R-24-42RESOLUTION NO. R-24-42
REAPPROPRIATION OF GENERAL FUNDS
WITHIN THE APPROVED FY 2025 BUDGET
WHEREAS, City staff is recommending a reappropriation of general funds currently
appropriated in the FY 2025 approved budget; and
WHEREAS, this situation occurs when previously allocated funds are repurposed and made
available for use to a new project or initiative within the same fiscal year; and
WHEREAS, this action is net neutral to the general fund since this is a reappropriation of
existing funds.
NOW THEREFORE, IT IS HEREBY RESOLVED that the attached list of general funds shall
be reappropriated within the approved FY 2025 Budget.
APPROVED FY 2025 GENERAL FUND
ACCOUNTS
32000000-447100 -General Fund Transfers
10530650-550624-Economic Development Initiatives
Introduced:
Adopted:
ATTEST:
December 3, 2024
December 10, 2024
The vote on the motion to approve was recorded as follows:
VOTE:
Councilmember Bates Aye
Councilmember Doyle Feingold Aye
Councilmember Greenfield Aye
Councilmember Lim Naye
Councilmember Ross Aye
Councilmember Stehle Aye
REDUCE
$5;000,000
Mayor
INCREASE
$5,000,000