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HomeMy WebLinkAboutCC 12-05-22-08/Funds Transfer within 2022 Mayor's BudgetSponsors: Councilors Rider and Worrell This Resolution was prepared by Jon Oberlander, Corporation Counsel, on November 21, 2022, at 4:49 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. RESOLUTION CC 12-05-22-08 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS WITHIN THE 2022 MAYOR’S BUDGET Synopsis: Transfers $55,500.00 to cover expenses incurred in various line items within the 2022 Mayor’s Budget. WHEREAS, the sum of Fifty Five Thousand Five Hundred Dollars ($55,500.00) is needed to pay for expenses incurred in various line items within the 2022 Mayor’s Budget; and WHEREAS, the 2022 Mayor’s Budget has excess funds in the amount of Fifty Five Thousand Five Hundred Dollars ($55,500.00) in the following line items: Mayor’s Budget (1160): Line Item 4120000 – Deferred Compensation $12,000.00 Mayor’s Budget (1160): Line Item 4122000 – City’s Share of H-Ins $37,000.00 Mayor’s Budget (1160): Line Item 4128000 – Tuition Reimbursement $6,500.00 NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Controller is authorized to transfer funds within the 2022 Mayor’s Budget as follows: Mayor’s Budget (1160): Line Item 4120000 – Deferred Compensation $12,000.00 Mayor’s Budget (1160): Line Item 4122000 – City’s Share of H-Ins $37,000.00 Mayor’s Budget (1160): Line Item 4128000 – Tuition Reimbursement $6,500.00 INTO Mayor’s Budget (1160): Line Item 4355101 – Support for the Arts $55,500.00 Resolution CC 12-05-22-08 Page One of Two Pages DocuSign Envelope ID: 008736CB-095D-4557-99C2-18BAD623462C Sponsors: Councilors Rider and Worrell This Resolution was prepared by Jon Oberlander, Corporation Counsel, on November 21, 2022, at 4:49 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. SO RESOLVED, by the Common Council of the City of Carmel, Indiana, this ____ day of ________, 2022, by a vote of _____ ayes and _____ nays. COMMON COUNCIL FOR THE CITY OF CARMEL ___________________________________ Kevin D. Rider, President Jeff Worrell, Vice-President ___________________________________ ____________________________________ Sue Finkam Laura Campbell ___________________________________ ____________________________________ H. Bruce Kimball Anthony Green ___________________________________ ___________________________________ Adam Aasen Tim Hannon ___________________________________ Miles Nelson ATTEST: __________________________________ Sue Wolfgang, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of _________________________ 2022, at _______ __.M. ____________________________________ Sue Wolfgang, Clerk Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of ________________________ 2022, at _______ __.M. ____________________________________ James Brainard, Mayor ATTEST: ___________________________________ Sue Wolfgang, Clerk Resolution CC 12-05-22-08 Page Two of Two Pages DocuSign Envelope ID: 008736CB-095D-4557-99C2-18BAD623462C Opposed December December Not Present 7th 5th 6 2 7th December A A 10:45 10:30 Opposed