Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: To provide funds for operating expenses until the adoption of the 2012 Operating Budget for the City of Newark (City-Wide)
Funding Source: City of Newark Budget
Appropriation Amount: $40,889,810.00
Budget Year: 2012
Contract Period: September 1, 2012 to September 30, 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:
All Wards
Funds accepted by Resolution # n/a
Operating Agency: All Departments
Two-Thirds vote of full membership required.
body
TE-#49
WHEREAS, pursuant to N.J.S.A. 40A:4-19 the Municipal Council of the City of Newark adopted Resolution #7R1-aa(AS) dated December 21, 2011, to provide funds for the period January 1, 2012 to March 31, 2012; Resolution #7R1-C dated April 4, 2012, to provide funds from April 1, 2012 to April 30, 2012; Resolution #7R1-l dated May 16, 2012, to provide funds from May 1, 2012 to May 31, 2012; Resolution #7R1-v dated June 7, 2012, to provide funds from June 1, 2012 to June 30, 2012; Resolution #7R1-u dated June 20, 2012, to provide funds from July 1, 2012 to July 31, 2012 and TER #35 scheduled for the September 6, 2012 meeting, to provide funds from August 1, 2012 to August 31, 2012, until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required from September 1, 2012 to September 30, 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 betw...
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