HomeMy WebLinkAboutCC RES 88-104RESOLUTION NO. 88- 104
A RESOLUT�ON OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT, CALIFORNIA, AMENDING THE
1987-88 BUDGET TO PROVIDE APPROPRIATIONS TO
CAPITAL PROJECT RESERVE FUNDS.
WHEREAS, it appears that certain funds will receive
revenues in the 1987-88 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 RESOLVED by the City Council of
the City of Palm Desert, California, that the 1987-88 Budget is
hereby amended by appropriating from the Unobligated Fund �alance
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:
Equipment Replacement Reserve 80,000
2. From the Traffic Safety Fund to the
Capital Projects Reserve Fund for:
Streets
Amount Available
(Estimate - $63,000)
3. From the 2106 Gas Tax Fund and the Local
Transportation Fund to the General Fund,
to reimburse for street maintenance
performed. Transfer amounts:
2106 Gas Tax Funds Amounts to be
Local Transportation Fund determined at time
of financial audit.
PASSED APPROVED, and ADOPTED at a regular meeting of
the Palm Desert City Council held on this llth day of
August , 198 � by the following vote, to wit:
AYES : �NYDER, WILSON, BENSON
NOES : NONE
ABSENT: CRITES, KELLY
ABSTAIN : NONE
ATTEST:
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SHEILA R. G LIGAN, � TY CLERK
CITY OF PALM DESERT CALIFORNIA
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N M. BENSON, MAYOR
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