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Resolution 4628 - Budget Amendment - Street Light Maintenance2340' RESOLUTION NO. 4628 A RESOLUTION AMENDING THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2000-2001 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 2001 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 2001 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 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 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 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 Street Light Reserves in the amount of $7000.00 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 Water Fund is hereby amended by allocating an additional $7000.00 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 18th DAY OF JUNE, 2001. W, 1. -bobftdi - Wm. E. Boharski Mayor ATTEST: 1 1 tlieresa White City Clerk a