HomeMy Public PortalAbout86-075 (06-30-86)RESOLUTION NO• B6- 75
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AMENDING THE ANNUAL BUDGET FOR 1985-86 BY APPROPRIATING
MONIES TO THE RENEWAL, REPLACEMENT AND BENEFIT RESERVE
FUNDS IN THE GENERAL FUND, SPECIAL REVENUE FUNDS, AND
EXPENDABLE TRUST FUNDS.
WHEREAS, The annual budget for the City of Lynwood for
fiscal year 1985-86 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
LdHEREAS, funds established and monies appropriated
shall not be considered as restricted totally in their
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 ass o~June 30, 1986, shall be automatically appropriated
into the renewal, replacement and benefit reserve funds therein,
and
Section 2. Any unappropriated balance in the spec.al
revenue unds as of June 30, 1986, shall be automatically
appropriated into the renewal, replacement and benefit reserve
funds therein, and
Section 3. Any unappropriated balance in the enterprise
funds ash June 30, 1986, shall be automatically appropriated
into the renewal, replacement, and benefit reserve funds therein.,
and
Section 4. Any unappropriated balance in the Expendable
Trust Fun as of June 30, 1986, shall be automatically
appropriated into the renewal, replacement and benefit reserve
fund therein.
PASSED, APPROVED AND ADOPTED THIS 30th DAY
OF June 1986
i'~~l ~ `
ROBERT HENNING, ayor
ATTES"i':
Andrea L. Hooper, City ~C1erk
APPROVED AS TO FORM:
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City Attorney(/
APPROVED AS TO CONTENT:
Evelyn Dahl, Temporary Accounting
Manager
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ~ ss.
1, the undersigned, City Clerk of the City of Lynwood, do hereby
certify that the foregoing resolution was passed and adopted by the City 1
Council of the City of Lynwood at a regular meeting held on the 30th day
of J_ une 1986.
AYES: COUNCILPRERSON BYORK, MCRRIS, THOfiPSON, WELLS, HENNING
NOES: PJONE
ABSENT: NONE
City Clerk, City of Lynwood
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