E/5. Resolution 4700 - Light FundRESOLUTION NO. 4700
A RESOLUTION AMENDING THE ANNUAL APPROPRIATIONS OF THE CITY OF
KALISPELL, MONTANA, AS SET FORTH IN THE 2001-2002 BUDGET ADOPTED BY THE
CITY COUNCIL FOR THE PURPOSE OF APPROPRIATING FUNDS FOR STREET LIGHT
MAINTENANCE.
WHEREAS, in the budget adopted by the City of Kalispell for the 2002
fiscal year, certain detailed and itemized estimates of
expenditures for street light maintenance have proven
inaccurate in the operation of the said Light Maintenance
Fund for the 2002 fiscal year, and
WHEREAS, the overall expenditures of the said Fund are currently not
in excess of the total of such estimates of expenditures
adopted in the City's budget for the 2002 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 2002 fiscal year, and
WHEREAS, reserves available under Light Maintenance 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 Light Maintenance Fund,
2400, with the appropriate expenditure line item 2400-410-
430263-341, and
WHEREAS, On May 20, 2002 at 7:00 o'clock P.M., in the Council
Chambers, City Hall, Kalispell, a public hearing was held
on appropriating funds from the Street Light Reserves in the
amount of $20,000.00 for the purpose of funding the increase
in electrical costs for street lighting.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION I. That the annual appropriation for the Light
Maintenance Fund is hereby amended by allocating
an additional $20,000.00 from the Street Light
Reserves for the purpose of funding the increase
in electrical costs.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE
CITY OF KALISPELL, THIS 20TH DAY OF MAY, 2002.
Pamela B. Kennedy
ATTEST: Mayor
Theresa White
City Clerk