HomeMy WebLinkAbout1995-49-01.17.1995 RESOLUTION NO. 1995-49
RESOLUTION TRANSFERRING FROM THE TRUST AND
AGENCY FUND THE SUM OF ONE MILLION THREE
HUNDRED EIGHTY-NINE THOUSAND THREE HUNDRED
SEVENTY DOLLARS AND FIFTY-SEVEN CENTS
( $1, 389, 370 . 57) TO THE GENERAL FUND AND THE
SUM OF TWO HUNDRED SIXTY-FOUR THOUSAND
SEVENTEEN DOLLARS AND SEVENTEEN CENTS
( $264,017. 17) TO THE ROAD USE TAX FUND.
WHEREAS, the City Council passed the 1995 Fiscal Budget on
March 9, 1994 allocating $3 ,722 , 195 . 00 to the General Fund and
$329,797 . 00 to the Road Use Tax Fund for the City' s share of
Insurance, FICA and IPERS.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WATERLOO, IOWA, that a transfer be made for the amount of
$1, 389, 370. 57 from the Trust and Agency Fund to the General Fund
and a transfer be made for the amount of $264, 017 . 17 from the Trust
and Agency Fund to the Road Use Tax Fund for Insurance, FICA and
IPERS costs as allowed by Section 384. 12 of the State Code of Iowa.
PASSED AND ADOPTED this 17th day of January, 1995.
John R. 'o.' f, Mayor / ,
ATTEST:
Susan Fangman, Cit lerk
l-.
JV 95