487RESOLUTION NO.487
A RESOLUTION ADJUSTING APPROPRIATION
WITHIN CLASSIFICATIONS OF THE 1969
BUDGET REQUIRED DUE TO A POLICY CHANGE
ADOPTED FEBRUARY 28,1969 BY THE BOARD OF
TRUSTEES OF THE STATEWIDE CITY EMPLOYEES
RETIREMENT SYSTEM
WHEREAS,on February 28,1969,the Board of Trustees of the State
wide City Employees Retirement System adopted a program of funding
the minimum benefit on disability and liability because of the one-half
salary continuance to the widow of a deceased member,and
WHEREAS,this method will spread the liability over the entire membership
within the System,and
WHEREAS,the change in policy as adopted by the Board of Trustees of
the Statewide City Retirement System could not have been anticipated at
the time of adopting the 1969 budget,and
WHEREAS there are certain budget items within the 1969 budget which
have an excess appropriation
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of
Moses Lake that the 1969 Budget be adjusted as follows:
Increase Decrease
GENERAL FUND
Administration,Legislative,etc.
101.102 Retirement 281
101.124 Public Health 1084
Engineering
111.102 Retirement 260
Police
121.102 Retirement 543
PARK AND RECREATION FUND
Park
331.102 Retirement 189
331.311 Loan Interest 189
PASSED by the City Council and APPROVED by its Mayor this 27th day of May,1969
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Mayor Rro Tern
APPROVED AS TO FORM:
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Cpity Attorney