HomeMy WebLinkAboutD-1207-96 Amend Tranfer of FundsORDINANCE D-1207-96
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIAN& AMENDING CHAPTER 2, ARTICLE 6, DIVISION I., SECTION 2-135
OF THE CARMEL CITY CODE ENTITLED "TRANSFER OF FUNDS".
WHEREAS, IC 6-1.1-18-6 requires that the proper officers of a political subdivision may transfer money
from one major budget classification to another within a department or office if: (a) they determine that the
transfer is necessary; (b) the transfer does not require the expenditure of more money than the total amount set
out in the budget as finally determined under this article; (c) the transfer is made at a regular public meeting and
by proper ordinance or resolution; and (d) the transfer is certified to the county auditor; and
WHEREAS, the Indiana State Board of Accounts requires an accounting of a political subdivision's
expenditures which are required to be categodzed within one of the following four (4) major budget
classifications: (a) Personal Services (10,000); (b) Supplies (20,000); (c) Other Services and Charges (30,000);
and (d) Capital Outlay (40,000) (collectively, (a) through (d) are the "SBA Classifications"); and
WHEREAS, it is reasonable and customary for political subdivisions to consider the term "major budget
classifications" as used in IC 6-1.1-18-6 to be the same classifications as the SBA Classifications; and
WHEREAS, the Indiana Code does not regulate transfers between line items within a major budget
- classification; and
WHEREAS, the Carreel City Code, Chapter 2, Article 6, Division I., Section 2-135 requires an ordinance
or resolution by the Common Council for the transfer of funds between line items within a major budget
classification; and
WHEREAS, the Common Council has determined that it is in the best interest of the City of Carreel,
Indiana, to follow the Indiana Code and allow without ordinance or resolution the City of Carmel Officers and
Department Directors to transfer appropriated funds between line items within major budget classifications.
NOW THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF
CARMEL, INDIAN& that Chapter 2, Article 6, Division I., Section 2-135, of the Carmel City Code is hereby
deleted in its entirety and replaced with the following:
I. Common Council Approved Transfers.
The Common Council may transfer money from one major budget classification to another within
a City Department or Office of an Elected Official if:
,
it determines that the transfer is necessary;
the transfer does not require the expenditure of more money than the total amount set out
in the budget as finally determined pursuant to IC 6-1.1 et seq;
the transfer is made at a regular public meeting and by proper resolution; and
the transfer is certified to the county auditor.
II. Department and Office Approved Transfers.
a,
All City Departments, the office of the Mayor, the Clerk-Treasurer, and the City Judge may
transfer appropriated funds between line items within major budget classifications without the
approval of the Common Council (the "Department and Office Approved Transfers").
b,
Department and Office Approved Transfers may be made without notice and without
the approval of the State Board of Tax Commissioners.
C,
Written notice of Department and Office Approved Transfers shall first be provided to the
office of the Clerk-Treasurer.
P ED AND ADOPTED by the Common Council of the City of Carreel, Indiana, this / 5.~ day of
:E3,,k-~ ,1996.
INDIANA
CO ON COUNCIL OF THE CITY CARMEL,
· ' Officer '''~
ATTEST:
Clerk Treasurer
by me to the Mayor of the City of Carm~l, In iana, on the/5",~day of
~~~, 19?6. ' ~~
Jar~is Brainard, Mayor
ATTEST:
CI~Zr5 ~
(ord\trlnsfr. rep)