HomeMy WebLinkAbout1994-238-05.23.1994 RESOLUTION NO. 1994-238
RESOLUTION TRANSFERRING FROM THE TRUST AND
AGENCY FUND THE SUM OF FOUR HUNDRED NINETY ONE
THOUSAND FIVE HUNDRED TWENTY EIGHT DOLLARS AND
THIRTY FOUR CENTS ( $491 , 528 . 34) TO THE GENERAL
FUND AND THE SUM OF NINETY FOUR THOUSAND ONE
HUNDRED FIFTY SIX DOLLARS AND SIXTY EIGHT
CENTS ( $94 ,156 .68) TO THE ROAD USE TAX FUND.
WHEREAS, the City Council passed the 1994 Fiscal Budget on
February 23, 1993 allocating $3, 280, 260 . 00 to the General Fund and
$500, 000. 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
$491 , 528 . 34 from the Trust and Agency Fund to the General Fund and
a transfer be made for the amount of $94, 156 . 68 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 23rd day of May, 1994.
i
John R. oof , ayor
ATTEST:
V222
om C. •bel Acting Clerk/Auditor
JV9)+ ij