HomeMy WebLinkAboutTransferring funds in the General Park Fund • ' 4
RESOLUTION
332-72
Passed by the Common Council of the City of South Bend, Indiana,
OCTOBER 10 19 72
Attest: x City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
OCTOBER 16 19 2
City Clerk
Approved and signed by me D 19 7'Z
Mayor
Resolution No. 332-72
A RESOLUTION FOR TRANSFER OF FUNDS
IN THE GENERAL PARK FUND-$2,000.00.
THE TRANSFER IS BEING MADE IN THE
SAXE BUDGET CLASSIFICATIONS 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 account be reduced in the amount
set opposite said account to-wit:
Acct. No. Classification Item Amount
52 Current Charges Rents $2,000.00
Section 2. That the following account be increased in the
amount set opposite said account to wit:
Acct. No. Classification Item Amount
58 Current Charges Taxes (Gross Income) $2,000.00
That the transfer of funds as set forth in Sections 1 and 2 are re-
quired for the proper and efficient operation and function of the Department
of Public Parks of South Bend and an extraordinary emergency is declared to
exist concerning the foregoing transfer.
This resolution shall be in full force and effect from and after its
passage by the Common Council of the City of South Bend.
_ -�-
_ �- Uf? IN CLERK'S OFFICE
Member of e Common Council Irene Gammon
10-10-72 C11 C1ERK, SOUTH BEND,IND.
PUBLIC REAR1 E
,cd REApIN$ -OCT
�'JT APPRQVQ 1972
',ERRED
P/�&,ED 10-10-72 -
Department of Public Parks
Administration Building
St. Louis Boulevard at Wayne Street
South Bend, Indiana 46617
jeoteoiber 26, 1;>72
iliembers of the Common Council
County-City Luilding
217 West Jefferson lioulevard
South Bend, Indiana
Gentlemen:
'i'he Department of Public Parks is requesting the common council to
approve the enclosed resolution of transfer of funds. Loth accounts
are in the same classification in the General park Dund.
The 1972 park budget is short in account number 56, current Charges,
Gross Income Tax because tax must be paid on income from the s�J_e of
land (25,000.00) on Ireland Road and X5,860.00 for land sold at
Potawatomi Park. Also, an error was made in the computing of the
second quarter payment in 1971. Only one months income was paid on
instead of three months. The adjusted payment, which is made in
March of 1972, had to pick up the income earned in the two months of
1971. The payment came out of the 1972 budget thus shorting the 1972
tax account. You will note that we had a balance at the end of 1971
of $2,015.90 in our tax account because of the failure to pay taxes
on $82,916.52 income for April and May of 1971. At the time the 1972
budget was prepared, we had no idea that these properties would be
sold. Current balance in the tax account is $561.16.
There is a balance in account number 52, Current Charges ($3,711.51)
because of the fine cooperation among departments of City Government.
The Park Department used equipment from the Street Department and the
School Corporation thus relieving the need to rent equipment.
Very truly yours,
DEPARTIOU OF PUBLIC PARS
FILED IN CLERK'S OFFICE
t ter R. Seitz Irene Gamm-n
in;endent CITY CLERK, SOUTH
J 1R5;kb
[OCT 2 1072