Asbury Park
NJ

Resolution
2017-103

Resolution Amending Temporary Budget Appropriations for 2017 Budget

Information

Department:FinanceSponsors:
Category:Budget

Attachments

  1. Printout

Body

              WHEREAS, N.J.S.A 40A:4-20 provides that the Governing Body by a 2/3 vote of the full membership thereof may make emergency temporary appropriations for any purpose for which appropriation may lawfully be made for the period between the beginning of the current fiscal year and the final adoption of the budget for the said year; and

 

              WHEREAS, the previously adopted temporary budget did not provide sufficient funds for the operational costs prior to the final adoption of the 2017 budget.

 

              NOW, THEREFORE BE IT RESOLVED by the Mayor and Council of the City of Asbury Park that the following Emergency Temporary Appropriation for the year 2017 be adopted and a certified copy of this resolution be provided to the Borough’s Chief Financial Officer and the Director of Division of Local Government Services, Department of Community Affairs, State of New Jersey.

 

             

                                                                                                                              From                                                 To

 

Beach Utility Fund:

  Salaries and Wages                                                                      $213,150.00                                          $406,000.00

  Other Expenses                                                                        110,250.00                                            210,000.00

  Social Security                                                                          16,327.00                                              31,500.00

  Unemployment                                                                            9,188.00                                              17,500.00

  Public Employees Ret. System                                                4,725.00                                          18,000.00

 

Parking Utility Fund:

  Salaries and Wages                                                                         85,312.50                                            211,000.00

  Other Expenses                                                                      340,525.00                                            361,100.00

  Unemployment                                                                           3,937.50                                                7,500.00

  Public Employees Ret. System                                               3,937.50                                            15,000.00

  Interest on Notes                                                                           6,000.00                                                6,250.00

 

Sewer Utility Fund:

  Salaries and Wages                                                                      150,412.50                                            294,750.00

  Other Expenses                                                                    292,687.00                                            560,000.00

  Social Security                                                                        11,511.00                                              24,000.00

  Interest on Bonds                                                                  205,000.00                                            210,000.00

  Interest on Notes                                                                        20,000.00                                              31,000.00

 

Current Fund:

  Recycling Tonnage Grant                                                                   0.00                                              30,545.64

  Madison Marquette Police                                                                   0.00                                  75,000.00

  School Resource Officer                                                             0.00                               295,746.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                           

Meeting History

Mar 8, 2017 7:00 PM  Municipal Council Regular Meeting
RESULT:ADOPTED [UNANIMOUS]
MOVER:Jesse Kendle, Councilmember
SECONDER:Eileen Chapman, Councilmember
AYES:Eileen Chapman, Yvonne Clayton, Jesse Kendle, Amy Quinn, John Moor