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Joseph E. Kernan <br />Director, Administration and <br />Finance <br />CITY of SOUTH BEND <br />ROGER O. PARENT, Mayor <br />COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 <br />February 3, 1982 <br />Members of the Common Council <br />4th Floor County -City Building <br />South Bend, Indiana 46601 <br />Dear Members of the Council: <br />This bill would restore the Other <br />the Cumulative Capital Improvement <br />by the Common Council last August. <br />219/284 -9742 <br />Materials account within <br />Fund to the level approved <br />In passing the final 1982 budget for the Cumulative Capital <br />Improvement Fund, the State Board of Tax Commissioners did <br />not take into consideration the revenue that would be raised <br />from the South Bend Community School Corporation and St. Joseph <br />County. Without those revenues the fund would be $75,666.00 <br />short of the budget that the Council passed, and this is the <br />reason that it was cut by this amount. <br />In that these revenues will be available, we are asking that <br />the Council restore the Cumulative Capital Improvement Fund <br />to its original amount through this additional appropriation. <br />If there are any questions please contact John Leszczynski, <br />Sherrie Petz or myself. Thank you very much. <br />SincerZEKernan l 07 seph <br />City Controller <br />JEK:des <br />Attachment <br />