HomeMy WebLinkAbout2006-17 Transfer Appropriations
RESOLUTION NO. 2006-17
A RESOLUTION TRANSFERRING APPROPRIATIONS
WITHIN THE 2005-2006 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:
Street Fund
To: Street - Other Financing Uses (lnterfund Loan)
From: Street - Operations
Street - Contingency
$270.000
$135,000
$135,000
To Transfer appropriations from Street - Contingency and Operations to Other Financing
Uses (lnterfund Loan). To pay back loan from the Wastewater Fund for the purchase of
land made late last year. The land purchase was at North Main and Hersey to be used for
future street alignment and intersection improvements.
Telecommunication Fund
To: CATV - Material and Service
From: Telecommunication - Contingency
$50.000
$50,000
To Transfer appropriations from Telecommunication - Contingency to IT - Cable
Television - Material and Services. To cover increased franchise expenses at $30,000,
increased vehicle maintenance and fuel costs at $20,000.
SECTION 2. This resolution takes effect upon signing by the Mayor.
This resolution was read by title only in accordance with Ashland Municipal Code Section
2.04.090 duly PASSED and ADOPTED this J~ day of June, 2006:
~~ Ci~R~o~er -
SIGNED and APPROVED this '}q day of June, 20 . ~
John . Morrison,
,
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