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HomeMy WebLinkAboutCC RES 99-062RESOLUTION NO. 99-62 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA AMENDING THE FISCAL YEAR 1998-99 BUDGET TO PROVIDE ADDITIONAL APPROPRIATIONS FROM THE TRAFFIC SAFETY, GAS TAX, ART IN PUBLIC PLACES AND GENERAL FUNDS WHEREAS, it appears that certain funds will receive revenues in the 1998-99 fiscal year that exceed the requirements for currently budgeted appropriation, and WHEREAS, it is desirable to appropriate said excess revenues from the Traffic Safety, Gas Tax, Art in Public Places and General Funds for reimbursement of eligible street and art maintenance expenditures and to establish reserves for future replacements of equipment. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1998-99 Budget is hereby amended by appropriating from the Unobligated Fund Balances of certain funds to the identified funds as follows: 1. From the General Fund Unobligated Fund Balance for future equipment replacements - additional reserves: Equipment Replacement Reserve $180,000 2. From the Traffic Safety Fund to the General Fund to reimburse for street maintenance performed. Estimated amount plus interest $ 130,000 3. From the Gas Tax Fund to the General Fund to reimburse for street maintenance performed. Estimated amount plus interest $660,000 4. From the Art in Public Places Unobligated Fund Balance to Art in Public Place Maintenance Fund to cover maintenance and repairs for art within in the City of Palm Desert [5% of Art Work]. Art in Public Places Maintenance Fund $10,000 4. From the Parks Full Time Salaries Fund Balance to Human Resources Temporary Help Fund to cover temporary park maintenance workers. Human Resources Temporary Help Fund $10,000 PASSED, APPROVED and ADOPTED by t�e City Counci� o� t�e City o� Palm Desert, Cali�ornia, at its Re$ular yleetin� held on t�e 24th day o� June, 1999 by the �ollowing vote, to Wlt: AYE 5 : NOES Benson, Crites, Fer�uson, Kelly, Spiegel None ABS�NT: None ABSTAIN: None ROB�RT A. ATTE ST: 0 SHEILA''32: G C CLERK L, MAYOR � 1 � �t R ..� � �