Laserfiche WebLink
DRAFT <br />attorney\ordwork\current\Transfer of Funds Ord 2009 <br />ORDINANCE N0. <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />AUTHORIZING AND DIRECTING THE DIRECTOR OF FINANCE TO <br />TRAIVSFER FUNDS FROM A O1VE LUMP SUM SINGLE LINE ITEM AND <br />REDISTRIBUTE TO THE APPROPRIATE DEPARTMENTS; MAKING OTHER <br />FINDIIVGS AND PROVISIONS RELATED TO THE SUBJECT; PROVIDING A <br />REPEALER CLAUSE, A SEVERABILITY CLAUSE, A SAVINGS CLAUSE; AND <br />PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, one of the last changes to the proposed 2008-09 budget was the <br />addition of a$660 lump sum payment to all full time city employees; and, <br />WHEREAS, due to time constraints, this cost was shown in the budget as a single <br />line item although when the payment was made, each department was charged for their <br />appropriate portion of this expense; and, <br />WHEREAS, this redistribution does not increase the budget, but will more <br />accurately reflect expenditure percentages currently in the monthly financial report and <br />this transfer should in all things be approved. <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this ordinance are hereby <br />in all things approved. <br />Section 2. That the Director of Finance be, and he is hereby, authorized and <br />directed to transfer unencumbered appropriation balances from the following accounts in <br />the amounts shown as follows: <br />GENERAL FUND <br />1. Line Item Account No. 01-9999-91-00 <br />TOTAL <br />to be transferred and distributed, respectively, to the following accounts : <br />1 <br />$ 254,361 <br />$ 254,361 <br />- U 0 Cj <br />