HomeMy WebLinkAbout1991-06-10 91-240 ORDERData weU 6'Le
1091 Item No. 9E-250
Item/Subjoar Transfer of Certain Accounts within the Capital Fund
to The Enterprise Funds
Responsible Department: Finance
Commentary:
Council Order 85-2A established/recognized certain
reserve for future Construction Accounts within The Capital Fund
con behalf of Enterprise Funds.
This action would direct that effective 6/30/91 those
accounts balances be transfarted to reserve accounts which exist
within Enterprise Funds or establish such reserve accounts within
the procedures and intent of Council Order 85-219. -
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Manager's commenn:T� � d . W �t J. :..'ffl_
plLbsl�M1`t O'er P-Naa. s+..,"'.,'(.
Associated Information; NAA1
Budget Approval:
N/A riw,,e Uircner
Legal Approval
+t�. Ciq Soli�ibn
Introduced For
Opasage -
❑ First Reading page_ of—
❑ Referral
r9 CITY OF BANGOR
(TITLE.) Vtlrbery .Transfer of Certain Accounts Within The.. Capital
.._.. _.... _ ....
Pund to Enterprise Funds
By zA City Comm! of City ofBdsp .-
ORDERED,
TUT WMMEAS, Council Order 85-219 establish certain reserve
for future construction accounts within The Capital Fund to account
for amounts due various Enterprise Funds and
%M-afA8, General Accepted Accounting Principals would
require that such reserve funds be housed within their respective
Enterprise Funds, be it ordered
1TFATIthe balance in these accounts be transferred from
the Capital Fund to the respective Enterprise fund effective 6/30/91;
be maintained within similar reserve for 'capital improvement accounts
within each fund or by the establishment of such account where one
does not exist, consistent with the procedures and intent by _
Council Order 85-219.
91-240
Auigned[o Comdor
Saxl,
June
10, 1991
r9 CITY OF BANGOR
(TITLE.) Vtlrbery .Transfer of Certain Accounts Within The.. Capital
.._.. _.... _ ....
Pund to Enterprise Funds
By zA City Comm! of City ofBdsp .-
ORDERED,
TUT WMMEAS, Council Order 85-219 establish certain reserve
for future construction accounts within The Capital Fund to account
for amounts due various Enterprise Funds and
%M-afA8, General Accepted Accounting Principals would
require that such reserve funds be housed within their respective
Enterprise Funds, be it ordered
1TFATIthe balance in these accounts be transferred from
the Capital Fund to the respective Enterprise fund effective 6/30/91;
be maintained within similar reserve for 'capital improvement accounts
within each fund or by the establishment of such account where one
does not exist, consistent with the procedures and intent by _
Council Order 85-219.
In City Council June 10, 1991
Passed
City,Clerk
r I
I
91-240
0 RUIR
Title,
Transfer of Certain Accounts Within the
CnPAP.I. FPPds ..........................