HomeMy WebLinkAboutTransferring funds within the General Park FundAttest:
RESOLUTION
No. 447 -74
Passed by the Common Council of the City of South Bend, Indiana,
OCTOBER 14,
1974
ity Clerk
_ C
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indi
OCTOBER 15, 1974
7�.
Approved and signed by me � �� 19 ��
City Clerk
Resolution No. -4,V -7 - ) I/
A RESOLUTION FOR TRANSFER OF FUNDS IN THE GENERAL PARK FUND -
$6,000.00 FROM ACCOUNT #312.0, SUPPLIES, FUEL OIL TO ACCOUNT
#321.0, SUPPLIES, GASOLINE; $1,100.00 FROM ACCOUNT #630.0
CURRENT OBLIGATIONS, RETIREMENT TO ACCOUNT #640.0, CURRENT
OBLIGATIONS, HOSPITAL INSURANCE: $100.00 FROM ACCOUNT #243.0,
CONTRACTUAL SERVICES, PHOTOGRAPHING & BLUEPRINTING TO ACCOUNT
4242.0, CONTRACTUAL SERVICES, LEGAL NOTICES. ALL TRANSFERS
ARE IN THE SAME BUDGET CLASSIFICATION WITHIN THE GENERAL PARK
FUND.
WHEREAS, certain extraordinary conditions have developed since the adoption
of the existing annual budget so that it is now necessary to transfer money from one
account to another in the same category in the annual budget for various functions
of the Department of Public Parks to meet such extraordinary emergencies and
WHEREAS, it has been ascertained that certain accounts in the Park General
Fund have more money than is needed at this time
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of
South Bend:
Section 1. That the following accounts be reduced in the amounts set
opposite said accounts to -wit:
Acct. No.
Classification
Item
Amount
243.0
Contractual Services
Photographing & Blue
Amount
242.0
Contractual Services
Printing
$ 100.00
312.0
Supplies
Fuel Oil
6,000.00
630.0
Current Obligations
Retirement
1,100.00
$ 7,200.00
Section 2. That the following accounts be increased in the amounts set
$ 7,200.00
That the transfer of funds as set forth in Sections 1 and 2 are required
for the proper and efficient operation and function of the Department of Public
Parks of South Bend and an extraordinary emergency is declared to exist concerning
the foregoing transfer.
opposite said accounts
to -wit:
Acct. No.
Classification
Item
Amount
242.0
Contractual Services
Legal Notices
$ 100.00
321.0
Supplies
Gasoline
6,000.00
640.0
Current Obligations
Hospital Insurance
1,100.00
$ 7,200.00
That the transfer of funds as set forth in Sections 1 and 2 are required
for the proper and efficient operation and function of the Department of Public
Parks of South Bend and an extraordinary emergency is declared to exist concerning
the foregoing transfer.
This resolution shall be in full force and effect from and after its
passage by the Common Council of the City of South Bend.
PRESENTED i 0 - i 'l - -? 4-/
NOT APPROVED
ADOPTED /0 -1 ti-'2 q
Member of tlxe Common ouncil
FILED IN CLERK'S OFFICE
0 C T 9 1974
Irene Gammon
CITY CLERK, SOUTH BEND, IND;,
r
Department of Pulp fie Parks
Administration Building
St. Louis Boulevard at Wayne Street
South Bend, Indiana 46617
PHONE: 1219) 284 -9401
October 7, 1974
Mr. Peter Nemeth, President
South Bend Common Council
County -City Building
217 West Jefferson Boulevard
South Bend, Indiana
Dear Mr. Nemeth:
The Department of Public Parks is requesting the Common Council to
approve the enclosed resolution, for the transfer of funds, in the
General Park Fund. All transfers are in the same budget classifi-
cation.
We are requesting that the sum of $100.00 be transferred from Account
#243.0, Contractual Services, Photographing and Blueprinting to Account
#242.0, Other Contractual Services, Legal Notices. The legal notices
account is short of funds because of the increase in legal advertising
costs and the purchase of equipment funded by revenue sharing. Account
46243.0 has a balance of $142.00 and Account 46242.0 a balance of $13.96.
That $6,000.00 be transferred from Account 46312.0, Supplies, Fuel Oil,
to Account 46321.0, Supplies, Gasoline. When the 1974 budget was pre-
pared, the cost of gasoline was about seventeen cents a gallon. We are
now paying thirty -six cents a gallon. Naturally, a shortage has
occurred. There is a balance in Account 46312.0, Oil because we had
foreseen an oil price increase and had all our oil tanks filled before
the end of the year. Also, the lowering of thermostats in all park
buildings to sixty -eight degrees which saved fuel. Balance in Account
46312.0, Oil is $6,458.00 and in Account 46321.0, Gasoline $242.00.
That $1,100.00 be transferred from Account 46630.0, Current Obligations,
Retirement to Account #640.0, Current Obligations, Group Insurance. The
group insurance account was underbudgeted when the 1974 budget was pre-
pared and the retirement fund was overbudgeted. There is a balance of
$6,289.00 in the insurance account and a balance of $46,297.00 in the
retirement account (fourth quarter payment has not been made this year).
Mr. Peter Nemeth
Page 2
The Board feels the above mentioned transfers are definitely needed
for the efficient operation of the Department of Public Parks.
Very truly yours,
DEPA TMENT OF PUBLIC PARKS
�a'mes,R. Seitz,
'Suuerintendent
JRS:kb
cc: All Common Council-Members