...Number
101053
...Version
ORIGINAL
...Reference
...Sponsor
THE CHAIR
...Title
Resolution relating to expenditure of funds to be reimbursed by greater than anticipated revenue.
...Analysis
This resolution authorizes the Office of the Comptroller to increase appropriations in the Special Purpose account for contributions allowing for execution of the transfer authorized in Resolution 100042.
Body
Whereas, Common Council file 980965 established procedural guidelines related to the expenditure of funds to be reimbursed by greater than anticipated revenues; and
Whereas, The Estimated Contribution Revenue account as a source of funds for general city purposes was established at $2,400,000.00 as a result of the 2010 Budget process; and
Whereas, Contributions received to date exceeds $2,410,605.41
Pursuant to s. 304-91, I hereby certify that the money required for this is anticipated to be realized on or before 12/31/10 and to be expended only for the purpose in this resolution.
__________________________________________ __________________
Comptroller Date
; now, therefore, be it
Resolved, That up to $450,000 is appropriated to 2010 Special Purpose Contribution account 0001-2110-D001-006300 with a corresponding increase to the Estimated Contribution Revenue account 0001-9990-009850; and, be it
Further Resolved, That the City Comptroller be, and hereby is, authorized and directed to carry out the intent of this resolution.
Requestor
CITY COMPTROLLER
Drafter
CITY COMPTROLLER
WMM:PN:
12-06-10