HomeMy WebLinkAboutRESOLUTION NO. 922 RESOLUTION NO. �
WHEREAS, the City of Fairfax, Iowa, objects to the State of Iowa's
City Finance Committee's proposed rule changes regarding capital budgets
and transfers.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Fairfax,
Iowa, as follows:
The City Council of Fairfax, Iowa, hereby opposes and respectfully
objects to the State of Iowa's City Finance Committee's recommendation
and proposed rule changes which would require cities to amend their
annual budget every time a new capital project is started or a change is
made in a capital project included in the original budget and which
would alter the manner in which city officials handle capital project
budgets and transfers between utility funds, governmental funds and
capital project funds.. Such a change in state mandated accounting
practices is duplicitous, burdensome and unnecessary for smaller cities
and any benefits which might result from such charge in accounting
practices is outweighed by the burden placed upon the smaller cities to
comply with such additional. requirements.
Passed this day of September, 1982.
;aures Stallman, Mayor
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Vir is Soukup, City Cler