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Executive Order JB-2011-1 CITY OF CARMEL EXECUTIVE ORDER J B 2011 -1 WHEREAS, the Department of Local Government Finance has declared it will, on its own authority, add certain appropriations to the 2011 budgets of the Police and Fire Pension Funds. WHEREAS, the appropriations added by the Department of Local Government Finance are not needed for pension payments or any other purpose intended when the Council adopted the 2011 Budget Ordinance. NOW, THEREFORE, 1 James Brainard, the duly elected Mayor of the City of Carmel, Indiana, pursuant to Indiana Code Section 36- 4 -7 -8, which authorizes me to decrease budget appropriations after the passage of the City's appropriation ordinance, do herby order and direct that the following funds indicated be decreased in the amounts shown set forth below: POLICE PENSION FUND AMOUNT DECREASED Transfer to General Fund $1,419,960 TOTAL: $1,419,960 FIRE PENSION FUND Transfer to General Fund $1,956,846 TOTAL: $1,956,846 SO ORDERED THIS DAY OF JANUARY, 2011. g's ames Brainard, Mayor ATTEST: Douglas C. Haney, City Attorne