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HomeMy WebLinkAboutResolution 95-10 02/21/1995 CITY OF SPRINGFIELD .-.,;- RESOLUTION NO. 95-10 . A RESOLUTION TRANSFERRING AND REAPPROPRIATING FUNDS; ADJUSTING BEGINNING CASH BALANCES; AND RECOGNIZING AND APPROPRIATING PROCEEDS AND DONATIONS IN THE GENERAL FUND, THE SPECIAL REVENUE FUND, THE BANCROFT REDEMPTION FUND, THE BOND SINKING FUND, THE TRANSIENT ROOM TAX FUND AND THE BOOTH KELLY FUND. WHEREAS, the 1994-95 fiscal year appropriations for the City of Springfield were made by Resolution No. 94-31 dated June 20, 1994; and WHEREAS, the estimated expenditures contained in the supplemental budget for fiscal year 1994-95 result in an amount of estimated total expenditures by the City for the fiscal year that differs by more than 10 percent for the Bancroft Redemption Fund and the Booth Kelly Fund; and Whereas, notice of such public hearing including information regarding such revenues and expenditures was published in a newspaper of general circulation not less than 14 days prior to the public hearing; and WHEREAS, certain beginning cash balances need to be adjusted; and WHEREAS, proceeds and donations from the General Fund, the Special Revenue Fund, and the Booth Kelly Fund need to be recognized and appropriated; and . WHEREAS, funds need to be transferred and reappropriated, NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Springfield as follows: Section 1. Adjustment of beginning cash balances, the recognition and appropriation of interfund transfers, certain donations and anticipated proceeds in the General Fund, the Special Revenue Fund, the Bancroft Redemption Fund, the Bond Sinking Fund, the Transient Room Tax Fund and the Booth Kelly Fund as follows: Revenue ADDroDriation GENERAL FUND GENERAL FUND Lease Income $ 15,000 Public Safety Program: Miscellaneous Revenue $ 52,122 Personal Services $ 52,122 Total Public Safety $ 52,122 Community Development Program: Materials & Services" '- $ 15,000 Total Community Development $ 15,000 . Total General Fund $ 67,122 Total General Fund $ 67,122 . '. .' p ~ ' .-ADOPTED by the Common Council of the City of Springfield this 21st day of February, 1995. ~ Adopted by a vote of 5 o against. for and ATTEST~ '" ~ City Record~ ~~_\~~"'~~~~~-~, ~=--<>::. \ '-/ - -3 s:- '. 0- ,o_=,~o~,__=~_,~w,,,,,,,"~,,,,,,,,,~,...>=._--~_,~~_,,-,. _.-' _' ~";".:' ~\T~"',.)? -:~;~::- RESOLUTION 95-10 Page 3