HomeMy WebLinkAboutCC RES 93-080RESOLUTION NO. 93-80
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF PALM DESERT, CALIFORNIA
AMENDING THE FISCAL YEAR 1992-93 BUDGET TO PROVIDE
APPROPRIATIONS TO CAPITAL PROJECT RESERVE FUNDS.
WHEREAS, it appears that certain funds will receive revenues
in the 1992-93 fiscal year that exceed the requirements for
currently budgeted appropriations, and
WHERESAS, it is desirable to appropriate said exess 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 1992-93 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:
Equipment Replacement Reserve
General (Year 2000 Plan) Capital
Project Reserve
Cook Street/I-10 Interchange
Liability Insurance Reserve
2.
360,000
3,000,000
270,000
1,000,000
From the Traffic Safety Fund to the General Fund, to
reimburse for street maintenance performed.
General Fund
50,602.81 (Est)
3. From the 2106 Gas Tax Fund to the General Fund, to
reimburse for street maintenace performed.
2106 Gas Tax funds
690,936.90 (Est)
0
PASSED, APPROVED, and ADOPTED by the City Council of the City of
Palm Desert, California, at its Regular Meeting held on the 26 day
of August , 1993, by the following vote, to wit:
AYES: CRITES, KELLY, SNYDER, WILSON, BENSON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST :
'�
M. BEN
G C' 'Y'��-�C,.v
, MAYOR
J Q ��
SHEILA R�ILLIGAN, C LE �
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