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R2009-241 AUTHORIZING INTERFUND LOAN
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R2009-241 AUTHORIZING INTERFUND LOAN
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Last modified
10/12/2015 3:32:43 PM
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10/12/2015 3:32:42 PM
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Resolution/Ordinance
Res Ord Num
R2009-241
Res Ord Title
AUTHORIZING INTERFUND LOAN 2008 PROJECT FUND TO GENERAL FUND
Department
Finance
Approved Date
11/30/2009
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. ' <br /> The Finance Director, Ron Neufeld will be in attendance at the City Council meeting to <br /> answer any questions of the City Council on this item. <br /> BUDGET/TIME IMPLICATIONS: <br /> This has no direct impact on the City budget, but this does provide the flexibility to move <br /> money from the 2008 Project Fund to the General Fund, to avoid negative fund balances. <br /> Negative fund balances are strongly discouraged by the auditors and noted in our <br /> financial statements. <br />
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