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HomeMy WebLinkAbout1989-02-14; City Council; Resolution 89-450 e 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 i 27 28 11 RESOLUTION NO. 89-45 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD ACCEPTING THE MID-YEAR FINANCIAL REVIEW AND LIFTING THE HIRING FREEZE. WHEREAS, the City of Carlsbad Finance Department has presented a report on the financial status of the City at December 31, 1988; and WHEREAS, the status report shows that projected revenue is greater than projected expenditures within the General Fund to the extent that the projected savings from the hiring freeze included in the City of Carl sbad Operating Budget for fiscal year 1988-89 is no 1 onger necessary to balance the budget; NOW, THEREFORE, be it resolved by the City Council of the City of Carlsbad, California, as follows: 1. That the mid-year financial status report is accepted. 2. That the hiring freeze instituted in the Operating Budget for fiscal year 1988-89 is hereby rescinded. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 14th day of February , 1989, by the following vote, to wit: AYES: Council Members Lewis, Kulchin, Pettine, Mamaux and Larson NOES: None ABSENT: None ATTEST: ALEWAuTi&z%{m - / (SEAL)