CCR1968201RESOLUTION iI201-68
AUTHORIZATION OF COMMON COUNCIL TO TRANSFER
UNEXPENDED 1968 BUDGETED FUNDS TO RESERVE
ACCOUNTS * WHEREAS. the estimated 1968 budnet for the City of Muskeno does a indicate the following expenditires:
-
- A/c 553.0612 - Major Road Improvements $39,000.00 A/c 558.082 - Capital Outlay Bldg. 35,000.00 A/c 583.083 - Capital Outlay Land Acq. 3,000.00
A/c 593.086 - Building Fund 15,000.00
WHEREAS, it is anticipated by the Finance Committee that none
of these funds will be expended during the 1968 fiscal year, and
WHEREAS, the Finance Committee has determined that it would be
advisable that these funds be transferred into specific reserve
accounts to be expended during the 1969 fiscal year.
THEREFORE, BE IT RESOLVED that the Common Council does authorize
that these unexpended funds be reserve in 1969 as follows:
A/c 242 - Major Road Improvements $ 39~~~~~~~) pub. Works
246 - Capital Outlay - Building 35,000.00)
A/c 248 - Capital Outlay - Land
A/c 250 - Building Fund 15,000.00) 3,000*oo)Park & Rec.
~
ADOPTED THIS 26 DAY OF kaz. ,1968,
A
a ATTEST:
City Clerk