Legislation Details

File #: TMP -288    Version: 1
Type: Ordinance Status: Adopted
File created: 12/13/2023 In control: Board of Estimate & Contract
On agenda: 1/2/2024 Final action: 1/2/2024
Title: Department of Buildings: An ordinance authorizing a budget line transfer of funds
Sponsors: PSC
Attachments: 1. TransferOfFunds2023.pdf

Board of Estimate and Contract:

 

 

RESOLVED, that an ordinance adopted by the City Council on December 27, 2023, and signed by the Mayor on December 28, 2023, authorizing a budget line transfer (the Building Department requires that $356.00 be transferred from budget line A3620.416 {Software Leases} to A3620.203 {Equipment}), be and the same is hereby approved.

 

City Council:

 

AN ORDINANCE AUTHORIZING A

DEPARTMENT BUDGET LINE TRANSFER

 

Whereas, by letter dated December 12, 2023, the Commissioner of the Department of Buildings has requested legislation authorizing the transfer of funds from A3620.416 {Software Leases} to A3620.203 {Equipment}); and

 

Whereas, the Buildings Department is currently facing a negative balance; and

Whereas, a budget line transfer is necessary to address the negative balance and ensure the smooth operation of the Buildings Department; and

Whereas, the required amount for the transfer is specified below; Now, Therefore, Be It Resolved That

The City of Mount Vernon, in City Council convened, does hereby ordain, and enact:

Section 1.                     Budget Line Transfer Authorization.  The City Council authorizes the transfer of funds in the Department of Buildings - from A3620.416 {Software Leases} to A3620.203 {Equipment}).

Section 2.                     Transfer Amount.  The amount to be transferred is $356.00.

Section 3.                     Purpose of Transfer.  The transfer is intended to cover the negative balance in the Buildings Department and ensure the continued and effective operation of the department.

Section 4.                     Implementation.  The Department of Finance is directed to facilitate the transfer promptly and ensure accurate accounting of the funds.

Section 5.                     Effective Date.  This ordinance shall take effect upon its approval by the Board of Estimate & Contract.