RESOLUTION:
PURPOSE:
SPONSOR(S):
COMMITTEE
ASSIGNMENT:
FISCAL NOTE:
LEGISLATIVE YEAR 2020
R-20-011
Relative to the transfer of $1,000,000 from Department 194
“Contingency”, Account 70112 “Contingency for Educational
Priorities”
Mayor Jim Donchess
Alderman Richard A. Dowd
The current balance in this account is $1,000,000. There will
be zero funds remaining upon passage of this resolution.
ANALYSIS
This resolution authorizes the transfer of $1,000,000 from Account 70112 “Contingency for
Educational Priorities” into the School Operating Budget for the purpose of funding the listed
one time expenses.
Charter Sec. 53 permits the Board of Aldermen to transfer any unencumbered appropriation
balance or any portion from one department, fund or agency to another.
NRO 5-130, H provides that “when proposed legislation to transfer or re-appropriate a particular
appropriation or purpose thereof has had its first reading, such funds shall not be expended or
transferred while the legislation is pending”.
Approved as to account
structure, numbers and
amount:
Approved as to form:
Financial Services Division
Wa
omed ste Corporation Coense
Date: 2d Natadann 29