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17-17 Budget- March 2017 Enterprise Funds
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17-17 Budget- March 2017 Enterprise Funds
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Last modified
4/26/2017 8:31:13 AM
Creation date
3/8/2017 12:43:40 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
3/13/2017
Bill Number
17-17
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ORDINANCE NO. <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING ADDITIONAL FUNDS FOR CERTAIN <br />DEPARTMENTAL AND ENTERPRISE OPERATIONS IN 2017 OF $400,000 FROM <br />SEWAGE WORKS DEPRECIATION FUND ( #642) AND $40,071 FROM 2011 <br />SEWER BOND FUND ( #659). <br />STATEMENT OF PURPOSE AND INTENT <br />The Common Council passed the City's 2017 operating and capital budgets in <br />2016 (Ordinance #10458 -16 passed on October 24, 2016), which included expenditures <br />for various City enterprise operations. It is now necessary to appropriate additional funds <br />for operational expenditures necessary for the City to effect provision of services to its <br />citizens which were not anticipated at the time the City budget was adopted. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />Section I. The following amounts are hereby appropriated in fiscal year 2017 and <br />set apart within the following designated funds for operational expenses as follows: <br />Fund Amount <br />Sewage Works Depreciation Fund ( #642) $ 400,000 <br />2011 Sewer Bond Fund ( #659) 40,071 <br />TOTAL 440 071 <br />Section II. This ordinance shall be in full force and effect from and after its <br />passage by the Common Council and approval of the Mayor. <br />Member of the Common Council <br />Attest: <br />City Clerk <br />Presented by me to the Mayor of the City of South Bend, Indiana, on the <br />day of , 2017, at o'clock . m. <br />Deputy City Clerk <br />
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