Res 11-036RESOLUTION NO. 11 -036
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
CLASSIFYING THE VARIOUS COMPONENTS OF
FUND BALANCE AS DEFINED IN GOVERNMENTAL
ACCOUNTING STANDARDS BOARD STATEMENT NO. 54
WHEREAS, the Governmental Accounting Standards Board has issued Statement
No. 54 entitled "Fund Balance Reporting and Governmental Fund Type Definitions "; and
WHEREAS, the City Council desires to classify various components of fund balance
reported by the City as defined in Governmental Accounting Standards Board Statement
No. 54.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway as
follows:
Section 1. The City Council approves and defines the various components of
fund balance as reported by the City and as presented on Attachment 1 to this resolution.
Section 2. The classification and reporting of fund balance components as
required by Governmental Accounting Standards Board Statement No. 54 will become
effective starting with fiscal year 2010 -11.
Section 3. The City Council designates the City Manager as the City official to
determine and define the amounts of those components of fund balance that are classified
as "Assigned Fund Balance."
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
California, at a regular meeting thereof this 21st day of June 2011.
ATTEST:
Resolution No. 11 -036
Page 2
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO)
I, Linda Troyan, City Clerk of the City of Poway, do hereby certify under penalty of perjury
that the foregoing Resolution No. 11 -036 was duly adopted by the City Council at a
meeting of said City Council held on the 21 st day of June 2011, and that it was so adopted
by the following vote:
AYES: BOYACK, GROSCH, MULLIN, CUNNINGHAM, HIGGINSON
NOES: NONE
ABSENT: NONE
DISQUALIFIED: NONE