HomeMy WebLinkAboutRES 2506 CITY OF RENTON, WASF.INGTON
RESOLUTION NO. 2506
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON
TRANSFERRING FUNDS
WHEREAS it is necessary and advisable to transfer the below
specified funds and such transfer being necessary and in the public
interest and for the public benefit , NOW THEREFORE
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
RESOLVE AS FOLLOWS :
SECTION I : The Director of Finance is hereby authorized
and directed to make the following transfers :
See Exhibit "A" attached hereto and made a part
hereof as if fully set forth herein
PASSED BY THE CITY COUNCIL this 9th day of May, 1983 .
Maxine E. ot�or,City Clergy:
APPROVED BY THE MAYOR this 9th day of May, 1983 .
Barbara Y.uShinpoth, Mayor
Approved as to form:
Ua ce J . a en, City Attorney
EXHIBIT "A"
CITY OF RENTON, WASHINGTON
RESOLUTION NO. 2506
Transfer of funds for payment of the annual adjustment of the City' s
retrospective insurance rating program, covering the first adjustment
of the policy period July 1, 1981 to July 1, 1982 and the second
adjustment of the policy period July 1 , 1980 to July 1 , 1981 on
general liability, auto liability and physical damage. Transfer of
funds to provide for payment due is as follows:
TRANSFER FROM: CUMULATIVE RESERVE FUND #3467
( Insurance Reserve)
Expenditure a/c 117/000/04. 597.00. 50.00 -------------------- $17,445.00
TRANSFER UNTO: CURRENT FUND
Revenue a/c --- 000/000/397.00.00.01 (Opr. Transfers-in) --- $ 8,268.93
Expenditure a/c 000/000/04.519.90.46.00 -------------------- $ 4,692. 71
(26 .9%) Miscellaneous Services/Insurance Account
Expenditure a/c 000/000/08. 521. 10.46.00 -------------------- 1,831 .72
(10. 5%) Police Administration/Insurance Account
Expenditure a/c 000/000/09.522. 10.46 .00-------------------- 1 ,744.50
(107.) Fire Administration/Insurance Account
TOTAL CURRENT FUND -------------------- $ 8,268.93
PARK FUND
Revenue a/c --- 101/000/397.00.00.01 (Opr. Transfers-in) --- $ 2, 198.07
Expenditure a/c 101/000/20. 574. 10.46.00 --------------------
$ 2,198.07
(12.6%) Parks Administration/Insurance Account
WATERWORKS UTILITY FUND
Revenue a/c --- 401/000/397.00.00.01 (Opr. Transfers-in) --- $ 2,093.40
Expenditure a/c 401/000/15. 501.37.46.00 -------------------- $ 2,093.40
(127.) Water Utility/Insurance Account
EQUIPMENT RENTAL FUND
Revenue a/c --- 501/000/397. 00.00.01 (Opr. Transfers-in) --- $ 4,884.60
Expenditure a/c 501/000/15. 501 .81 .46.00 ------=------------- $ 4,884.60
(287.) Equipment Rental/Insurance Account
( 1007.) TOTAL TRANSFER TO INSURANCE ACCOUNTS -- $17,445.00