HomeMy WebLinkAboutAppropriating $808,549.00 Water Works General FundORDINANCE No. 7028 -82
Passed by the Common Council of the City of South Bend,
A-
K. GAMMON
Presented by me to the Mayor of the City of South Bend,
February 23, ,,, 82
Approved and signed by
Clerk
of Common Council
IRENE K. GAMMON
U
Clerk
BILL NO.
ORDINANCE NO. 2e �A -6'o?
AN ORDINANCE APPROPRIATING $808,549.00 FROM THE
14ATER WORKS GENERAL FUND TO THE FOLLOWING LINE
ITEMS: 318 COMPUTER CHARGES, $4,145.00; 342 IN-
SURANCE, $185,000.00; 351 ELECTRIC, $352,000.00;
394.2 GROSS INCOME TAX, $50,000.00; 394.4 REIM-
BURSEMENT TO CORP. GENERAL FUND, $217,404.00; ALL
ITEMS BEING WITHIN THE BUREAU OF WATER WORKS BUDGET
WITHIN THE WATER WORKS GENERAL FUND.
STATEMENT OF PURPOSE AND INTENT:
Appropriations are needed in order to fund necessary ex-
penditures from miscellaneous revenues.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF
THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS:
SECTION I. The sum of $808,549.00 is hereby appropriated
from the ater or s General Fund to the following Water Works budget
line items:
318 Computer Cha
342 Insurance
351 Electric
394.2 Gross Income
394.4 Reimburse to
SECTION II.
effect from and after
by the Mayor.
15t READING Q
PUBLIC HEARING_'�a_�a
2nd READING
NOT APPROVED
REFERRED
PASSED
rges $ 4,145.00
185,000.00
352,000.00
Tax 50,000.00
Corp. Gen. Fund 217,404.00
$808,549.00
This ordinance shall be in full force and
its passage by the Common Council and approval
t V" ,
em e o t e Common Counci
FILED ID' Ways OffICE
FEB - 1_982
Irene Gammon
Joseph E. Kerman
Director, Administration and
Finance
CITY of SOUTH BEND
ROGER O. PARENT, Mayor
COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601
February 3, 1982
Members of the Common Council
4th Floor County -City Building
South Bend, Indiana 46601
Dear Members of the Council:
219/284 -9742
This bill would restore various accounts within the Water Works
General Fund to the level approved by the Common Council last
August.
In acting on the final 1982 budget for the Water Works General
Fund, the State Board of Tax Commissioners reduced the budget by
$808,549.00 because this is the amount of the deficit that we had
projected for December 31, 1982. At this time we project that the
deficit will be less than that because of the new rate increase
and the Ashland settlement. As in previous years we will continue
to cover any deficit by borrowing internally from other funds such
as the Water Works Depreciation Fund.
In order that Water Works operations may continue, we are asking
that the Council restore the Water Works General Fund to its orig-
inal amount through this additional appropriation.
If there are any questions please contact Mike Vance, Sherrie Petz
or myself. Thank you very much.
Y pE. Kerman
City Controller
JEK:des
Attachment
Tommtttrr Irport
Ma toe (IIomum alonmil of tip (tug of ftut4 vknd:
Your Committee OF THE WHOLE
to whom was referred
RT T.T. MO-
13-82 A BILL APPROPRIATING $808,549.00 FROM THE WATER WORKS GENERAL
FUND TO THE FOLLOWING LINE ITEMS: 318 COMPUTER CHARGES,
$4,145.00; 342 INSURANCE, $185,000.00; 351 ELECTRIC,
$352,000.00; 394.2 GROSS INCOME TAX, $50,000.00; 394.4
REIMBURSEMENT TO CORP. GENERAL FUND, $217,404.00; ALL ITEMS
BEING WITHIN THE BUREAU OF WATER WORKS BUDGET WITHIN THE WATER
WORKS GENERAL FUND.
Respectfully report that they have examined the matter and that in their opinion THIS BILL SHOULD BE
TO THE COUNCIL FAVORABLE.
JOHN VOORDE
.... ..... NVBLIOXIN6 CO.
Chairman