HomeMy WebLinkAboutCC RES 2011-45RESOLUTION NO. 2011- 45
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFORNIA AMENDING THE FISCAL YEAR 2010-11 BUDGET TO PROVIDE
TRANSFER, APPROPRIATION AND ESTIMATED REVENUES OF
UNOBLIGATED FUNDS FROM THE UNOBLIGATED GENERAL FUND
RESERVES TO FLEET / EQUIPMENT REPLACEMENT, RETIREE HEALTH,
BUILDING MAINTENANCE / CAPITAL REPLACEMENT, GOLF COURSE
CAPITAL IMPROVEMENTS, PARKS & AQUATIC CENTER CAPITAL
IMPROVEMENTS, COMMUNITY CONTINGENCY RESERVE (WITHIN
GENERAL FUND), AND LAND ACQUISITION FUNDS
WHEREAS, it is desirable to appropriate said revenues from the Unobligated General
Fund Reserves to Fleet / Equipment Replacement, Retiree Health, Building Maintenance / Capital
Replacement, Golf Course Capital Improvements, Parks & Aquatic Center Capital Improvements,
Community Contingency Reserve (Within General Fund), and Land Acquisition funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert,
California, that the 2010-11 Budget is hereby amended by appropriating from the Unobligated
General Fund Balance to the identified funds as follows:
Transfer Out Account Amount Transfer In Account Description
Fleet / Equipment 110-4199-499-5010 1,000,000 530-0000-391-0000 Transfer out from General Fund
Replacement to Fleet / Equipment
Replacement Fund for vehicle
and equipment replacement
Retiree Health 110-4199-499-5010 500,000 576-0000-391-0000 Transfer out from General Fund
to Retiree Health Fund for
actuarial requirement
Building 110-4199-499-5010 1,000,000 450-0000-391-0000 Transfer out from General Fund
Maintenance / to Building Maintenance / Capital
Capital Replacement Replacement Fund for City
buildings maintenance
Golf Course Capital 110-4199-499-5010 1,000,000 441-0000-391-0000 Transfer out from General Fund
Improvements to Golf Course Capital
Improvement Fund for Desert
Willow golf course improvements
Parks & Aquatic 110-4199-499-5010 1,000,000 242-0000-391-0000 Transfer out from General Fund
Center Capital to Parks & Aquatic Center
Improvements Capital Improvement Fund for
equipment replacement
Community 110-0000-253-1000 500,000 110-0000-243-0900 Reserve within the General Fund
Contingency for Community Contingency for
use at Council's discretion
Land Acquisitions 110-4199-499-5010 1,000,000 400-0000-391-0000 Transfer out from General Fund
to Land Acquisition Fund for
additional land acquisitions
Resolution No. 2011- 45
June 9, 2011
Page 2 of 2
PASSED, APPROVED and ADOPTED by the City Council of the City of Palm Desert, California,
at its regular meeting held on the 9'h of June, 2011 by the following vote, to wit:
AYES: FINERTY, HARNIR, RROONEN, SPIEGEL, and BENSON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
j 1A--/ l—C/ ;A
M. BENSON, MAYOR
ATTEST:
RA HE E D.`17rA , CITY CLERK
CITY OF PALM DESERT, CALIFORNI
G:\Finance\Niamh Ortega\Resolutions\RES-approp from gen fund 10-11.docx