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HomeMy WebLinkAbout11121-24 2024 General Fund Additional Appropriation Ordinance ORDINANCE No . 11121_24 Passed by the Common Council of the City of South Bend, Indiana April 8, 20 24 AAttest: City Clerk Bianca L. Tirado I Attest: (GZ �/1( 1/11\ 6-34:-/ii President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana 20 at-I City Clerk nca L. Tirado Approved and signed by me r' I 1 Z/ 20 24 Mayor BILL NO. 21-24 ORDINANCE NO. 11121-24 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. q) Shar McBride, Commo Counci Pr ident AtS•am/4/ i Bianca Tirado, City ,,,, Presented by me to the Mayor of the City ooSouth Bend, Indiana, on the � ' day of , 2024 at o'clock A-m. Bianca Tirado, i Clerk Approved and signed by me on the 12 day of 4/*) I , 2024 at s o'clock. m. J s Mueller, Mayor, City f South Bend, Indiana City of South Bend,Indiana Q1 2023 Budget Adjustments-Additional Appropriations (increase or decrease in total fund expenditures) Account# Fund Department Division Account Budget Adjustment Capital Project 101-04-040-040-443001 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