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HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: FROM: Joe rr;ola City nager yor- and Memt rs ission DATE SUBJECT: REFERENCES: ENCLOSURES: FEB 17 2004 FILE : Appropriations Ordinance for Fiscal Year 2002-2003 RECOMMENDATION It is respectfully requested that the City Commission adopt the attached ordinance to amend ordinance 12279 which establishes revenues and appropriations for fiscal year ending September 30, 2003. BACKGROUND The purpose of this amendment is to appropriate fund balances from fiscal year 2003 Special Revenue Fund 113 (Public Service Taxes) to the General Fund (Contingency Reserves) in order to consolidate all unappropriated fund balances related to PST's that are currently under litigation. This financial transaction is also being processed as a year end closing entry in the Comprehensive Annual Financial Report.