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Home My Public Portal About101-1995 - APPROPRIATION ORDINANCE AMENDING THE 1995 BUSGET - BORDINANCE NO. 101-1995 AN APPROPRIATION ORDINANCE AMENDING THE 1995 BUDGET Whereas Common Council of the City of Richmond, Indiana, adopted a budget for calendar year 1995, and Whereas year to date experience shows certain appropriations to be greater than the required 1995 expenses, and Whereas it is desirable to remove the overfunded portion from said accounts in the 1995 budget, Now, therefore, be it ordained by the Common Council of the City of Richmond, Indiana, that the 1995 budget be amended as follows: A. General Fund - Board of Works ..... ... ..... .... __._....... ....... ..... .... ......... 1 . _ Delete.$10,000 0 from. Election Expense.... ........ . Existing account no. 101-1-6-601-3-3983 B . Parks and Recreation Fund 1. Delete $26,000.00 from Insurance Existing account no. 219-39-390-3901-3-3401 C. Police Pension Fund 1. Delete $167,000.00 from Pensions - Eligible Existing account no. 802-61-610-6101-1-1313 2. Delete $24,000.00 from Death Benefits Existing account no. 802-61-610-6101-1-1315 D. Fire Pension Fund 1. Delete $210.00 from Pensions - Retired Existing account no. 801-60-600-6001-1-1312 2. Delete $141,623.00 from Pensions - Eligible Existing account no. 801-60-600-6001-1-1313 3. Delete $12,167.00 from Pensions - Dependents Existing account no. 801-60-600-6001-1-1314 4. Delete $6,000.00 from Death Benefits Existing account no. 801-60-600-6001-1-1315 E. Recapitulation 1. Reductions totaling $387,000.00 are hereby made in the City's 1995 budget. Passed and adopted this 18th day of December, 1995, by e mmon Council of the City of Richmond, Indiana. esident (Sarah L. ton) ATTE T: City Clerk Norma Schro er) PRESENTED to the Mayor of the City of Richmond, Indiana, this 19th day of December, 1995, at 9:00 a.m. �iL�'SRk' City Clerk (Norma chroeder) APPROVED by me, Roger Cornett, Mayor of the City of Richmond, Indiana, this 19th day of December, 1995, at 9:05 a.m. CITY OF RICHMON D DEPARTMENT OF LAW 50 North 5th Street Richmond, Indiana 47374 Phone (317) 983-7220 Fax (317) 966-2255 December 15, 1995 Common Council Richmond, IN 47374 RE: Ordinance No. 101-1995 Dear Council Member: ROGER CORNETT Mayor THOMAS S. MILLIGAN City Attorney This ordinance reduces appropriations in the 1995 General Fund budget by $10,000.00, Parks and Recreation Fund budget by $26,000.00, Police Pension budget by $191,000.00, and Fire Pension budget by $160,000.00 for total reductions of $387,000.00. The result of this "reduction ordinance" is to eliminate the need for an Additional Appropriation in 1996 to enable the City to use unappropriated cash in each of these funds. The other reduction ordinances this year were 64-1995 adopted August 21, 1995, and 74-1995 adopted October 2, 1995, and 96-1995 adopted December 4,1995. This ordinance can be adopted in a single meeting upon suspension of rules to advance to second and third readings. Sincerely yours, Thomas S. Milligan City Attorney Enclosure DISPOSITION OF ORDINANCE NO. ,L—1 -19' RESOLUTION NO. -19 by Common Council Drdinance No. I U f _� [PP Resolution No. — Elstro Lundy Brookban Donat McBri a Parke Allen Dickma Hutton Data - U- Susp. rules Ist read Title only LIX -------- --- - - -- -- - - - -- -- conded .. . .. ....... Proof of Publicaton Seconded Move to 2nd read Seconded Engrossment ✓ Seconded ✓ Susp rules 3rd read Seconded Passage G� ------ --O R- -- - ------- ---f ----- ------- ---------------------------- Rejection Date Passed a - r -7� COMMITTEE ASSIGNMENTS: Committee Date Commitee Hearing Date Reassigned to Council Agenda PUBLICATION DATES: AMENDMENTS: COMMENTS: