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HomeMy Public PortalAbout048-2005 - 2006 BudgetORDINANCE NO. 48-2005 AN APPROPRIATION ORDINANCE TO BE KNOWN AS THE 2006 BUDGET WHEREAS, Indiana Code 36-4-7-6(1) requires each department head to prepare an estimate of the amount of money required for the ensuing budget year, stating in detail each category and item of expenditure he or she anticipates; and WHEREAS, Indiana Code 36-4-7-6(2) requires the City Controller to prepare an itemized estimate of revenues available for the ensuing budget year and an itemized estimate of expenditures for other purposes above the money proposed to be used by the departments; and WHEREAS, Indiana Code 36-4-7-6(3) requires the Mayor to meet with the department heads and City Controller to review and revise their various estimates; and WHEREAS, Indiana Code 36-4-7-7(a) requires the City Controller to present the report of budget estimates to the Common Council pursuant to Indiana Code 6-1.1-17 and requires Common Council, after its review, to prepare an ordinance fixing the rate of taxation for the ensuing budget year and making appropriations for the estimated department budgets and other city purposes during the ensuing budget year; and WHEREAS, pursuant to the above requirements, Common Council has reviewed the report of budget estimates through a series of Committee-of-the-Whole meetings; and WHEREAS, the above applicable laws allow the Common Council to reduce any estimated item from the figure submitted in the report of the City Controller, but enables Common Council to increase an item only upon the Mayor’s recommendation. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, that for the expenses of said City government and its institutions for the year ending December 31, 2006, the sums of money shown on attached Budget Form 4-A are hereby appropriated and ordered set apart out of the several funds herein named and for the purposes herein specified, subject to the laws governing the same. Such sums herein appropriated shall be held to include all expenditures authorized to be made during the year, unless otherwise expressly stipulated and provided for by law. In addition, for the purposes of raising revenue to meet the necessary expense of the City government, the tax rates as shown on attached Budget Form 4-B are hereby fixed. Passed and adopted this _29th_ day of September 2005 by the Common Council of the City of Richmond, Indiana. S/S Bruce Wissel____________, President (Bruce Wissel) ATTEST: S/S Karen Chasteen_____, City Clerk (Karen Chasteen) PRESENTED to the Mayor of the City of Richmond, Indiana, this 29th_ day of September_, 2005, at 9:00 a.m. S/S Karen Chasteen________, City Clerk (Karen Chasteen) APPROVED by me, Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this 29th_ day of September_, 2005, at 9:05 a.m. S/S Sarah L. Hutton__________, Mayor (Sarah L. Hutton) ATTEST: S/S Karen Chasteen____, City Clerk (Karen Chasteen)