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HomeMy WebLinkAbout1994-01 Transfer AppropriationsRESOLUTION NO. 94-~/ A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN 1993-94 BUDGET THE CITY OF ASHLAND RESOLVES AS FOLLOWS: Due to the circumstances stated below, the Mayor and City Council of the City of Ashland hereby determine that it is necessary to transfer appropriations as follows: GENERAL FUND FROM: Contingency TO: Fire Payroll $ 57,000 57,000 Additional amount needed per union settlement. INSURANCE SERVICES FROM: Contingency TO: Transfer to Sewer Fund 110,000 110,000 SEWER FUND FROM: Transfer from Insurance services TO: Capital Outlay - Odor Contel Project 110,000 110,000 EQUIPMENT FUND FROM: Contingency Equipment Total 60,000 30,00,,,0, 90,000 TO: Buildings $ 90,000 These last three appropriations deal with the odor control project. The Equipment Fund equipment advance will be paid back over the next few years. The insurance services fund transfer is a gift. The sewer fund will require either the postponement of the Bear Creek Interceptor - Phase III-A project as found on page five of the current Capital Improvements Plan or an interfund loan. The foregoing resolution was READ and DULY ADOPTED at a regular meeting of the City Council of the City of Aslhland on the ~ day of ~.~-:.c-~-~ ~-~;.~--~ , 1994. Nan E. Franklin, city Recorder SIGNED and APPROVED this Revie~~~~ Paul Nolte, City Attorney day of ~v.~~zo~?_ , 1994. Catherine M. Golden,, Mayor H: \jill\wp\budget\trans