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authorization from the City Manager, or his designee, be transferred by the Director of <br />• Finance to any departmental account, and notwithstanding any other provision of this <br />resolution to the contrary, be expended for salaries or employee benefits in such account <br />in the manner as sums originally appropriated thereto. <br />E. The portions of the foregoing appropriations to individual departments or <br />agencies intended for motor vehicles and related equipment shall be transferred to the <br />Equipment Replacement Fund for expenditure as hereinafter provided. <br />F. The amount above appropriated for Debt Payment shall be transferred to the <br />Debt Service Fund. In addition, one cent of the four -cent meals tax (25% of the meals <br />tax revenue) will be deposited into the Debt Service Fund to be reserved for debt service <br />on a future bond issues. <br />G. The amount above appropriated as a Council Reserve shall not be deemed to <br />expire at the end of the fiscal year, but shall continue in effect unless altered by further <br />action of City Council. <br />H. The amount above appropriated as Hedgerow Properties shall not be deemed to <br />expire at the end of the fiscal year, but shall continue in effect unless altered by further <br />action of City Council. <br />I. Sums appropriated in the General Fund which have not been encumbered or <br />• expended as of June 30, 2007, shall be deemed to revert to the unappropriated balance of <br />the General Fund, unless Council by resolution provides that any such sum shall be a <br />continuing appropriation. <br />J. At the end of the current fiscal year, any unexpended portions of the foregoing <br />appropriations to individual departments or agencies intended for health and medical <br />benefit programs shall be transferred to a fund referred to below as the "Health Benefits <br />Fund." <br />K. Sums appropriated in the General Fund which have not been encumbered or <br />expended as of June 30, 2007[i.Bi7 and are in excess of 12% of General Fund expenditures <br />for the next fiscal year shall be deemed to revert to the Capital Fund contingency account <br />for future one-time investments in the City's infrastructure as part of the year-end <br />appropriation. <br />L. The proceeds of the sale of any real property to be used for parking shall be <br />appropriated to the "Strategic Investments Account" account in the Capital Fund. <br />M. Budgeted and realized revenues for Parking Fines in excess of $405,000 as of <br />June 30, 2007 shall be transferred from the General Fund to the "Parking Account" in the <br />Capital Fund. <br />0 <br />