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HomeMy WebLinkAboutRESOLUTION NO. 2023-81RESOLUTION NO. 2023-81 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS WHEREAS, the city clerk/treasurer has submitted the following transfer needed. Section 1. Water Fund to Water Debt Service Fund: a. Transfer Order: $87,600 from the Water Fund checking account to the Water Debt Service Fund checking account, per FY24 budget for debt obligations. Section 2. General Fund to Garbage Fund: a. Transfer Order: $6,000 from the General Fund checking account to the Garbage Fund checking account for FY23, as of June 30, 2023 Section 4. Total transfers by fund: a. Water Fund to Water Debt Service Fund (FY24) b. General Fund to Garbage Fund (FY23): Total of Transfers Needed: 87,600.00 6,000.00 $93,600.00 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that the city clerk/treasurer is directed to make this recommended transfer. BE IT FURTHER RESOLVED, that the Mayor and City Clerk/Treasurer are hereby authorized and directed to execute said resolution. Passed and approved this 1 lth day of July, 2023. AYES : NAYS : � C C'. /Zs7v f ' ...� Jo Ann Beer, Mayor ATTEST: � � ��' '� , � ' '' " � . Cyr�thia K. Stimson, ity Clerk/Treasurer � �a,=� �_ ��,�� y ; ,,, _�� � � :, , ,,, a;. � , � � �., � � � �K����