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HomeMy WebLinkAboutCC Resolution 12290 (Appropriating Unnapropriated Revenues)RESOLUTION NO. 12290 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL APPROPRIATING UNAPPROPRIATED REVENUES FOR FISCAL YEAR 2006-2007 WHEREAS, the City of San Rafael may have unappropriated revenues in our operating funds as of June 30, 2007; and WHEREAS, the City will require the use of these funds in the future; and WHEREAS, the City Council wishes to appropriate these revenues for future use. NOW, THEREFORE, BE IT RESOLVED by the City Council of San Rafael that the 2006- 2007 Budget is amended to appropriate all year-end unappropriated 2006-2007 revenues into a reserve for working capital. BE IT FURTHER RESOLVED that all previously appropriated year-end revenues and reserves are classified as working capital reserves. I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of said City held on Monday, the 2nd day of July, 2007, by the following vote, to wit: AYES: COUNCILMEMBERS: Cohen, Heller, Miller, Phillips and Mayor Boro NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None IgAew-Ar. 4. c t JEANNE M. LEONCINI, City Clerk WAManagement Services- WorkFile\Finance- Work File\Council Material\Resolutions\2007\Ci"ppropdating Revenue 06-07.doc iif•,�I ��� .I N� '