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HomeMy Public PortalAbout84-071 (06-29-84)RESOLUTION NO. 84-71 ~~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AMENDING THE ANNUAL BUDGET FOR 1983-84 BY APPROPRIATING MONIES TO THE RENEWAL, REPLACEMENT AND BENEFIT RESERVE FUNDS IN THE GENERAL FUND, SPECIAL REVENUE FUNDS ,.ENTERPRISE FUNDS, AND EXPENDABLE TRUST FUNDS. WHEREAS, the annual budget for the City of Lynwood for fiscal year 1983-84-provides that unappropriated monies be held in prudent reserves, and WHEREAS,, it has now been determined that appropriating these reserve funds in a manner corresponding to the operational mode of the City of Lynwood is resonable and proper, and WHEREAS, funds established and monies appropriated shall not be considered as restricted totally in their availability and use and amounts may be adjusted between funds as necessary to serve the future needs of the City of Lynwood. 2IOW, THEREFORE, the City Council of the City of Lynwood does hereby find, determine, order and resolve as follows: Sectioh 1. Any unappropriated balance in the General Fund as of June. 30, 1984, shall be automatically appropriated into the Renewal, Replacement and Benefit Reserve Fund therein, and Section 2. Any unappropriated balance in the Special Revenue Funds as of June 30, 1984, shall be automatically appropriat- ed into the Renewal, Replacement and Benefit Reserve Funds therein, and Section. 3. Any unappropriated balance in the Enterprise, Funds. as of June 30, 1984, shall be automatically appropriated into the Renewal Replacement and Benefit Reserve Funds, therein, and Section 4. Any unappropriated balance in the Expendable Trust Fund as of June 30, 1984, shall be automatically appropriated into the Renewal Replacement and Benefit Reserve Fund therein. PASSED, APPROVED AND ADOPTED this 1984. day. of Junes ATTEST: ANDREL/~OPER, Clty City of Lynwood APPROVED AS TO FORM: City of APPROVED AS TO CONTENT: ~Qti~. ~ BARBA~FIKEL,~ Accounting Manager ~~^~ City Attorney STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) ~~ i _~ I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 29tH day of June 1984. AYES: COUNCILMEN HENNING, ROWE, THOMPSON, MORRIS NOES: NONE ABSENT: COUNCILMAN BYORK (iC/fC.ed G4 r~L~~t~3~ ~~ City Clerk, City of L wood -' i