HomeMy WebLinkAboutOrd. 20-020Ordinance 20-020
An ordinance Authorizing Supplemental Appropriation No. 5
to the 2020 Budget
Be It Ordained by the City of Brookings, South Dakota:
Whereas State Law (SDCL 9-21-7) and the City Charter (4.06 (a)) permit supplemental
appropriations provided there are sufficient funds and revenues available to pay the
appropriation when it becomes due.
Now, Therefore, Be It Resolved by the City Council that the City Manager be authorized
to make the following budget adjustments to the 2020 Budget:
Part 1 -Funds transfer from Public Improvements Fund to Gateway Capital Project
Fund
Fund 520 -Gateway Project
520-000-6-700-04-Transfer in Sales & Use Tax
Total Transfers In
The Financing Source for this transfer is from the following account:
Fund 213-Public Improvements Fund
213-000-7-899-31 Transfer out to Gateway Project
Total Source of Funding
$170,000.00
$170,000.00
$170,000.00
$170,000.00
Part 2-Funds transfer from the City Council Priority Project Fund (General Fund
unassigned reserves) to the Public Improvements Fund to be used towards the Parks &
Recreation Master Plan Project and addition of funds to current budget due to increase
of project's scope
Fund 213-Public Improvements Fund
213-000-0-1 02-00 Cash
213-000-5-940-04 Parks & Rec Improvements
Total Transfers In
Total project budget increase
The Financing Source for this transfer is from the following account:
Fund 101 -General Fund (CCPPF)
101-000-7-899-05 Transfer out
Total Source of Funding
$100,000.00
$ 30,000.00
$100,000.00
$ 30,000.00
$100,000.00
$100.000.00
All ordinances or parts of Ordinances in conflict herewith are hereby repealed.
First Reading:
Second Reading:
Published:
ATTEST:
September 8, 2020
September 22, 2020
September 25, 2020
CITY OF BROOKINGS
Keith W. Corbett, Mayor