Resolution 4627 - Budget Amendment - Water Meter Replacement Program2339
RESOLUTION NO. 4627
A RESOLUTION AMENDING THE ANNUAL APPROPRIATIONS OF THE CITY OF
KALI SPELL, MONTANA, AS SET FORTH IN THE 2 0 0 0 - 2 0 01 BUDGET ADOPTED BY
THE CITY COUNCIL FOR THE PURPOSE OF APPROPRIATING FUNDS FOR THE
WATER METER REPLACEMENT PROGRAM.
WHEREAS, in the budget adopted by the City of Kalispell for the
2001 fiscal year, certain detailed and itemized estimates
of expenditures for installation of water meters have
proven inaccurate in the operation of the said Water Fund
for the 2001 fiscal year, and
WHEREAS, the overall expenditures of the said Water Fund are
currently not in excess of the total of such estimates of
expenditures adopted in the City's budget for the 2001
fiscal year, however, it does appear that the total of
the budgeted appropriations in said classification will
exceed such estimate for the balance of the 2001 fiscal
year, and
WHEREAS, reserves available under Water Fund classification will
have cash not appropriated and said excess may be
utilized, so that the respective budget appropriations
are not exceeded by expenditures, and
WHEREAS, said reserves are revenue accruing to the City not
appropriated pursuant to Section 7-6-4271, and
constitutes an overall increase in appropriation
authority, and
WHEREAS, the appropriate fund would be a Water Fund, 5210, with
the appropriate expenditure line item 5210-447--430550-
948.
WHEREAS, On June 18, 2001 at 7:00 o'clock P.M., in the Council
Chambers, City Hall, Kalispell, a public hearing was held
on appropriating funds from the Water Fund Reserves in
the amount of $185,200.00 for the purpose of funding the
water meter replacement program.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION I. That the annual appropriation for the Water
Fund is hereby amended by allocating an
additional $185,200.00 from the Water Fund
Reserves for the purpose of funding the water
meter replacement program.
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