HomeMy WebLinkAboutAgenda Report - June 21, 1989 (42)C O U N C I L C O M M U N I C A T I O N
TO: THE CITY COUNCIL COUNCIL MEETING DATE: JUNE 21, 1989
FROM: THE CITY MANAGER'S OFFICE
SUBJECT: TRANSFER AND APPROPRIATION OF FUNDS
PREPARED BY: Finance Director
RECOMMENDED ACTION: The City Council approve the following year-end transfer and
appropriation of funds.
BACKGROUNDINFORMATION: A review of the 1988-89 fiscal year estimated revenues and
appropriations indicates the City will have sufficient funds
to transfer these amounts into standing reserve fu -ids. This
appropriation falls within the City's expenditure limits for
1988-89 fiscal year.
Respectfully submitted, Approved,
Robert K Holm
Finance Director
RHH/JWP/ss
Attaclmtent
CC/FUNDS/=. 06S
RESOLUTION NO. 89-68
RESOLUTION AUTHORIZING TRANSFER AND
APPROPRIATION OF FUNDS
6E IT RESOLVED that the City Council of the City of Lodi does hereby direct that
the following transfer and appropriation of monies be made:
Amount From To
$650,000 General Fund General Fund Operating Reserve
Dated: June 21, 1989
I hereby certify that Resolution No. 89-68 was passed and adopted by the
City Council of the City of Lodi in a regular meeting held June 21, 1983 by
the following vote:
Ayes: Council Mex hm - Olson, Pinkerton, Reid, and Snider (Mayor)
Noes: Council Members - None
Absent: Council Members - Hinchman
�/-i'• IfI�
Alice M. B ndie
City Clerk