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HomeMy WebLinkAbout21-24 2024 General Fund Additional Appropriation Ordinance County-City Building n`: Phone 311 inside City limits 227 W Jefferson Blvd Suite,1200 N $OUTH B4, Em ail 31 l @southbendin.gov South Bend,IN 46601 (r �� • Webs ite Southbendin.gov James Mueller,Mayor :•:• "\W PEACE ly, \\N„...,......,�1865� Filed in Clerk's Office City of South Bend MA 2 0 2024 Bianca Tirado Department ofAdministration &Finance City Clerk, South Bend, IN Division ofHuman Resources March 20,2024 Sharon McBride,President City of South Bend Common Council 227 W.Jefferson Boulevard,4th Floor South Bend,Indiana 46601 RE:2024 General Fund Additional Appropriation Ordinance Dear President McBride, This additional appropriation from the General Fund will be used to pay for costs associated with the Morris Performing Arts Center Phase 2 renovation project and the construction of the Raclin Murphy Encore Center. The intent is to pay for those costs with funds on hand from the General Fund and replenish the General fund over time with revenues from the EDIT,PSCDA funds or any other legally available revenues. I will present this bill to the Common Council at the appropriate committee and Council meetings. It is requested that this bill be filed for 1"reading on March 25th,2024,and 2nd reading, public hearing and 3rd reading scheduled for April 8,2024. Thank you for your attention to this request. If you should have any questions,please feel to contact me at 574-235-9822. Regards, y ' I , Kyle Willis City Controller Filed in Clerk's Offic;e MAR 2 0 2024 BILL NO. 21-24 Bianca ORDINANCE NO. City Clerk, South Bend, IN AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA,APPROPRIATING ADDITIONAL FUNDS OF $9,000,000 FROM THE GENERAL FUND (#101). STATEMENT OF PURPOSE AND INTENT The Common Council passed the City's 2024 operating and capital budgets via Ordinance #10971-23,passed on October 9, 2023, which included expenditures for various City operations. It is now necessary to appropriate additional funds for the purpose of the Morris Performing Arts Center Renovation Phase 2 project. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: Section I. The following amounts are hereby appropriated in fiscal year 2024 and set apart within the following designated funds for expenditures as follows: FUND Amount General Fund (#101) $ 9,000,000 TOTAL $ 9,000,000 Section II. This ordinance shall be in full force and effect from and after its passage by the Common Council and approval of the Mayor. Sharon McBride, Common Council President Attest: Bianca Tirado, City Clerk Presented by me to the Mayor of the City of South Bend, Indiana, on the day of , 2024 at o'clock_ . m. Bianca Tirado, City Clerk Approved and signed by me on the day of , 2024 at o'clock . m. James Mueller, Mayor, City of South Bend, Indiana City of South Bend,Indiana Q1 2023 Budget Adjustments-Additional Appropriations (increase or decrease in total fund expenditures) Budget Account z Fund Department Division Account Adjustment Capital Project 101-04-040-040 143001 General Fund Administration&Finance General City Capital Outlay-Buildings-Building Improvements 9,000,000 Rationale Funding renovation costs associated with the Morris Performing Arts Center Phase 2 renovation project. Grand Total 9,000,000 Fled � CI erl s C/iee MR 2 0 ?024 City Cte k So tr B 0 end, tN