HomeMy WebLinkAbout026-97RESOLUTION NO. 26-97
APPROVING THE MID-YEAR ADJUSTMENTS TO THE
FISCAL YEAR 1996-97 FINANCIAL PLAN
WHEREAS, staff has reviewed all revenue and expenditure projections which were made
in preparing the Fiscal Year 1996-97 Financial Plan; and
WHEREAS, four mid-year adjustments to the 1996-97 Financial Plan are recommended by
staff to continue balancing expenditures with available revenues, including 1) an
appropriation increase in the Building and Planning Special Revenue Fund of $90,174, offset
by $78,625 in increased development revenues, 2) a $5,000 appropriation in the Low and
Moderate Income Housing Fund for consulting and legal services, 3) a $5,000 increase in
the Town Hall parking lot repair project to include telephone cable installation, funded by
the Capital Improvement Fund, and 4) a $10,000 appropriation in the Capital Improvement
Fund for pay for stabilization of the hill behind the Town Service Center.
WHEREAS, sufficient funding is available in these funds; now, therefore, be it
RESOLVED, that the Town Council of the Town of Danville approve the mid-year
adjustments to the Fiscal Year 1996-97 Financial Plan.
APPROVED, by the Town Council of the Town of Danville at a Regular Meeting held on
February 18, 1997, by the following vote:
AYES: Doyle,
None
NOES:
ABSTAINED: None
ABSENT: None
Waldo, Arnerich, Greenberg, Shimansky
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MAYOR
APPROVED AS TO FORM:
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CITY ATTORNEY '
ATTEST:
CITY CLERK