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ORDINANCE NO. <br /> AN ORDINANCE supplementing appropriations of the <br /> budget for the City of Everett for and amending <br /> Ordinance No. 1232-86 as amended by Ordinances <br /> Nos. 1266-86, 1269-86, 1274-86 , 1298-86 , 1302-86 , <br /> 1317-86 and 1331-87 . <br /> WHEREAS, the City Council has now appropriated certain local , <br /> state and federal funds to augment previously approved programs <br /> within the 1986 budget; and <br /> WHEREAS, the source and application of funds have been <br /> identified; <br /> NOW, THEREFORE, the City of Everett does ordain that the <br /> following amendments shall be made to the 1986 budget; <br /> Section 1 : That the sum of $54 , 600 . 00 be appropriated in the <br /> following manner : <br /> a. Appropriation, fund 502-City Insurance Fund <br /> 1 . Program 819-Insurance Consolidation <br /> Original appropriation, Ord. 1232-86 $1, 186 ,900 . 00 <br /> Amended by this appropriation $ 54 ,600 .00 <br /> New Program Total $1, 241, 500 . 00 <br /> b . Source of Funds <br /> Fund No. 502 - Cash on hand <br /> c . Purpose <br /> To recognize transfer of funds for the purpose of <br /> building a self-insurance reserve. <br /> 549 <br />