HomeMy WebLinkAbout1993-727-12.20.1993 ,. � RESOLUTION NO. 1993-727
RESOLUTION TRANSFERRING FROM THE TRUST AND
AGENCY FUND THE SUM OF ONE MILLION FOUR
HUNDRED SEVENTY-TWO THOUSAND FIVE HUNDRED FOUR
DOLLARS AND SEVEN CENTS ( $1 , 472, 504 . 07) TO THE
GENERAL FUND AND THE SUM OF ONE HUNDRED
EIGHTY-EIGHT THOUSAND SEVEN DOLLARS AND
TWENTY-FIVE CENTS ( $188,007 . 25) 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
$1, 472, 504 .07 from the Trust and Agency Fund to the General Fund
and a transfer be made for the amount of $188,007 . 25 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 20th day of December, 1993.
age-i
Albert C. Manning, Jr. , r
ATTEST:
I�l?7
Tom C ell, cting Jerk/Auditor
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