* 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 Federal Fund Capital Appropriation - Department of Transportation - $4,615,000
FOR the purpose of providing a Supplementary Federal Fund Capital Appropriation in the amount of $4,615,000 to the Department of Transportation (Account #9950-527-147), to provide a grant for the Charles Street streetscape project; and providing for a special effective date.
Body
BY authority of
Article VI - Board of Estimates
Section 8(b)(2) and (c)
Baltimore City Charter
(1996 Edition)
Recitals
The revenue appropriated by this Ordinance represents a federal grant 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 2006.
That grant could not have been expected with reasonable certainty when the Ordinance of Estimates for Fiscal Year 2006 was formulated.
On June 29, 2005, 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 $4,615,000 shall be made available to the Department of Transportation (Account #9950-527-147) as a Supplementary Federal Fund Capital Appropriation for Fiscal Year 2006, to provide a grant to the Charles Street streetscape project. The source of revenue for this appropriation is a federal grant 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 2006.
SECTION 2. AND BE IT FURTHER ORDAINED, That this Ordinance takes effect on the date it is enacted.
dlr05-0385~intro/06Jul05
suppapp2/DOT/nbr