HomeMy WebLinkAbout086-88 RESOLUTION NO. 86-88
A Resolution of the Town Council of the Town of Danville
Adopting a Financial Plan For The Fiscal Years Beginning
July 1, 1988 And Ending June 30, 1990
WHEREAS, pursuant to Ordinance No. 10 the city Manager has prepared
and submitted a Financial Plan describing estimated income and
expense for the fiscal years beginning July 1, 1988 and continuing
through June 30, 1990, and
WHEREAS, during Town Council meetings held on June 7 and 20, and
July 7, the Town Council reviewed, considered, and revised the
proposed Financial Plan for FY88-90.
NOW, THEREFORE BE IT RESOLVED that the Town Council of the Town of
Danville does hereby:
1. Approve the recommended Financial Plan for FY88-90, and
2. Appropriate $12,147,840 from the General Fund plus $38,934,637
from all other funds as shown on the "Income and Expense Summary
By Fund" under the heading "Recommended Appropriation 1987-88"
for the operation of the Town government through June 30, 1990,
and
3. Authorize the City Manager to transfer and spend these
appropriations from the various object and program accounts for
each fund as necessary to implement the service policies of the
Town Council.
4. Appropriate any available balance in the General Fund at the
close of the 1987-88 fiscal year to capital and other service
funds according to existing Town policy.
PASSED, APPROVED AND ADOPTED this 7th day of July, 1988 by the
following vote:
AYES: Greenberg, Jagger, Ritchey, Schlendorf
NOES: None
ABSTAIN: None
ABSENT: Lane ~~ ~ ~~~
ATTEST: CITY CLERK J