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HomeMy WebLinkAboutCC RES 85-066----- ..—._ - . ... RESOLUTION N0. 85- 66 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE 1984-85 �BUDGET TO PROVIDE APPROPRIATIONS FOR TRANSFERS TO CAPITAL PROJECT RESERVE FUNDS. WHEREAS, it appears that certain funds will receive revenues in the 1984-85 fiscal year that exceed the requirements for currently budgeted appropriations, and WHEREAS, it is desirable to appropriate said excess revenues to Capital Project Reserves for the construction of future Capital Projects. NOW, THEREFORE, BE IT RESOLVID by the�City Council of the City of Palm Desert, California, that the 1984-85 Budget is hereby amended by appropriating from the Unobligated Fund Balance of certain funds enumerated below to the identified Capital Projects Reserve Funds the amounts indicated. 1. From the General Fund to the Capital Projects Reserve Fund for: Streets $2,540,000 Drainage 800,000 Museum 100,000 Parks 388,900 Signalization 3�g�88� Equipment Replacement 2. From the New Construction Tax Fund to the Capital Projects Reserve Fund: Parks $ 270,000 Library 866,000 3. From the Traffic Safety Fund to the Capital Projects Reserve Fund for: Streets Amount Available (Estimate - $49,500) 4. From the Drainage Facilities Fund to the Capital Reserves Fund for: Drainage $ 193,000 5. From the Park and Recreation Fees Fund to the Capital Reserves Fund for: Parks $ 75,000 6. From the Traffic Signalization Fees Fund to the Capital Projects Reserves Fund Lor: Signalization $ 159,000 7. From the Fire Facilities Fund to the Capital Projects Reserves Fund for: Fire Structures and Equipment $ 185,500 8. From the 2106 Gas Tax Fund and the Local Transportation Fund to the General Fund, to reimburse for street main- tenance performed. Transfer amounts: 2106 Gas Tax Funds $ 272,000 Local Transportation Fund 158,600 -1- -- -- ------ --- --. _ ._._ ....- -i--- - -- -- - 9. From the Fire Protection Tax Fund to the Capital Projects Reserves Fund for: ' Fire Structures and Equipment $ 29,500 PASSED, APPROVED, and ADOPTED at a regular meeting of the Palm Desert City Council held on this 27th day of June , 1985 by the following vote, to wit: AYES: BENSON, JACKSON, WILSON AND SNYDER NOES: NONE ABSENT: KELLY ABSTAIN: NONE WALTER H. SNYDER, MAYOR ATTEST: .�.//' � � � lir., .� �� SHEILA R. G LIGAN, CGA� LERK CITY OF PALM DESERT, IFORNIA , -2-