-518-00-3580-01 Overlay Projects $ 1,150,070 $ 1,982,570 $ 1,982,570 THAT the purpose is to appropriate $1,982,570 for the allocation of amended State HUTA, RSTP,and TDA funds for fiscal year 2013-14. 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 6th day of May, 2014, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Cadd,Jones, McArthur, Sullivan, &Bosetti NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: '.COUNCIL MEMBERS: None r- RICK BOSETTI, Mayor P 1 ATTEST: FORM APPROVAL: "-Pn PAMELA MIZE, City cYefk RICHARD A. DUVERNAY, City torney