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HomeMy WebLinkAboutCity Council Resolution 2241.11 RESOLUTION NO. 2241.11 RESOLUTION OF THE CITY ~IL OF THE CITY OF SARATOGA INCREASING APPROPRIATIONS AND AMENDING THE 1985-86 FISCAL YEAR BUDGET WHEREAS, it has been recommended by the City Manager that the following transfer of appropriations and increase in the present budget appropriations be made: NOW, THEREFORE, BE IT RESOLVED, that the budget of the City of Saratoga adopted by Resolution 2241 be amended as follows: Transfer: $3,000 from Liability and Casualty Insurance Supplies and Other Costs (21-4470-140-10) to Outside Services (21-4190-140-10). $5,000 from Liability and Casualty Insurance Supplies and Other Costs (21-4470-140-10) to Litigation and Settlements Outside Services (21-4110-151-10). Transfer $100,000 from general ledger account 21-2900 unreserved fund balance to general ledger account 21-2906 reserve for contingencies. Subsidiary: Fund 21 - General Fund Program 140 - Liability and Casualty Insurance Account 21-4471-140-10 - Liability Claims +$100,000 Purpose: To establish appropriations for changes in general liability insurance program coverage. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 18th day of December, 1985, by the following vote: AYES: Councils Call(m, Fanelli, Hlava, .Foyles and Mayor Clevenger NOES: None ABSENT: None ATTEST: Deputy City