Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: To provide funds for the operating expenses for Water Utility for June 2014
Funding Source: City of Newark/Water Utility
Appropriation Amount: $3,543,830.00
Budget Year: 2014
Contract Period: June 1, 2014 through June 30, 2014
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: Water Utility
Two-Thirds vote of full membership required.
body
TE-#W4
WHEREAS, pursuant to N.J.S.A. 40A:4-19 the Municipal Council of the City of Newark, New Jersey; adopted Resolution 7R1-f dated December 18, 2013, to provide temporary funds for the period of January 1, 2014 through March 31, 2014, and 7R1-m dated April 2, 2014 to provide temporary funds for the period of April 1, 2014 to April 30, 2014, and Resolution 7R1-h dated May 7, 2014 to provide funds for the period of May 1, 2014 to May 31, 2014 until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required for the Water Utility from June 1, 2014 through June 30, 2014, until the adoption of the Operating 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; andWHEREAS, the emergency appropriations adopted i...
Click here for full text