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File #: 981477    Version:
Type: Resolution Status: Passed
File created: 1/19/1999 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 2/9/1999
Effective date:    
Title: Substitute resolution appropriating contingent funds to facilitate Closure of the City's 1998 books.
Sponsors: THE CHAIR
Indexes: AUDITS, CONTINGENT FUND
NUMB:
981477
VERS:
SUBSTITUTE 1
REF:
 
XXBY:
THE CHAIR
 
TITL:
Substitute resolution appropriating contingent funds to facilitate Closure of the City's 1998 books.
 
ANLS:
This substitute resolution authorizes appropriations from the 1998 Common Council Contingent Fund, of up to $210,000 to the DPW - Buildings and Fleet Division and up to $73,000 to the DPW - Infrastructure Services Division for higher than anticipated electrical energy expenses.
 
BODY:
Whereas, Electrical energy expenses were approximately $283,000 higher than anticipated in the 1998 budget due to a rate increase enacted after budget adoption; now, therefore, be it
 
Resolved, That the City Comptroller is authorized and directed to transfer up to $210,000 from the Common Council Contingent Fund (09-910-8000) to the Department of Public Works, Buildings and Fleet Division services account (01-545-6300) and up to $73,000 to the DPW - Infrastructure Services Division services account (01-523-6300).
 
DFTR:
 
FINANCE:981477.doc