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HomeMy WebLinkAboutResolution CC-09-19-16-02 Redvelopment Department Transfer of FundsSPONSOR(S): Councilor Worrell RESOLUTION CC -09-19-16-02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS WITHIN THE 2016 REDEVELOPMENT DEPARTMENT BUDGET Synopsis: Resolution transfers money within the Redevelopment Department's budget to cover the cost of a new employee hired by the Department. WHEREAS, an amount of Fifty -Eight Thousand Nine Hundred Eighty Dollars ($52,980.00) is needed to cover the expense of a new employee hired by the Redevelopment Department; and WHEREAS, the Redevelopment Department's Budget has excess funds in the amount of Fifty - Two Thousand Nine Hundred Eighty Dollars ($52,980.00) in the following Line Item: Line Item 404 Consulting Fees $52,980.00 NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Clerk -Treasurer is hereby authorized to transfer funds within the Redevelopment Department 2016 Budget as follows: Line Item 404 Consulting Fees $52,980.00 INTO Line Item 100 Full Time $30,000.00 Line Item 210 Employer's Social Security $1,860.00 Line Item 220 Employer's Health Insurance $11,060.00 Line Item 221 Disability Insurance $130.00 Line Item 222 Life Insurance $90.00 Line Item 230 Employer's Share of PERF $9,400.00 Line Item 240 Employer's Medicare $440.00 Total: $52,980.00 This Resolution was prepared by Jon Oberlander, Carmel Senior Assistant City Attorney, on September 1, 2016 at 2:34 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. C:\Users\amurmy\AppData\Local\Microsoft\Windows\Temporary Intemet Files\Content0utlook\61Z793KG\CRC Budget Transfer Resolution 2016 w synopsis.doc SPONSOR(S): Councilor Worrell SO RESOLVED and ordered by the ommon Council of the City of Carmel, Indiana, this day of411 1C7 2016, by a vote of ayes and nays. COMMON COUNCIL FOR THE CITY OF CARMEL �' I — W-, g, � " Pre6ding Officer Laura D. Campbell / Carter V ATT ST: Chri e -S. Pauley, erk-Treasurer �.�Loq. W��4 '01 V �Ao evin D. Rider ]?resented by me to the Mayor of the City of Carm , i this�� day of ►Vl W- Y' 2016, at 2' hff L� .M Christine S. Pauley, erk-Treasurer Approved by me, Mayor of the City of Carmel, Smash ��� 2016, at _ ?M. Clerk -Treasurer J i; 'qday of Brainard, Mayor This Resolution was prepared by Jon Oberlander, Carmel Senior Assistant City Attorney, on September 1, 2016 at 2:34 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. C:\Use.\amutrayWppData\Local\Microsoft\Windows\Temporary Internet Files\Content.0utlook\6IZ793KG\CRC Budget Transfer Resolution 2016 w synopsis.doc