Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Appropriation Resolution for Sewer Utility
Purpose: Provide funds for the operating expenses of the Sewer Utility for 2014
Funding Source: City of Newark/Sewer Utility
Appropriation Amount: $ 22,718,412.00
Budget Year: 2014
All Wards
Funds accepted by Resolution # N/A
Operating Agency: Sewer Utility
Two-Thirds vote of full membership required.
body
TAR-#S1
WHEREAS, N.J.S.A. 40A:4-19 provides that where any contracts, commitments or payments are to made prior to adoption of the 2014 Budget, the Governing Body shall by resolution adopted within the first 30 days of the beginning of the fiscal year, make appropriations to provide for the period between the beginning of the fiscal year and the adoption of the budget for the purposes and amount required in the manner and time therein;and
WHEREAS, for purposes of efficiency and expediency this resolution is passed at this meeting to be effective January 1, 2014 to comply with the thirty day requirement set forth in N.J.S.A. 40A:4-19; and
WHEREAS, 26.25% of the total appropriation of the 2014 Sewer Utility Budget exclusive of any appropriations made for interest and debt redemption charges, capital improvement fund and public assistance is $22,718,412.00.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The following temporary appropriations be made, and that a certified copy of this resolution be transmitted to the Chief Financial Officer for her records.
Salaries Other
Sewer Utility & Wages Expenses Total
Billing & Customer Service $133,376 $67,289 $ 200,665
Sewers 183,927 1,073,907 1,257,834
Unclassified Purposes 301,872 20,813,666 21,115,538
Capital Outlay -0- 144,375 144,375
Total Sewer Utility $ 619,175 $ 22,099,237 $22,718,412
2. This action will take effect on January 1, 2014.
3. A copy of this resolution shall be filed with the Director of the Division of Local Government Services by the City Clerk of the City of Newark.
STATEMENT
The purpose of this resolution is to provide funds required for the continued operation of the Sewer Utility for the period of January 1, 2014 through March 31, 2014.