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1 RESOLUTION 05-18367 A RESOLUTION TO MAKE FISCAL YEAR 05 ADJUSTMENTS APPROPRIATIONS PURSUANT TO M.C.A. 7-6-4006 AS AMENDED, AND PROVIDING TRANSFERS AND REVISIONS WITHIN THE GENERAL CLASS OF SALARIES AND WAGES, MAINTENANCE AND SUPPORT AND CAPITAL OUTLAY. WHEREAS, M.C.A. 7-6-4006 provides that the City Council, upon proper resolution, adopted by said Council at a regular meeting and entered into its Minutes, may transfer or revise appropriations within the general class of salaries and wages, maintenance and support, and capital outlay, and WHEREAS, based upon Governmental Accounting Standard Board (GASB) pronouncements, it is necessary to alter and change said appropriations for FY 2004/2005. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BILLINGS, MONTANA: That the attached transfers or revisions are hereby adopted. (SEE EXHIBIT A) PASSED AND APPROVED by the City Council, this 24th day of October, 2005. THE CITY OF BILLINGS: BY: Charles F. Tooley, MAYOR ATTEST: BY: Marita Herold, CMC/AAE CITY CLERK ---PAGE BREAK--- 2 EXHIBIT A BUDGET ADJUSTMENTS Revenue Expenditure 601-1551-481 8214 $1,371,195 Transfer to General Fixed Assets Increase the approved FY2005 budget by $1,371,195 to transfer infrastructure assets (Midland Road) from Motor Pool to General Fixed Assets (GFA). This transfer does not affect cash.