CC Resolution 8873
RESOLUTION NO. 8873
BEING A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CAMPBELL APPROVING A BUDGET ADJUSTMENT TO THE
1995/96 FISCAL YEAR OPERATING BUDGET
WHEREAS, the City Council has adopted a budget for the 1995/96 fiscal year; and
WHEREAS, the City experienced unusual and emergency expenses which were not
anticipated in the budget; and
WHEREAS, a reimbursement has been received from the City's insurance carrier; and
WHEREAS, additional funds are available in the City's General Fund Reserve
Designated for Operations;
NOW, THEREFORE, BE IT RESOLVED, that the City Council authorizes the transfer
of $3,217.92 from the Insurance Claims Refunds account (101.535.4962), $2000 of which shall
be transfered to the Museum budget (101. 528.7427) for repairs to artifacts and the traveling
exhibit, and $1,217 to be transferred to the Building Maintenance budget (101.530.7428) for the
proposed building modifications to be made; and $2500 shall be transferred from the Reserve
Designated for Operations (101.3640) to the Building Maintenance budget (101.530.7428) to
fund the balance of the necessary modifications to the building.
PASSED AND ADOPTED this 5th day of September, 1995 by the following vote:
AYES:
Council Members: Watson, Dougherty, Conant, Burr
NOES:
Council Members: None
ABSENT:
Council Members: None
APPROVED:
c-" ~ --.~~:>
lJonald R. Burr, Mayor
ATTE/) /
// A-
{~
Anne Bybee, City Clerk
LR\STORMDAMAGE\4
CITY OF CAMPBELL"
REQUEST FOR BUDGET ADJUSTMENTS
DEPARTMENT/PROGRAM
DIVISION
DATE
REQUEST NO.
ecreation & Communit Svcs. Museum & BId . Maint.
9/05/95
?,-~?,. '2/.
BUDGET TRANSFER
TO BE REDUCED:
FUND
ACCOUNT NUMBER
DESCRIPTION
AMO~'T
101
3640
Reserve Designated for
Operations
$2,500.
1t ~ 'Vt:; if.
I
TO BE :J:NCR.E.ASED:
FUND ACCOUNT NUMBER DESCRIPTION AMOUNT
101 530.7428 Maintenance to Buildings $2,500.00
101 535.4962 Insurance Claims Refunds $3,217 .00 elK
101 528.7427 Special Departmental Expens $2,000.00
101 530.7428 Maintenance to Buildings $1 , 217 . 00
Rea.on for Reque.t (Be Spec~f~c):
The above transfers reflect the reimbursement to the operating account from an insurance
pay-out for storm-related repairs to artifacts and the building as well as a request for
additional funds from the Reserve Designated for Operations to fund necessary modifications
at the Museum Storage facility to prevent a similar accident/damage in the future.
Si~e:
CITY MANAGER
REV 2/90