Title
Dept/ Agency: Administration/Office of Management and Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: To provide funds for the operating expenses until the adoption of the 2025 Operating Budget for the City of Newark and Department of Water and Sewer Utilities.
Funding Source: 2025 Municipal Budget
Appropriation Amount: $64,474,255.00
Budget Year: 2025
Contract Period: July 1, 2025 through July 31, 2025
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) N/A
Additional Information:
Funds accepted by Resolution N/A
Operating Agency: All Departments
Two-Thirds vote of full membership required
body
TE- #38
WHEREAS, pursuant to N.J.S.A. 40A:4-19 the Municipal Council of the City of Newark adopted Resolution 7R1-a dated December 18, 2024 to provide funds for the period January 1, 2025 to March 31, 2025, and, pursuant to N.J.S.A. 40A:4-20, adopted the following Resolutions: Resolution 7R1-a dated March 19, 2025 to provide funds for the period April 1, 2025 to April 30, 2025, Resolution 7R1-a dated April 16, 2025 to provide funds for the period May 1, 2025 through May 31, 2025 and Resolution 7R1-c dated May 7, 2025 to provide funds for the period June 1, 2025 through June 30, 2025; and
WHEREAS, additional appropriations will be required from July 1, 2025 through July 31, 2025, until the adoption of 2025 Budget; and
WHEREAS, N.J.S.A. 40A:4-20 provides that the Governing Body by a two-thirds vote may make temporary emergency appropriations for any purpose for which appropriations may lawfully be made for the period between the beginning of the current fiscal year and the date of the adoption of the budget for said year; and
WHEREAS, temporary appropriation, ...
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