Board of Estimate & Contract:
RESOLVED, that an ordinance adopted by the City Council on September 11, 2024, and signed by the Mayor on September 12, 2024, authorizing the Transfer of Funds to Cover Budget Lines with Negative Balances for the Department of Public Safety, shown in the Table below:
|
Reason for Transfer |
Amount to be Transferred |
From Budget Line |
To Budget Line |
|
Parking Bureau - underestimated its technology expenses |
$779.00 |
A3120.416 (PD-Technology Upgrades) |
A1130.416 (Parking Bureau-Computerization) |
|
Parking Bureau - underestimated its uniform expenses |
$4,250.11 |
A3120.499 (PD-Uniform and Protective Equipment) |
A1130.499 (Parking Bureau-Uniform and Protective Equip) |
|
Parking meters ordered in 2023 did not arrive until the end of the first quarter of 2024, causing costs to be split. Not enough funds available for payment |
$10,140.00 |
A1130.431 (Parking Bureau-Maintenance) |
A3120.431 (PD-Maintenance of Parking Garage) |
, be and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE
TRANSFER OF FUNDS TO COVER BUDGET
LINES WITH NEGATIVE BALANCES FOR
THE DEPARTMENT OF PUBLIC SAFETY
Whereas, by letter dated July 19, 2024, the Commissioner for the Department of Public Safety has requested legislation authorizing the transfer of funds shown below to cover negative balances reported by the Comptroller’s office in the specified budget lines; and
Whereas, the Department of Public Safety has reported negative balances in certain budget lines as identified by the Comptroller's Office; Now, Therefore, Be It Resolved That
The City of Mount Vernon, in City Council convened, does hereby ordain and enact:
Section 1. Authorization of Fund Transfers. The City Council hereby authorizes the Comptroller to make the following transfers to cover negative balances in the specified budget lines:
|
Reason for Transfer |
Amount to be Transferred |
From Budget Line |
To Budget Line |
|
Parking Bureau - underestimated its technology expenses |
$779.00 |
A3120.416 (PD-Technology Upgrades) |
A1130.416 (Parking Bureau-Computerization) |
|
Parking Bureau - underestimated its uniform expenses |
$4,250.11 |
A3120.499 (PD-Uniform and Protective Equipment) |
A1130.499 (Parking Bureau-Uniform and Protective Equip) |
|
Parking meters ordered in 2023 did not arrive until the end of the first quarter of 2024, causing costs to be split. Not enough funds available for payment |
$10,140.00 |
A1130.431 (Parking Bureau-Maintenance) |
A3120.431 (PD- Maintenance of Parking Garage) |
Section 2. Purpose of Transfers. These fund transfers are necessary to address underestimated expenses in the Parking Bureau’s technology and uniform expenses and cover the costs of parking meters ordered in 2023.
Section 3. Compliance with Budgetary Regulations. All transfers shall comply with applicable city regulations and budgetary policies.
Section 4. Effective Date of Ordinance. This ordinance shall take effect upon its approval by the Board of Estimate & Contract.