12-10 Interfund Transfer

RESOLUTION NO. 12-10

A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE 2012-2013 BUDGET

THE CITY OF SODAVILLE RESOLVES AS FOLLOWS:

Section 1.

Because of the circumstances state below, the mayor and City Council of the City of Sodaville determine that it is necessary to transfer appropriations as follows:

Water Fund

To: 350-2 Health Benefits - $3600

From: Contingency $3600

This transfer provides monies of $500 per month for Health Benefits for Public Works Director Stanley Smith as approved by the Sodaville City Council on September 20, 2012.

Street Fund

To: 250-4 Health Benefits - $225

From: Contingency $225

This transfer provides monies for $500 per month for Health Benefits for Public Works Director Stanley Smith as approved by the Sodaville City Council on September 20, 2012.

General Fund

No transfer needed.

Section 2.

This resolution takes effect upon signing by the Mayor. The complete resolution was read.

Passed by the Council this 19 day of January, 2012.