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 2016 Operating Budget for the City of Newark, and Water and Sewer Utilities.
Funding Source: City of Newark Budget
Appropriation Amount: $48,809,347.00
Budget Year: 2016
Contract Period: August 1, 2016 through August 31, 2016
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
Operating Agency: All Departments
Two-Thirds vote of full membership required.
body
TE-#28
WHEREAS, pursuant to N.J.S.A. 40A:4-19, the Municipal Council of the City of Newark Adopted Resolution 7R1-M dated December 16, 2015 to provide funds for the period January 1, 2016 to March 31, 2016, Resolution 7R1-G dated March 16, 2016 provide funds for the period March 1, 2016 through March 31, 2016, Resolution 7R1-L dated March 16, 2016 provide funds for the period April 1, 2016 through April 30, 2016, Resolution 7R1-D dated May 4, 2016 provide funds for the period May 1, 2016 through May 31, 2016, Resolution 7R1(s/as) dated May 26, 2016 to provide funds for the period June 1, 2016 to June 30, 2016, Resolution 7R1-B dated June 15, 2016 provide funds for the period July 1, 2016 through July 31, 2016 and TE#23 is to provide funds for the period August 1, 2016 to August 31, 2016 until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required from August 1, 2016 to August 31, 2016, until the adoption of the budget; and
WHEREAS, N.J.S.A. 40A:4-20 provides that the Governing Body by a two-thirds vote may make temporary ...
Click here for full text