THE CITY OF MONTICELLO, IOWA
RESOLUTION #2024-92
Authorizing the City Clerk to make the Appropriate Transfers of Sums and Record the Same in the appropriate Manner for FY 2024 for the City of Monticello
WHEREAS, The Council previously approved by Resolution 2023-56, dated April 17, 2023 and Resolution #2024-68, dated April 22, 2024; that the City Clerk be and is hereby authorized by the City Council to make the appropriate transfer of sums as set in FY 2024 budget and record the same in the appropriate manner.
WHEREAS, the transfers approved with Resolutions 2023-56 and 2024-68 are all not to exceed amounts, and
WHEREAS, Council amended the FY 2024 budget on May 20, 2024 and adjusted the transfer of funds.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Monticello, Iowa as follows:
SECTION 1: Authorize the City Clerk to Transfer Funds. That the City Clerk be and is hereby authorized by the City Council to make the appropriate transfer of sums as approved in the FY 2024 budget amendment #2 and record the same in the appropriate manner.
SECTION 2: Transfer of Funds. The City Clerk will transfer the following sums and to record the same in the appropriate manner:
- Transfer from Tournament Fund to Park Improvement – Not to exceed $8,486 for diving boards.
- And –
- Decrease Transfer from General Fund to Capital Improvements – from Not to exceed $50,000.00 to $00.00 .
- Increase Transfer from Youth/Adult Tournaments to Tournament Fund – Not to exceed $19,000 for park improvements.
NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 3rd day of June 2024, that the City Council does hereby approve to make the appropriate transfer of sums listed above for FY 2024.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 3rd day of June 2024.
Wayne Peach, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer