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Reducing 1978 Motor Vehicle Highway Budget $344,567.00
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Reducing 1978 Motor Vehicle Highway Budget $344,567.00
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Last modified
8/6/2013 11:20:08 AM
Creation date
8/5/2013 8:46:21 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
5/8/1978
Ord-Res Number
6350-78
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Patrick M. McMahon, P.E. <br />Director, Public Works <br />CITY of SOUTH BEND <br />PETER J. NEMETH, Mayor <br />COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 <br />April 14, 1978 <br />Members of the Common Council <br />441 County /City Building <br />South Bend, IN 46601 <br />RE: M.V.H. and L.R.S.A. Special Fund Requests <br />for Blizzard Costs and Budget Transfers <br />Dear Councilmen: <br />Attached you will find four related funding requests, namely: <br />M.V.H. Budget Reduction $344,567 <br />F.D.A. Reimbursement to M.V.H. 18,642 <br />M.V.H. - Special Distribution Appropriation 440,000 <br />L.R.S.A.- Special Distribution Appropriation 162,320 <br />219/284 -9251 <br />The purpose of these filings is twofold - first, to reduce the original <br />M.V.H. Budget as mandated by the State Tax Board, and, secondly, to <br />appropriate available special funds to counter the mandated reduction and <br />address the expenses of the 1978 Blizzard. <br />The manner in which these matters have been addressed is basically dic- <br />tated by the State Board, and as a result four ordinances have been sub- <br />mitted rather than one. <br />I would like to call to your attention that because the Special M.V.H. <br />Distribution will be made monthly starting in May (running for 12 months) <br />and not in one single disbursement, I have been forced to use $162,320 <br />from the L.R.S.A. account to meet these 1978 cash flow requirements. It <br />is my intention that $162,320 of the final disbursement of Special M.V.H. <br />Funds be used in 1979 for an L.R.S.A. project(s) in order to balance the <br />respective funds. <br />
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