HomeMy WebLinkAboutD-2742-24 Appropriating Funds into General FundSponsor(s): Green and Aasen
This Ordinance was prepared by Samantha Karn, Corporation Counsel, on September 23, 2024 at 2:10 p.m. No
subsequent revision to this Ordinance has been reviewed by Ms. Karn for legal sufficiency or otherwise.
ORDINANCE D-2742-24
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
AUTHORIZING AND APPROVING AN ADDITIONAL APPROPRIATION OF FUNDS
FROM THE OPERATING BALANCE OF THE GENERAL FUND
Synopsis: Restores reductions by the DLGF to the annual 2024 appropriations of the General
Fund.
WHEREAS, DLGF reviews the annual budget of the City of Carmel without taking into
account the full non-property tax revenues and other resources available, all of which are now
known or estimable; and
WHEREAS, an additional amount of $17,343,102.00 is now necessary and desirable
from the General Fund to reinstate the DLGF reductions from the 2024 appropriations which
received the approval of the Common Council on October 16, 2023; and
WHEREAS, the unencumbered balance in the General Fund as of December 31, 2024, is
currently projected to equal or exceed $17,343,102.00.
NOW THEREFORE, BE IT ORDAINED, by the Common Council of the City of
Carmel, Indiana:
Section 1: That the foregoing Recitals are incorporated herein by this reference.
Section 2: That the following additional sums of money are hereby appropriated from
the General Fund operating balance, subject to applicable laws:
$17,343,102.00 from the General Fund operating balance
TO
Any appropriation line that otherwise would be affected by the DLGF reduction.
Section 3: This ordinance shall become effective upon its passage and execution by
the Common Council and Mayor as required by law.
Ordinance D-2742-24
Page One of Two Pages
Docusign Envelope ID: B53FB292-BE7B-4480-AA1E-62876274BE7E
Sponsor(s): Green and Aasen
This Ordinance was prepared by Samantha Karn, Corporation Counsel, on September 23, 2024 at 2:10 p.m. No
subsequent revision to this Ordinance has been reviewed by Ms. Karn for legal sufficiency or otherwise.
PASSED by the Common Council of the City of Carmel, Indiana, this day of
________, 2024, by a vote of _____ ayes and _____ nays.
COMMON COUNCIL FOR THE CITY OF CARMEL
Anthony Green, President Adam Aasen, Vice-President
Rich Taylor Matt Snyder
______________________________
Jeff Worrell Teresa Ayers
Shannon Minnaar Ryan Locke
Anita Joshi
ATTEST:
______________________________
Jacob Quinn, Clerk
Presented by me to the Mayor of the City of Carmel, Indiana this day of
_________________________ 2024, at _______ __. M.
Jacob Quinn, Clerk
Approved by me, Mayor of the City of Carmel, Indiana, this day of
________________________ 2024, at _______ __.M.
Sue Finkam, Mayor
ATTEST:
Jacob Quinn, Clerk
Ordinance D-2742-24
Page Two of Two Pages
Docusign Envelope ID: B53FB292-BE7B-4480-AA1E-62876274BE7E
11:30
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