CC Resolution 8640
RESOLUTION NO. 8640
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
AMENDING THE CITY'S OPERATING BUDGET
FOR THE 1993-1994 FISCAL YEAR
WHEREAS, the City Council has adopted an operating budget for all departments and
facilities of the City of Campbell for the Fiscal Year 1993-1994; and
WHEREAS, the City Council took action to amend the operating budget; and
WHEREAS, all amendments have been incorporated into the total calculation;
WHEREAS, the Dillon Gilman L.I.D. has received two pre-payments of assessments
allowing the District the opportunity to call bonds and reduce future debt service;
WHEREAS; total bond calls proposed amount to $5,000 and an additional $150
premium cost to call the bonds;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Campbell that the operating budget be amended in the amount of $5,150.
PASSED AND ADOPTED this 19th day of April, 1994 by the following roll call
vote:
AYES:
Council members
Conant, Ashworth, Burr, Dougherty, Watson
NOES:
Council members
None
ABSENT:
Council members
None
APPROVED:
ATTEST:
~~
Anne Bybee, City Clerk
City of Campbell
Request for Budget Adjustment
DepartmentIProgram
0Ivisi0n
Date
Request No.
Finance
Accounting
04/1 9/94
q J ,. ()'f ..,lff,
Budget to be Reduced:
Fund
Account Number
Descr' ion
Amount
067
206.2290
Unappropriated Fund Balance
Dillon-Gilman Ll.D. '30
5,150.00
$/Cf. 77 S(2.-
.
Budget to be Increased:
Fund
Account Number
Description
Amount
067
06.541.0000.4775
Principal Payments
5,000.00
067
06.541.0000.4775
Paying Agent Fees
150.00
Reason for Request (Be Specific):
Increase FY 93/94 Debt Service budget to provide for early bond call transaction, due to receipt
of early pay-off of assessments by Leo Bernardi and California Land Title Company.
Rev 6/92
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