R-11-52 RESOLUTION NO. R -11 -52
REAPPROPRIATION OF CAPTIAL PROJECT FUNDS TO FY 2012
WHEREAS, each year City staff presents to the City Council a list of capital projects with
unobligated funds and a recommendation as to whether or not those funds should be
reappropriated; and
WHEREAS, this situation occurs when funds are appropriated, but as of the end of the fiscal
year have not been either spent or obligated through the issuance of a contract or purchase
order; and
WHEREAS, the estimated fund balance for the 2012 budget was based on the assumption
that these funds would be reappropriated.
NOW THEREFORE, IT IS HEREBY RESOLVED that the attached List of Capital
Projects and Funds shall be reappropriated to FY 2012.
Adopted this 8 day of November 2011.
Mayor
ATTEST:
City Clerk
The vote on the motion to approve was recorded as follows:
VOTE:
Councilman Drummond Aye
Councilman Greenfield Aye
Councilman Meyer Aye
Councilmember Schmidt Aye
Councilman Silverthorne Aye
Councilman Stombres Aye