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HomeMy WebLinkAboutCC-11-18-24-04 City Council Transfer SPONSOR(S): Councilor(s) Aasen, Taylor, Green, Snyder and Minnaar This Resolution was prepared by Samantha Karn, on November 7, 2024, at 1:00 p.m. No subsequent revision to this Resolution has been reviewed by Ms. Karn for legal sufficiency or otherwise. RESOLUTION CC 11-18-24-04 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS WITHIN THE COMMON COUNCIL BUDGET (FUND#1401) Synopsis: Transfers $109,400.00 within the 2024 Common Council budget. WHEREAS, the sum of One Hundred and Nine Thousand Four Hundred Dollars ($109,400.00) is needed to fund donations to various organizations in various line items within the 2024 Common Council budget; and WHEREAS, the 2024 City Council budget has excess funds in the amount of One Hundred and Nine Thousand Four Hundred Dollars ($109,400.00) in the following line items: Common Council Budget (1401): Line Item 4120000 – Deferred Compensation $20,000.00 Common Council Budget (1401): Line Item 4121000 – City’s Share of FICA $2,000.00 Common Council Budget (1401): Line Item 4122000 – City’s Share of Health Ins $83,000.00 Common Council Budget (1401): Line Item 4124000 – City’s Share of Medicare $500.00 Common Council Budget (1401): Line Item 4230100 – Stationary & Printed Material $750.00 Common Council Budget (1401): Line Item 4230200 – Office Supplies $750.00 Common Council Budget (1401): Line Item 4239099 – Other Miscellaneous $2,400.00 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 2024 Common Council budget (1401) as follows: Common Council Budget (1401): Line Item 4120000 – Deferred Compensation $20,000.00 Common Council Budget (1401): Line Item 4121000 – City’s Share of FICA $2,000.00 Common Council Budget (1401): Line Item 4122000 – City’s Share of Health Ins $83,000.00 Common Council Budget (1401): Line Item 4124000 – City’s Share of Medicare $500.00 Common Council Budget (1401): Line Item 4230100 – Stationary & Printed Material $750.00 Common Council Budget (1401): Line Item 4230200 – Office Supplies $750.00 Common Council Budget (1401): Line Item 4239099 – Other Miscellaneous $2,400.00 INTO Common Council Budget (1401): Line Item 4358100 – Special Organization Donations $109,400.00 Resolution CC 11-18-24-04 Page One of Two Docusign Envelope ID: CC89333B-AF74-44B3-8953-5FBD47055E74 SPONSOR(S): Councilor(s) Aasen, Taylor, Green, Snyder and Minnaar This Resolution was prepared by Samantha Karn, on November 7, 2024, at 1:00 p.m. No subsequent revision to this Resolution has been reviewed by Ms. Karn for legal sufficiency or otherwise. SO RESOLVED, 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 Jeff Worrell Matthew Snyder ______________________________ Rich Taylor Teresa Ayers Anita Joshi Ryan Locke ______________________________ Shannon Minnaar 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 Resolution CC 11-18-24-04 Page Two of Two Docusign Envelope ID: CC89333B-AF74-44B3-8953-5FBD47055E74 9 11:30 November A 19th 18th 11:15 November 19th November 0 A