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HomeMy WebLinkAboutTransferring Monies Various Accounts 1990 ORDINANCE No. 8094-90 Passed by the Common Council of the City of South Bend,Indiana June 25, Y9 90 Attest: City Clerk IRENE K. GAMMON Attest: /�/�' .-� President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana _ June 26, rg 90 City Clerk IRENE K. GAMMON Approved and signed by me July 3 I g 90 Mayor SUBSTITUTE BILL NO. ORDINANCE NO. 4l>q q-qO AN ORDINANCE TRANSFERRING MONIES FROM VARIOUS ACCOUNTS TO VARIOUS ACCOUNTS WITHIN THE CONTROLLER'S DEPARTMENT AND POLICE DEPARTMENT IN THE GENERAL FUND OF THE CITY OF SOUTH BEND, INDIANA FOR THE YEAR 1990 STATEMENT OF PURPOSE AND INTENT: Unforseen conditions have developed since the adoption of existing budgets which necessitate the transfer of funds to certain accounts of the Controller' s Department and Police Department from adequate surpluses which are available and not presently needed within other accounts within the same department. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana as follows: SECTION I : That the following accounts be adjusted as described below: GENERAL FUND Controller Increase the following accounts: 4360.00 Building &Structural Repair $ 55,150.00 4427.00 Motor Equipment $150,000.00 4429. 00 Other Equipment 94,850.00 TOTAL $300,000.00 Decrease the following account: 4147 . 00 Insurance $300,000.00 TOTAL $300,000.00 Police Increase the following account: 4429.00 Other Equipment $ 37 ,711.00 TOTAL $ 37,711.00 Decrease the following account: 4431.00 Radio Equipment $ 37,711.00 TOTAL $ 37,711.00 SECTION II : This Ordinance shall be in full force and effect from and after its passage and approval by the Mayor. 0 SpvTA���\\\�1 , 0 4 1, \\��P II///7„\C•;'- 4 \!b gittl \ �7 City of South Bend 111 : •a / Joseph E. Kernan, Mayor \\�86 Department of Administration and Finance Katherine Humphreys, Director June 6, 1990 Tom Zakrzewski, President South Bend Common Council 4th Floor, County-City Bldg. South Bend, Indiana 46601 Dear President Zakrzewski: Attached please find for Council review and approval, an Ordinance increasing and reducing appropriations in the General Fund. The primary purpose of this appropriation is to replace captial equipment expenditures in the General Fund which were cut during the budget process last year and reducing the insurance account which can now be projected to require less funding. The reduction in the insurance account is the result of lower projected costs of the new insurance plan which was implemented effective March 1 of this year. As you may recall, we have increased the deductible to $500.00 per family and changed the co-pay factor from 90%/10% to 80%/20% for most employees. We anticipate making additional transfers in the General Fund as well as other funds towards the end of the year. I look forward to discussing this Ordinance with the Council. Since ely, f , . - •erine Humphreys Director of Administration and Finance KH:jdl attachment County-City Building • South Bend, Indiana 46601 • 219/284-9742 Fax 219/284-9892 Catherine A. Hubbard John D. Leisenring C. J. Cartwright Personnel Director Chief Deputy Controller Safety & Risk Manager 284-9124 284-9483 284-9482 Q nmmtttrr arpurt can the flnnwwn Montag of tip QItV at+aunt! Pnh: Your Committee of the Whole to whom was referred BILL NO. 42-90 A BILL TRANSFERRING MONIES FROM VARIOUS ACCOUNTS TO VARIOUS ACCOUNTS WITHIN THE CONTROLLER'S DEPARTMENT TO THE GENERAL FUND OF THE CITY OF SOUTH BEND, INDIANA FOR THE YEAR 1990. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable, as substituted. Sean Coleman Chairman FREE PRESS okato, PUBLISHING CO.