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HomeMy WebLinkAbout2016-15 Transferring Appropriations 2015-17 Budget RESOLUTION NO. 2016 - Q'7 A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2015-2017 BIENNIUM BUDGET THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. Because of the circumstances stated below, the Mayor and City Council of the City of Ashland determine that it is necessary to transfer appropriations as follows: Transfer of Appropriations: TO: Administration Department - Library $ 8.930 Police Department $12,500 FROM: Contingency $21,430 To transfer appropriations from General Fund Contingency to the Administration Department to remit $8,930 in restricted property tax receipts above the amount estimated for payment this budget period and $12,500 to the Police Department to fund You Have Options Program speaker costs that were originally anticipated in the prior year. SECTION 2. This resolution was duly PASSED and ADOPTED this day of June, 2016, d takes effect upon signing by the Mayor. Barbara Christensen, City Recorder SIGNED and APPROVED this day of June, 2016: J hn Strom rg, Mayor Reviewed as to form: David Loh an, City Attorney Page 1 of 1