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HomeMy WebLinkAbout022-96RESOLUTION NO. 22-96 APPROVING THE MID-YEAR ADJUSTMENTS TO THE FISCAL YEAR 1995-96 FINANCIAL PLAN WHERF~S, staff has reviewed all revenue and expenditure projections which were made in preparing the Fiscal Year 1995-96 Financial Plan; and WHEREAS, several mid-year adjustments to the 1995-96 Financial Plan are recommended by staff to continue balancing expenditures with available revenues; and WHEREAS, the net effect of the mid-year adjustments is projected to be a $31,750 reduction in Operating Transfers into the General Fund during the current fiscal year; and WHEREAS, sufficient funding was reserved for this purpose with the acceptance of the audited Comprehensive Annual Financial Report; now, therefore, be it RESOLVED, that the Town Council of the Town of Danville approve the mid-year adjustments to the Fiscal Year 1995-96 Financial Plan. APPROVED, by the Town Council of the Town of Danville at a Regular Meeting held on February 20, 1996, by the following vote: AYES: Greenberg, NOES: None ABSTAINED: None ABSENT: None Shimansky, Arnerich, Doyle, Waldo MAYOR APPROVED AS TO FORM: CITY ATTORNEY ATTEST: CITY CLERK