HomeMy WebLinkAboutCC Resolution 14175 (Appropriating Unapropriated Revenue FY2015-16)RESOLUTION NO. 14175
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN RAFAEL APPROPRIATING UNAPPROPRIATED
REVENUES FOR FISCAL YEAR 2015-2016
WHEREAS, the City of San Rafael may have unappropriated revenues in its operating
funds as of June 30, 2016; 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
fiscal
year 2015-2016 Budget is amended to appropriate all year-end unappropriated 2015-2016
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, ESTHER C. BEIRNE, 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 15th day of August, 2016, by the following vote to
wit:
AYES: Councilmembers: Bushey, Colin, Gamblin, McCullough and Mayor Phillips
NOES: Councilmembers: None
ABSENT: Councilmembers: None
A-- ►
ESTHER C. BEIRNE, City Clerk