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<br />07/09/2007 <br /> <br />All unencumbered balances remaining in all funds other than the General Fund <br /> <br />at the close of Fiscal Year June 30, 2007, are hereby appropriated to those same funds <br /> <br />for purposes of expenditure during the interim period as previously specified in this <br /> <br />section. Any fund(s) which has or have no unencumbered balances as of June 30, <br /> <br />2007, shall receive no additional appropriation during said interim period, and no <br /> <br />expenditure of monies shall be authorized during said interim period except as <br /> <br />transferred from the General Fund by the Finance Director. <br /> <br />All encumbered balances remaining in all funds at the close of Fiscal Year June <br /> <br />30, 2007, are hereby reappropriated to the same funds and for the same purposes and <br /> <br />objects for Fiscal Year July 1, 2007 - June 30, 2008, and all unexpended appropriations <br /> <br />for capital projects for Fiscal Year ending June 30, 2007, are hereby reappropriated for <br /> <br />expenditure for the same purposes and objects during Fiscal Year July 1, 2007 - June <br /> <br />30, 2008, unless otherwise provided in this resolution or in the Annual Budget <br /> <br />referenced in Section 1 hereof. <br /> <br />SECTION 8. Effective Date and Operative Date. In accordance with Section <br /> <br />51.5 of the Charter of the City of Redwood City, this resolution shall be effective <br /> <br />immediately upon adoption. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />Atty/Reso/Reso.1729 <br />062707 <br /> <br />14793 <br />Muff # 501 <br /> <br />5 <br />