Baltimore City Council
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File #: 23-0333    Version: 0 Name: Supplementary General Fund Capital Appropriation - Baltimore City Convention Center - $1,543,000
Type: Ordinance Status: Before the Mayor
File created: 1/23/2023 In control: Mayor
On agenda: Final action:
Enactment #:
Title: Supplementary General Fund Capital Appropriation - Baltimore City Convention Center - $1,543,000 For the purpose of providing a Supplementary General Fund Capital Appropriation in the amount of $1,543,000.00 to the Baltimore City Convention Center - PRJ002746 (East Building Elevator Replacement), to provide funding to maintain the Baltimore City Convention Center in good working order; and providing for a special effective date.
Sponsors: City Council President (Administration)
Indexes: Capital Appropriation, Convention Center, General Fund, Supplementary
Attachments: 1. DOF - FINAL PDF-Conv Center-AAO Supplemental - Capital(BOE), 2. xx Final Synopsis 23-330 332 thru 334 and 340 CAPITAL 2 21 23, 3. 23-0333~1st Reader(02), 4. Finance Fiscal 2022 Closeout, 5. Finance Fiscal 2023 Capital Approprations, 6. Planning Commission - #23-0333, 7. XX Final Hearing Notes 0333, 8. 23-0333~3rd Reader

                     * Warning: This is an unofficial, introductory copy of the bill.

                     The official copy considered by the City Council is the first reader copy.

                     Introductory*

 

                     City of Baltimore

                     Council Bill          

                                                                                                                                                           

Introduced by: The Council President

At the request of: The Administration (Department of Finance)

                                                                                                                                                           

 

                     A Bill Entitled

 

An Ordinance concerning

title

Supplementary General Fund Capital Appropriation - Baltimore City Convention Center  - $1,543,000

For the purpose of providing a Supplementary General Fund Capital Appropriation in the amount of $1,543,000.00 to the Baltimore City Convention Center - PRJ002746 (East Building Elevator Replacement), to provide funding to maintain the Baltimore City Convention Center in good working order; and providing for a special effective date.

body

 

By authority of

Article VI - Board of Estimates

Section 8(b)(3) and (c)

Baltimore City Charter

(1996 Edition)

 

                     Recitals

 

The revenue appropriated by this Ordinance represents income tax funds in excess of the revenue relied on by the Board of Estimates in determining the tax levy required to balance the budget for Fiscal Year 2023.

 

This additional revenue could not have been reasonably anticipated when the Ordinance of Estimates for Fiscal Year 2023 was formulated.

 

This appropriation is made necessary by a material change in circumstances since the Ordinance of Estimates for Fiscal Year 2023 was formulated or is for a new program that could not have been reasonably anticipated when that Ordinance of Estimates was formulated.

 

On December 21, 2022, the Board of Estimates recommended this appropriation to the City Council.

 

Section 1.  Be it ordained by the Mayor and City Council of Baltimore, That $1,543,000.00 shall be made available to the Baltimore City Convention Center - PRJ002746 (East Building Elevator Replacement) as a Supplementary General Fund Capital Appropriation for Fiscal Year 2023, to provide funding to maintain the Baltimore City Convention Center in good working order.  The source of revenue for this appropriation are income tax funds in excess of the amount from this source that was relied on by the Board of Estimates in determining the tax levy required to balance the budget for Fiscal Year 2023.

 

Section 2.  And be it further ordained, That this Ordinance takes effect on the date it is enacted.