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HomeMy WebLinkAboutAgenda Statement 1974/08/06 Item 30 AGENDA ITEM NO. ..[ 30 ] CHULA VISTA CITY COUNCIL MEETING OF: August 6, 1974 ITEM TITLE: Resolution - Transfer of Funds - Cash Basis to General Fund INITIATED BY: Director of Finance BACKGROUND Section 1112 of the City Charter authorizes the City Council to make transfer of the Cash Basis Fund from time to' time as the need arises to finance the operation of the City. The most critical period of need is from July 1 to December 31 each year. This being the time when ad valorem property taxes are collected by the County and not remitted to the City until late in December. The request is to transfer the amount of $243,100 in the Cash Basis Fund to the General Fund. This amount must be returned by June 30, 1975. ~,~ .; ATfACHED: Resolution &c 1 ~dina.1C8 [ ] Agr-ecment [ ] P''l~' [ lJ .\ ..a.(.._\.oo See EXHDITS [x] trOt 1 Fjnancial Statement: N/A Cmrmission-Board Reccnunendation: ---- N/A" Denartment He&1 Recow~endation: Approval _-'" 17 f:~~.J\fanager Recom~ndaticr':.: Concur f{ 7V()~ :'orm No. F-229 12/73 CERTIFICATE OF CITY/DIRECTOR OF FINANCE Certification of Unappropriated Balance I HEREBY CERTIFY that the monzy required for the appropriation of funds for the purpose set forth in the attached resolution is available in the Treasury, or is anticipated to come into the Treasury, and is otherwise unappropriated. Amount $ Fuz:d Purpose Bidder Director of Finance The City of Chula Vi.sta Date By Certi.fication of unencumbered Balance I HE&SBY CERT!FY that the indebtedness and oblig.ation to be incurred by the contra:t or agreement authorized by the attached resolution can be incurrea. without the violation of any of the provisions of the Charter of the City of Chu1a Vista, or the Cor.5titutio~ or the laws of the State of California, that sufficient monies have be~n appropriated for the purpose or said contract, that sufficient rr;onies to meet the obligations of the contract are actually in the Treasury, or are anticipated to come into the Treasury to the credit of the appropriation from which the same are to be drawn, and that said wonies now actually, in the Treasury, together with the monies anticipated to come into the Treasury, to the credit of said appropriation are otherwise unencumbered. Amount Not to Exceed $~OO.OO . fJ~~~ mJ~__ ~ Di~ector of Finance The City of Chula Vist.a Date 8/6/74 Fund 02 Bv .. Dept./Activity N/A Purpose Transfer of Monies from the Cash Basis Fund to the General Fund to finance operations orthe City. Bidder N/A ""!"~'''; ~-:; ""'~r~ 't," . \".,..., t...._. _I. ,...t, .,,0.. -..-.--,'...--- -...---- 7 'jl/vf/,