LEGISLATIVE YEAR 2022
RESOLUTION: R-22-044
PURPOSE: Relative to the supplemental appropriation of $1,500,000 of
FY2022 Assigned Fund Balance into Department 126
“Financial Services”, Account 68500 “Abatements”
SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: This resolution will reduce the Assigned Fund Balance portion
for Overlay. The current balance assigned for overlay is
$1,500,000.
ANALYSIS
This resolution appropriates $1,500,000 of FY 2022 assigned fund balance tor the purpose of
funding additional tax abatements.
Charter Sec. 53 permits specific non-budget. supplementary appropriations. There should be
notice and a public hearing. A two-thirds vote is required under Charter Sec. 56-b for an item or
amount not in the mayor’s budget. A roll call is required under Charter Sec. 49
Approved as to account Financial Services Division
structure, numbers, caps
and amount. np... /s/ John L. Griffin
Approved as to form: Office of Corporation Counsel
By: ‘\D pee view heer
Date: (O Ly MR Anon
