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CCP 04-29-1996
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CCP 04-29-1996
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<br /> ---- <br /> ----- <br /> I <br /> I <br />Brian Fritsinger, City Administrator -I <br />Page 2 <br />April 24, 1996 <br />4. 1995 TCAAP Fund No. 229 Operating Transfer I <br /> As was discussed during the 1996 budget process, a $50,000 1995 operating transfer from I <br /> the General Fund to the TCAAP Fund was contemplated. However, due to uncertain <br /> 1995 operating results stemming from significantly reduced property tax collections only <br /> a $20,000 operating transfer has thus far been transferred. Based upon preliminary 1995 I <br /> audit results, it appears that another $20,000 1995 operating transfer can be supported <br /> from the General Fund. <br />Recommendation I <br />If Council concurs with these actions they should consider approving, under the Consent <br />Calendar at the April 29, 1995 Council meeting, to authorize Staff to execute the following 1995 I <br />financial transactions: <br /> I. Close Fund 305 into Fund 501 (Permanent Improvement Revolving) I <br /> 2. Close Fund 320 into Fund 507 (Permanent Improvement Revolving) <br /> , Close Fund 224 into Fund 101 (General Fund) <br /> .). <br /> 4. Book a $20,000 Operating Transfer from the General Fund to the TCMP Fund .. <br /> (No. 229) <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> .. <br /> I <br /> i <br />
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