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April 23, 1986 <br />Page 2 <br />The last part of the proposed resolution authorizes the use of <br />Revenue Sharing monies received during 1986 to affset the <br />cJsts of fire protection services. Use of Revenue Sharing <br />monies to offset fire protection services will create a budget <br />surplus it, the fire department accounts of the General Fund in <br />the amount of $39,223, The very last part of the resolution <br />authorizes a budget transfer of $39,225 be made from the fire <br />department accounts to the Contingency Account of the General <br />Fund. <br />Transfers to the Contingency Account authorized by the <br />proposed resolution total $67,822. If, during 1966, the <br />Counril would desire to restore authorization for some of the <br />items which have been deleted from the 1986 Budget or would <br />wish to authorize an expenditure which has not been <br />budgeted, <br />a transfer could be made from the Contingency Account <br />those item(s). <br />Should you have any questions regarding this proposed <br />resolution please do not hesitate to contact me. <br />RECOMMENDATION: Consider adoption of the proposed resolution ' <br />entitled, "A Resolution Rescinding Approval of the Contingency <br />Plan and Reduction of 1996 State Aids and Approving Various <br />Budget Transfers". <br />DB/ds <br />EnCIOBCre <br />11 <br />