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HomeMy Public PortalAboutr 95:083No. 95-83 Date of AdoptionFebruary 16, 1995 TRANSFER 1994 BUDGET APPROPRIATION RESERVES WHEREAS, various 1994 bills have been presented for payment this year, which bills were not covered by order number and/or recorded at the time of transfers between the 1994 Budget Appropriation Reserve in the last two months of 1994; and WHEREAS, N.J.S. 40A:4-59 provides that all unexpended balances carried forward after the close of the year are available, until lapsed at the close of the succeeding year, to meet specific claims, commitments or contracts incurred during the preceding fiscal year, and allow transfers to made from unexpended balances which are expected to be insufficient during the first three months of the succeeding year; NOW, THEREFORE, BE IT RESOLVED By The Mayor and Council of The Borough of Carteret that transfers in the amount $75,000 be made between the 1994 budget appropriation reserves as follows: A/C ~ NAME FROM T__O 116.299 Insurance/Surety Bond Prem. $25,000.00 149.299 Garbage & Trash 20,000.00 156.299 Social Security System 30,000.00-' 122.299 Police- S & W $75,000.00 Total $75t000.00 $75r000-00 Adopted this 16th day of February, 1995 and certified as a true copy of the original on February 17, 1995. KATHLEttN M. BARNEY, Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. RTAI fT~/ARU'J'I1K X ~,fl~lT~A~ X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council , _February 16. 1995