HomeMy WebLinkAboutCC RESO 13,574a
RESOLUTION No. 13,574
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NATIONAL CITY AUTHORIZING APPRO-
PRIATION 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 restricted totally in their avail-
ability and use and may be adjusted as necessary to meet budg-
et 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 fund from which the original
appropriations were made and shall be available for expendi-
ture for projects carried to the fiscal year 1981-82, and
BE IT FURTHER RESOLVED that the unemcumbered bal-
ances of current year's appropriations other than for capital
improvement projects shall be appropriated into the Reserve
for Future Capital Projects account within the General Capital
Outlay Fund, and
BE IT FURTHER RESOLVED that any unappropriated bal-
ance remaining on hand at the end of fiscal year 1980-81 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.
ATTEST:
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