HomeMy Public PortalAbout85-087 (06-28-85)RESOLUTION NO. 85-87
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LYNWOOD AMENDING THE ANNUAL BUDGET FOR 1984-85
BY APPROPRIATING MONIES TO THE RENEWAL, REPLACE-
MENT 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 1984-85 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 reasonable 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.
NOW, THEREFORE, the City Council of the City of
Lynwood hereby finds, determines and resolves as follows:
Section 1. Any unappropriated balance in the
General Fund as of June 30, 1985, 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, 1985, shall be automatically
appropriated into the Renewal, Replacement and Benefit Reserve
Funds Therein, and
Section 3. Any unappropriated balance in the Enter-
prise Funds as of June 30„ 1985, shall be automatically approp-
riated into the Renewal Replacement and Benefit Reserve Funds
therein, and
Section 4. Any unappropriated balance in the Exp-
endable Trust Fund as of June 30, 1985, shall be automacally
appropriated into the Renewal Replacement and Benefit Reserve
Fund therein'.
OF
PASSED, APPROVED AND ADOPTED THIS
mF 1985.
28th DAY
ATTEST:
~~
John Byork, yor
Andrea L. Hooper, City erk
APPROVED AS TO FORM:
City Attorney
APPROVED AS TO CONTENT:
~/~
Barbara Fikel, Accounting Manager
STATE OF CALIFORNIA )
ss.
COUNTY OF LOS ANGELES )
I the undersigned, City Clerk of the City o£
Lynwood, do hereby certify that the foregoing resolution was passed
and adopted by the City Council of the City o£ Lynwood at an adjourned
regular meeting held on the 28th day of June 1985.
AYES: COUNCILMEN HENNI NG, MORRIS, ROWE, THOMPSON, BYORK
NOES: NONE
ABSENT: NONE
~l
/~ ~ ) I
~~a~ I
__ f~J''---- i
City Clerk, City of Lynwood ,