HomeMy WebLinkAbout1998-08 Authorizing Transfer of Funds within 1997-98 Budget
RESOLUTION NO. 98-08
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF PARKLAND, FLORIDA, AUTHORIZING THE
TRANSFER OF FUNDS WITHIN THE 1997-1998 BUDGET AS
ESTABLISHED IN ORDINANCE NO. 97-16; AUTHORIZING
THE TRANSFER OF FUNDS WITHIN THE CAPITAL
PROJECTS FUND
WHEREAS, the City Commission of the City of Parkland, Florida in accordance
with Ordinance No. 97-16, Section 3, recognizes the necessity for the transfer of funds
from one fund, account or department to another to provide and maintain a proper
accounting for all financial transactions; and
WHEREAS, the City Commission of the City of Parkland, Florida authorizes the
transfer of funds within the Capital Projects Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF PARKLAND, FLORIDA:
Section 1. That the City of Parkland hereby authorizes the transfer of funds
within the Capital Projects Fund as described in Exhibit A attached hereto and made a part
hereof
Section 2. That the 1997-1998 Budget, as established by Ordinance No. 97-16
shall be amended to reflect the changes in accordance with Exhibit A attached hereto.
Section 3. That all Resolutions or parts of Resolution in conflict herewith are
hereby repealed to the extent of such conflict.
Section 4. That this Resolution shall be in full force and effect immediately
upon its passage and adoption.
PASSED AND ADOPTED THIS 4 DAY OF MARCH
,1998.
CITY OF PARKLAND, FLORIDA
SAL1f:~
ATTEST:
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SUSAN ARMSTRONG, C.M.C.
CITY CLERK
RESOLUTION NO. 98-08
RESOLUTION NO. 98-08
EXHIBIT A
BUDGET AMENDMENT PROPOSED
CAPITAL PROJECT' FUND - 306:
FUND ACCOUNT
PAGE NUMBER INCREASE DECREASE
49 384.005 Borrowing Proceeds $ 621,000
50 381.205 PnorYearCanyover $ 621,000
51 506.505 Construction in Progress $ 407,500
51 506.998 Reserve for Capital Improvements $ 407,500
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