Loading...
HomeMy WebLinkAboutCC RESO 99- 63RESOLUTION NO. 99 — 63 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING THE TRANSFER OF $12,000 FROM THE UNDESIGNATED FUND BALANCE ACCOUNT NO. 001-2501 TO THE NON -DEPARTMENTAL ACCOUNT 001-409-000-226 (REIMBURSEMENT OF EDUCATIONAL EXPENSES) WHEREAS, the Non -Departmental Account 001-409-000-226 provides funds for the educational reimbursement of costs for college courses related to an employee's duties; and WHEREAS, the educational reimbursement benefit is mandated by MOU's with each employee group; and WHEREAS, the account is funded based on the historical use of these funds at approximately 15% of the potential cost; and WHEREAS, the estimates based on the historical use of these costs have not held true, and it is necessary to transfer $12,000 from reserves in order to comply with this mandated benefit. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City approves the transfer of $12,000 from the Undesignated Fund Balance Account No. 001-2501 to the Non -Departmental Account 001-409-000-226 (Reimbursement of Educational Expenses). PASSED and ADOPTED this 4th day of May, 1999. George H. Waters, Mayor ATTEST: 1 R. Dalla it Mich Mi y Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney