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<br /> Form B-52 <br /> 7/18/91 <br /> <br /> DEPARTMENT OF FINANCE <br /> <br /> REQUEST FOR COUNCIL ACTION <br /> <br /> <br /> <br /> DEPARTMENT: Public Works. Chief Engineer's Office DATE: 04/09/98 <br /> STAFF CONTACT: Nancy Crawford PHONE: x8321 <br /> <br /> <br /> A. REQUEST: <br /> <br /> Request appropriation of $30,000 from Highway Fund Balance be transferred to Parking Meter <br /> Fund. Request that those funds then be used to supplement the Parking Meter Receipts account <br /> number 3403.21. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> <br /> <br /> Due to the current moratorium on charging downtown parking meter fees, the Parking Meter <br /> Fund will not have adequate funds to cover expenditures for this fiscal year. We calculate a <br /> shortfall of approximately $30,000. Approximately 65% of the parking meters served by this <br /> division are for on-street parking. For that reason it is deemed appropriate to use Highway Funds <br /> to subsidize the operation. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> X-OSIGNED: - DATE: <br /> Department Head <br />