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HomeMy WebLinkAbout1997-26 Transf Appropriations RESOLUTION NO. 97-~ A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 1996-97 BUDGET THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. Due to the circumstances stated below, the Mayor and City Council of the City of Ashland determine that it is necessary to transfer appropriations as follows: _Airport Fund To: Maintenance $3,000 Professional fees 2,000 From: Contingency $5,000 These appropriations cover additional costs associated with hanger door maintenance and testing of the under ground fuel tanks. Electric Fund Electric Department To: Purchased Power $144,000 From: Contingency $144,000 The original 1996-97 was based on purchasing 151.3 (MWH). The revised estimate is 159.5 (MWH) or 54 percent more. Central Services Fund Administration 'Fo: Professional Services $6,000 From: Contingency $6,000 This covers additional labor negotation costs. This resolution was read by title only in accordance with Ashland Municipal Code §2.04.090 duly PAS DandADOPT//~/~ is/7 dayof~--~ Barbara Christensen, City Recorder / SIGNED and APPROVED this //JTrday of /~, 1997. Catherine M. Golden, Mayor R~ed as to form;~ Paul Nolte, City Attorney G:\budget\tofa2.97