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HomeMy Public PortalAboutResolutions-2004-49RESOLUTION NO. 2 0 0 4- 4 9 RESOLUTION APPROVING AN INTERFUND TRANSFER PROVIDING BALANCE OF OUTSTANDING EXPENDITURES OF THE CITY OF TIFFIN GENERAL FUND FOR THE YEAR ENDING 6/30/04 WHEREAS, the City of Tiffin is required to carry fund balances at the end of each year that are not in a negative amount. AND WHEREAS, the City of Tiffin General Fund for the year ending 6/30/04 expenditures has exceeded receipts ` NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TIFFIN, IOWA; That the City of Tiffin provide for interfand transfer providing for balance of outstanding expenditures of the City of Tiffin General Fund for the purpose of eliminating any negative amount within the General Fund for the year ending 6/30/04 PASSED AND APPROVED THIS 18' DAY OF AUGUST, 2004 AYE: Bartels Dils and Gericke Nay: None ABSENT: Petersen and Huedeporil 44 Glenn R. Potter, Mayor ATTEST: C z ar t . ReilG A Clerk