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HomeMy WebLinkAboutRes 2013-08-14 Transfer Funds for PW and UB Bldg remodels.pdfCITY OF ANNA, TEXAS NXIESOLUTION2013-081 A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AND AUTHORIZING THE COMMITMENT OF FUNDS FROM THE GENREAL FUND UNASSIGNED BUND BALANCE TO THE GENREAL FUND COMMITTED FUND BALANCE WHEREAS, Financial Policies of the City of Anna, Texas (the "City") outline the types of fund balance; and, WHEREAS, the City Council of the City of Anna, Texas (the "City Council") can commit Unassigned Fund Balance for a specific purpose in accordance with the Financial Policies; and, WHEREAS, the City Council wishes to fund necessary improvements to various City Facilities from the City's Unassigned Fund Balance; and, WHEREAS, the commitment of funds will still maintain the Minimum Unassigned Fund Balance in excess of 25% of total appropriations as stated in the City's Financial Policies; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Commitment of Fund Balance The City Council hereby commits $435,000 of Unassigned Balance to Committed Fund Balance for the improvement, remodel, and removal of various City Facilities. PASSED by the City Council of the City of Anna, Texas, on this 27th day of August 2013. ATTEST: APPROVVT: _ 17atha Wilkison, City Secretary t,:,.,�}+++++ �lUJjke Crist, Mayo 0' O F A✓ m P o a< • � P y P � Res. 2013-08-14 Transfer of Funds for PW and UB bldg. remo��ls� PAGE 1 OF 1 08-27-13