Transferring Monies from Various Accounts to Various Accounts

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—�®+amm®a /r d ° CITY of SOUTH BEND v. rEACE�.Cp o ROGER O. PARENT, Mayor .4 t�� Af COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601 186V*41 �®dmm�mew� Michael t.. Vance 2191284.9483 Director, Administration and Finance Carol M.Sanders Chief Deputy Controller November 14, 1985 Mrs. Beverlie Beck, President South Bend Common Council 4th Floor Council Chambers South Bend, Indiana 46601 Dear President Beck: Enclosed you will find an ordinance making year-end transfers for the many departments and operations of the City of South Bend. I am filing this ordinance for 1st reading the 18th of November and public hearing and 2nd reading on December 2nd. Through the passage of this ordinance, the City will be transferring the funds involved so that budgets actually reflect the expenditures that have been necessary to operate during 1985 . Please note several of the larger items involved as follows : 1. An increase in the Controller ' s budget, account 148 . 2 for $244, 748. This item was budgeted to the wrong accounts 145 . 1 and 148 . 1 which show an offsetting decrease. 2 . An increase in the Controller ' s budget, account 399 . 0, Other Contractuals for $33 , 737. This reflects unforeseen expenditures for Professional Consultants (i .e. , Crowe, Chizek & Co. ) and for unbudgeted maintenance contracts on equipment. 3 . An increase in the Board of Works budget, account 351. 0 for electricity in the amount of $99 , 736 . This is the result of a rate increase. We were also unable to realize a savings in electricity anticipated through the Executive Order reductions . 4. An increase in the Engineering budget, account 428 . 0 for Office Equipment which reflects expenditures for computer hardware that was necessary for the networking project that was undertaken in 1985 .