HomeMy WebLinkAboutCC RESO 13,833RESOLUTION NO. 13,833
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NATIONAL CITY AUTHORIZING APPROPRIATION AND
TRANSFER OF RESERVE FUNDS
WHEREAS, prudent fiscal management requires that monies be
held in reserve in various funds; and
WHEREAS, it has been determined that appropriating these
reserve monies is reasonable and proper; and
WHEREAS, monies appropriated in these reserve funds shall
not be considered as restricter7 totally in their availability and use and
may be adjusted as necessary to meet budget requirements,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of National City that the unencumbered balances of the current year's
appropriations for capital improvement projects are hereby
appropriated into the Reserve for Carry Over Projects account within
the funds from which the original appropriations were made and shall
be available for expenditure for projects carried to the fiscal year
1982-83, and
That the unencumbered balances of current year's appropriations
other than for capital improvement projects shall be appropriated into the
Reserve for Contingency account within the funds from which the original
appropriations were made or, at the discretion of the City Treasurer/Director
of Finance, shall be transferred and appropriated into the Reserve for
Future Capital Projects account within the General Capital Outlay Fund, and
That any unappropriated balance remaining on hand at the end
of fiscal y lr 1981-82 in any fund shall, at the discretion of the City
Treasurer/Director of Finance, be appropriated into the Reserve for
Contingency account within such fund.
PASSED AND ADOPTED this 22nd day of June, 1982.
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