Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: Provide funds for the operating expenses of the Sewer Utility for May 2012
Funding Source: Sewer Utility Operating Budget
Appropriation Amount: $ 4,120,750.00
Budget Year: 2012
Contract Period: May 1, 2012 through May 31,2012
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:
Operating Agency: Sewer Utility
Two-Thirds vote of full membership required.
Invitation: Budget Director, May 15, 2012
Failed 7R1-m 051612
Failed 7R1-b 060712
body
TE-#S3
WHEREAS, pursuant to N.J.S.A. 40A: 4-19 the Municipal Council of the City of Newark, New Jersey; adopted Resolution # 7R1G-010512 dated January 5, 2012, to provide temporary funds for the period of January 1, 2012 to March 31, 2012, and # 7R1-ah dated April 4, 2012, to provide temporary funds for the period of April 1, 2012, to April 30, 2012, until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required for the Sewer Utility from May 1, 2012 to May 31, 2012, 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 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, the emergency appropriations adopted in 2012, pursuant to N.J.S.A. 40A:4-20 including this resolution total……………………………………$33,364,548.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPA...
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