Asbury Park
NJ

Resolution
2017-376

Resolution Authorizing the Transfer of Appropriations in the Fiscal Year 2017 Budget

Information

Department:FinanceSponsors:
Category:Budget

Attachments

  1. Printout

Body

WHEREAS, it has been determined that various line items within the 2017 fiscal year operating budget need additional funds to cover these expenditures; and,

 

WHEREAS, it has also been determined that sufficient balances remain in various expense accounts to cover these expenditures; and,

 

WHEREAS, New Jersey Statute 40A:4-58 allows for the transfer of funds between line items during the two months during the fiscal year and the first three months of the following year.

 

NOW, THEREFORE BE IT RESOLVED by the Mayor and Council of the City of Asbury Park that the Chief Financial Officer is hereby authorized to make the following budget transfers:

 

                                                                                                  From                                          To

Current Fund:

 

Employee Group Insurance                                               $100,000.00

Liability Insurance                                                 110,000.00

Workers Compensation Insurance                          134,000.00

Human Resources Other Expenses                             5,000.00

Finance Salaries and Wages                                    31,000.00

Data Processing Salaries and Wages                       20,000.00

Legal                                                                       10,000.00

Code Enforcement Salaries and Wages                   17,500.00

Data Processing Other Expenses                               1,500.00

 

Engineering                                                                                           $300,000.00

Hydrant Services                                                                                        5,000.00

Street Lighting                                                                                           45,000.00

Light, Heat, Power                                                                                    25,000.00

Senior Citizens Salaries and Wages                                                         17,500.00

Tax Collector Other Expenses                                                                  16,000.00

Solid Waste Salaries and Wages                                                                3,000.00

Prosecutor                                                                                                  6,000.00

Planning Other Expenses                                                                            1,500.00

Communications Salaries and Wages                                                       10,000.00

 

Parking Operating Fund:

 

Salaries and Wages                                           24,000.00

Parking Other Expenses                                                                              24,000.00

 

 

 

 

Meeting History

Dec 13, 2017 7:00 PM  Municipal Council Regular Meeting
RESULT:ADOPTED [UNANIMOUS]
MOVER:Amy Quinn, Deputy Mayor
SECONDER:John Moor, Mayor
AYES:Eileen Chapman, Yvonne Clayton, Jesse Kendle, Amy Quinn, John Moor