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777 Increase Annual Transfer AmountCITY OF YELM ORDINANCE NO. 777 AN ORDINANCE of the City of Yelm amending the 2003 City of Yelm Budget, adopted by Ordinance No. 772 (12/02), by increasing the annual transfer amount between the Current Fund (001) and the Municipal Building Fund (302) and declaring an effective date. WHEREAS, actual Current Fund Beginning Net Cash/Investments exceeded the budgeted appropriation and additional funding is needed to proceed with a remodel of Yelm City Hall; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. The 2003 City of Yelm Budget shall be amended by increasing appropriations for the Current/General Fund (001) Beginning Net Cash/Investment and the Annual Operating Transfer to the Yelm Building Fund (203) by $118,500. Section 2. Ratify and Confirmation Clause -Any action taken pursuant to this ordinance but prior to the effective date is hereby ratified and confirmed. PASSED and signed in authentication on this 14th day of May, 2003 Adarlli Rivas, Mayor ~'. ~J i c Authenticated: ~~'k ~1 / ~ ~-~~~~ ~~-~ ~' Agnes . Bennick, City Clerk Effective: May 28, 2003 Published: May 23, 2003 City of Yelm Ordinance No. 777 Page 1 of 1 ab\legal\2003