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HomeMy WebLinkAboutR-0789 - Transferring revenues and appropriations from the current expense fund to the revenue sharing fundRESOLUTION NO.~1 RESOLUTION OF THE CITY OF MARYSVILLE TRANSFERRING REVENUES AND APPROPRIATIONS FROM THE CURRENT EXPENSE FUND TO THE REVENUE SHARING FUND. WHEREAS.Federal and State regulations require segregation of Federal Revenue Sharing Funds from the Current Expense Fund:and WHEREAS,the 1973 bUdget for the City of Marysville has provided for Federal Revenue Sharing Funds as hereinafter provided,but did not segregate them, NOW.THEREFORE,BE IT RESOLVED by the City Council of the City of Marysville,Washington as follows: SECTION 1.That there is hereby created a fund of Federal Revenue Sharing. SECTION 2,That there is hereby transferred from the Current Expense Fund the estimated revenues and appropriations, being the sum of $63.000.00,to the Federal Revenue Sharing Fund in the following classifications: A.Police salaries and wages and personnel benefits -$59.000.00. B.Police capital expenditures -$4,000.00. SECTION 3.That the Treasurer and City Clerk be and they are hereby authorized to take such steps as are necessary to accomplish the above transfer. ADOPTED By the City Council of the City of ~arysville, Washington,at its regular meeting held on the .l£r day of May.1973. ATTEST: tl!u.dU-t d&-?~ City Clet'k .. . • I •..' CITY OF MARYSVILLE BY~~'d~l i Mayor .... -t ~C,. ~...!.~I