HomeMy WebLinkAbout127-02 RESOLUTION NO. 127-2002
APPROVING THE FIRST QUARTER FINANCIAL REPORT AND
ADJUSTMENTS TO THE FISCAL YEAR 2002-03 FINANCIAL PLAN
WHEREAS, all revenue and expenditure projections which were made in preparing the
Fiscal Year 2002-03 Financial Plan have been reviewed; and
WHEREAS, first quarter adjustments to the 2002-03 Financial Plan are recommended to
continue balancing expenditures with available revenues and reserves:
Funds in the Contingency Reserve be appropriated as $20,000 for medical
insurance premium increases effective January 1, 2003 and $120,000 be
appropriated for legal services.
WHEREAS, sufficient funding is available in these funds; now, therefore, be it
RESOLVED, that the Danville Town Council approve the first quarter adjustments to
the Fiscal Year 2002-03 Financial Plan.
APPROVED, by the Danville Town Council at a regular meeting held on November 19,
2002, by the following vote:
AYES:
NOES: None
ABSTAINED: None
ABSENT: None
Waldo, Arneri~h, Doyle, Greenberg, Shimansky
MAYOR
APPROVED AS TO FORM:
CITY CLERK