Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Budget Insertion
Purpose: To provide 2011 Business Development Interdepartmental Funds (Citywide).
Funding Source: New Jersey Department of Labor and Workforce Development
Appropriation Amount: $11,764.00
Budget Year: 2012
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Funds accepted by Resolution # 7R3-d(S)121312
Operating Agency: Office of the Mayor and Agencies, Mayor's Office of Employment and Training
Two-Thirds vote of full membership required.
body
BI - # 14
WHEREAS, N.J.S.A 40A:4-87 provides that the Director of the Division Local Government Services may approve the insertion of any Special Item of Revenue in the budget of any local unit when such item shall have been made available by law and the amount thereof shall not have been determined at the time of the adoption of the budget, and may approve the insertion of an appropriation item of equal amount for the purpose of carrying out the purposes of the law making such item of revenue available for expenditure; and
WHEREAS, by Resolution 7R3-d(S) dated December 13, 2012, the City of Newark accepted the 2011 Business Development Interdepartmental Funds in the amount of $11,764.00 to provide funds for business development within Workforce Development Area; and
WHEREAS, the New Jersey Department of Labor and Workforce Development has made available $11,764.00 for the 2011 Business Development Interdepartmental Funds.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY,THAT:
1. In accordance with the provisions of N.J.S.A 40A:4-87, the City of Newark hereby requests the Director of the Division of Local Government Services to approve a budget insertion in the amount of $11,764.00 and an appropriation of an equal amount for the budget year 2012 as set forth in Schedule A, attached hereto and made a part hereof.
2. The aforesaid insertion is, in the opinion of the Governing Body, warranted and authorized by N.J.S.A. 40A:4-87 and are necessary for the orderly operation of the municipality.
3. A copy of this resolution shall be filed with the Director of the Division of Local Government Services by the City Clerk of the City of Newark.
STATEMENT
This resolution establishes an appropriation and revenue in the 2012 City of Newark Budget for the 2011 Business Development Interdepartmental Funds in the amount of $11,764.00 from the New Jersey Department of Labor and Workforce Development. The project period is July 1, 2011 through June 30, 2012. These funds must be fully expended by December 31, 2012 and used for Business Development within the Workforce Development Area.
SCHEDULE A
ANTICIPATED ITEM OF REVENUE SPECIAL ITEM OF APPROPRIATION
New Jersey Department of Labor Unclassified Purposes
and Workforce Development Special Item of Appropriation
2011 Business Development 2011 Business Development
Interdepartmental Funds (Citywide) Interdepartmental Funds (Citywide)
$11,764.00 $11,764.00
1. The Project Coordinator is Nelida Valentin, Director of the Newark One-Stop Operations.
2. The Fiscal Officer is Susan Jacobucci, Director of Finance.
3. The operating agency is the Mayor's Office of Employment and Training.
4. The type of funding will be payments upon submission of expenditure reports.
5. The program period is from July 1, 2011 through June 30, 2012 with funds to be fully expended by December 31, 2012.
6. A copy of this resolution shall be immediately filed with the City Clerk by the Budget Director of the City of Newark.