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HomeMy WebLinkAboutORD 2564IJRIGINAL \: ORDIHANCE.NO. 256~ ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AUTHORIZING CLOSING OF THE i969-1970\BUDGET The Council of the City of Palo Alto does OROAIN as follows: SECTION 1. The City Controller is hereby authorized and directed to: (a) Close the 1969-1970 budget accounts in all funds and to make such inter-fund transfers of monies as required by city charter and ordinance, the foregoing transactions to be reflected in the Annual Financial Report for 1969-1970. (b) To establish in the reserve or liability accounts of the various funds amounts sufficient to provide for payment of 1969-1970 purchase orders and contracts which are outstanding as of June 30, 1970. (c) To redistribute between departments, appropriations for classified salaries to cover variances which may arise . . between budget estimates and actual salaries paid to authorized personnel. (d) To increase appropriations in the Utilities Funds in amounts sufticient to provide .-.for the purchase of ad­ d~ tional ,w~ter~ gas, electric, and refuse.collection services,·in the event the sales of said utilities services exceed the original estimates contained in the 1969-i97ri budget. Ce) To carry forward and continue.in effect appropriations in the Capital Improvemen't and Gas Tax street· Improve­ ment Funds for proj~cts.which a.re n~t completed. SECTION 2. T~is ordinance, being an appropriation for the usttal current expenses of the City as authorized-by Palo Alto f,') . -·1 - } . .. • Municipal Code Section 2.04.375(6), shall take-effect upon adoption. INTRODUCED ANO PASSED.: June 22, 1970 AYES: Arnold, Beahr s, Berwald~ Clark, Comstock, Dias, Gallagher, Norton, Pearson, Spaeth NOES: None AJ)SENT: Wheatley ATTES_T :/ _ ( . __.:-/ (1 . c /T ~ct..A .... 1,,u \_-fa_,.,lc~t _ City ClerkJ APPROVEO AS TO FORM: ~ APPROVED: City Conttoller ·' '' I• \· APPROVED: . ~ . /{kJ~Jt (./, Mayor . I . . j ~~;2 - (;