The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION # 11-104
Approving an appropriation from City General Fund Cash Reserves
to Ambulance Operating Fund in the approximate amount of $50,000.00,
transfer to be deemed effective on June 30, 2011.
WHEREAS, The Ambulance Operating Fund was established July 1, 2008 to account for the operations of the Ambulance Department, and
WHEREAS, From a bookkeeping and accounting standpoint the annual expenses of the Ambulance Fund cannot exceed the available Ambulance Fund cash, and the Ambulance Fund cannot end the fiscal year with a negative balance.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve the appropriation to of approximately $50,000 +/-, the exact amount to be determined by the City Clerk as of the close of business on June 30, 2010, from General Fund cash reserves to the Ambulance Revenue Fund.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 5th day of July, 2011.
John Sauser, Mayor Pro Tem
Attest:
Sally Hinrichsen, Monticello City Clerk