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HomeMy WebLinkAboutCC-12-16-24-03 General Administration Budget TransferSPONSOR: Councilor Green This Resolution was prepared by Samantha Karn, Corporation Counsel, on December 4, 2024 at 9:00 a.m. No subsequent revision to this Resolution has been reviewed by Ms. Karn for legal sufficiency or otherwise. RESOLUTION NO. CC 12-16-24-03 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS WITHIN THE 2024 GENERAL ADMINISTRATION BUDGET (#1205) Synopsis: Transfers $299,000.00 within the 2024 General Administration budget (#1205). WHEREAS, the sum of Two Hundred Ninety Nine Thousand Dollars ($299,000.00) is needed to pay for expenses in various line items within the 2024 General Administration Department budget; and WHEREAS, the 2024 General Administration Department budget has excess funds in the amount of Two Hundred Ninety Nine Thousand Dollars ($299,000.00) in the following line items: General Administration Budget (1205): Line Item 4110000 – Full Time Regular $150,000.00 General Administration Budget (1205): Line Item 4120000 – Deferred Compensation $20,000.00 General Administration Budget (1205): Line Item 4121000 – City’s Share of FICA $10,000.00 General Administration Budget (1205): Line Item 4123002 – City’s Share of PERF $18,000.00 General Administration Budget (1205): Line Item 4124000 – City’s Share of Medicare $2,400.00 General Administration Budget (1205): Line Item 4347500 – General Insurance $85,000.00 General Administration Budget (1205): Line Item 4348000 – Electricity $13,600.00 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 General Administration Department budget (1205) as follows: General Administration Budget (1205): Line Item 4110000 – Full Time Regular $150,000.00 General Administration Budget (1205): Line Item 4120000 – Deferred Compensation $20,000.00 General Administration Budget (1205): Line Item 4121000 – City’s Share of FICA $10,000.00 General Administration Budget (1205): Line Item 4123002 – City’s Share of PERF $18,000.00 General Administration Budget (1205): Line Item 4124000 – City’s Share of Medicare $2,400.00 General Administration Budget (1205): Line Item 4347500 – General Insurance $85,000.00 General Administration Budget (1205): Line Item 4348000 – Electricity $13,600.00 INTO General Administration Budget (1205): Line Item 4462000 – Other Structure Improvement $163,000.00 General Administration Budget (1205): Line Item 4463000 – Furniture & Fixtures $136,000.00 Resolution CC 12-16-24-03 Page One of Two Pages Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08 SPONSOR: Councilor Green This Resolution was prepared by Samantha Karn, Corporation Counsel, on December 4, 2024 at 9:00 a.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 12-16-24-03 Page Two of Two Pages Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08 17th December 17th A11:15 December 16th 0 A11:00 9 December