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HomeMy WebLinkAbout2009-20 Transferring Appropriations 2008-2009 RESOLUTION NO. 2009-d D A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2008-2009 BUDGET THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION I. 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: General Fund To: Administrative Services - Economic & Cultural Grants From: Contingency $43.000 $43,000 To Transfer appropriations from Contingency to Economic & Cultural Grants in recognition of the increased $43,000 granted to the Chamber of Commerce in FY 2008- 2009 as part of the higher Transient Occupancy Tax rate set by Resolution 2008-35. Capital Improvements Fund To: Personal Services From: Contingency $10.000 $10,000 To Transfer appropriations from Contingency to Facilities, Personal Services budget to ensure sufficient appropriations to cover leave bank and benefit costs paid out in accordance with employment agreements. Electric Fund To: Electric - Conservation Division From: Contingency $10.000 $10,000 To Transfer appropriations from Contingency to Conservation Program to ensure sufficient coverage for conservation loans and related expenses approved late in the fiscal year. Total To: Department Appropriations . $63.000 Total From: Contingency $63.000 SECTION 2. This resolution was duly PASSED and ADOPTED this ~ .s-day of June, 2009 ect upon signing by the Mayor. Page I of2 Barbara Christensen, City Recorder / SIGNED and APPROVED this..2.s-day of June, 2009: Reviewed as to form: --~~ ~ Page 2 of2