HomeMy WebLinkAbout034-98RESOLUTION NO. 34-98
APPROVING THE MID-YEAR ADJUSTMENTS TO THE
FISCAL YEAR 1997-98 FINANCIAL PLAN
WHEREAS, staff has reviewed all revenue and expenditure projections which were made in
preparing the Fiscal Year 1997-98 Financial Plan; and
WHEREAS, three mid-year adjustments to the 1997-98 Financial Plan are recommended by staff
to continue balancing expenditures with available revenues, including:
· An increase in the Building and Planning Special Revenue Fund appropriations of
$175,800 to fund contract inspection, plan checking, and planning services, offset by
increased building and planning revenues and salary savings.
· $10,000 appropriation to replace decorative banners in Old Town, funded from the
Towifs contingency reserve
· $10,727 increase in salary and wages for the expansion of the City Attorney/Assistant
Town Manager's Administrative Secretary position from 80% to full-time, funded by
available General Fund revenues.
WHEREAS, sufficient funding is available in these funds; now, therefore, be it
RESOLVED, that the Danville Town Council approve the mid-year adjustments to the Fiscal
Year 1997-98 Financial Plan.
APPROVED, by the Danville Town Council at a Regular Meeting held on February 17, 1998,
by the following vote:
AYES: Waldo,
NOES: None
ABSTAINED: None
ABSENT: None
Arnerich, Doyle, Greenberg,
Shimansky
MAYOR
PPROVED AS TO FORM:
CITY ATTORNEY
ATTEST:
CITY CLERK