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HomeMy WebLinkAboutCity Council Resolution 708 RESOLUTION NO. 708 RESOLUTION AUTHORIZING TRANSFER OF FUNDS BETWEEN AND/OR AMONG FUNDS The City Council of the City of Saratoga hereby resolves as follows: Section 1: The City Manager is hereby authorized and directed to make the following transfer of funds between funds to effectuate the revised fund balance for July 1, 1973. This conforms to the intention of Resolution 669 and the adjustment according to Resolution 669-1. FROM TO AMOUNT (21) General Fund (43) M.V.L. $34,847 (42) Gas Tax Engineering (43) M.V.L. 3,000 (45) Gas Tax Construction (43) M.V.L. 1 (43) M.V.Lo (21) General Fund 12,053 Section 2: The .City Manager is hereby authorized and directed to make the transfer of funds between funds of the City of Saratoga as indicated in Exhibit "A" -- "Fiscal Year 1973-74 Statement of Fund Balances" -- attached hereto and incorporated herein by reference. The specific transfers are noted below, and the final June 30, 1974 fund balances are subject to modifi- cation based on final audit. FROM T__Q.O AMOUNT (21) General Fund (43) M.V.L. $ 41,079 (21) General Fund (50) Replacement 1,675 (30) Revenue Sharing (99) Land Acquisition 149,681 (42) Gas Tax Engineering (43) M.V.L. 15,000 (43) M.V.L. (99) Land Acquisition 201,131 (43) M.V.L. (50) Replacement 11,195 (44) Gas Tax Maintenance (43) M.V.L. 77,842 (45) Gas Tax Construction (43) M.V.L. 76,065 (46) Gas Tax Matching (43) M.V.L. 55,000 (46) Gas Tax Matching (21) General Fund 14,424 The above and foregoing Resolution was duly and regularly introduced and adopted at a regular meeting of the City Council held on the 21st day of August, 1974, by the following vote: AYES: Councilmen Smith, Brlgham, Kraus, Diddon & Brjdg~ NOES: Nor~ ABSENT: NoD8 ~ ~'-'~YOR ATq