HomeMy WebLinkAboutCC RES 05-050RESOLUTION NO. 05-50
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA AMENDING THE FISCAL YEAR 2004-05 BUDGET
TO PROVIDE ADDITIONAL APPROPRIATIONS FROM THE TRAFFIC
SAFETY, GAS TAX, INTERNAL SERVICE AND THE GENERAL FUND
WHEREAS, it appears that certain funds will receive revenues in the 2004-05 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, Internal Service and General Fund for reimbursement of eligible street
expenditures and replacement costs.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm
Desert, California, that the 2004-05 Budget is hereby amended by appropriating from the
Unobligated Fund Balances of certain funds to the identified funds as follows:
1. The transfer out from the General Fund to the Internal Service fund for
vehicle replacement:
Vehicle Replacement $213,000
2. From the Traffic Safety Fund to the General Fund to reimburse for street
maintenance performed.
Estimated amount plus interest $209,000
3. From the Gas Tax Fund to the General Fund to reimburse for street
maintenance performed.
Estimated amount plus interest $944,000
Resolution No. 05-50
Page 2
June 23, 2005
PASSED, APPROVED and ADOPTED by the City Council of the City of Palm Desert,
California, at its Regular Meeting held on the 23' of June, 2005 by the following vote, to
wit:
AYES: BENSON, FERGUSON, BELLY, SPIEGEL, and CRITES
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
F� BUFO
ATTEST:
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