Title
Dept/ Agency: Administration/Office of Management and Budget
Action: (X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: To provide funds for the City's operating expenses until the adoption of the 2017 Operating Budget for the City of Newark and Water and Sewer Utilities
Funding Source: 2017 Budget
Appropriation Amount: $120,249,067.00
Budget Year: 2017
Contract Period: August 1, 2017 through August 31, 2017
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-#40
WHEREAS, pursuant to N.J.S.A. 40A:4-19, the Municipal Council of the City of Newark adopted Resolution 7R1-d dated January 5, 2017 to provide funds for the period January 1, 2017 through March 31, 2017; Resolution 7R-i adopted March 15, 2017 to provide funds for the period April 1, 2017 through April 30, 2017; Resolution 7R1-a(S) adopted May 9, 2017, to provide funds for the period May 1, 2017 through May 31, 2017 and Resolution 7R1-d(S/AS) adopted May 23, 2017 to provide funds for the period June 1, 2017 through June 30, 2017 and Resolution 7R1-h adopted June 21, 2017, to provide funds for the period July 1 through July 31, 2017 until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required from August 1, 2017 through August 31, 2017 until the adoption of 2017 Operating Budget; and
WHEREAS, a previous resolution authorizing TE #39 and prior emergency appropriations submitted for Municipal Council approval totaled $285,432,421.86; and
WHEREAS, N.J.S.A. 40A:4-20 provides that the Governing Body by a two-t...
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