Baltimore City Council
File #: 24-0607    Version: 0 Name: Supplementary General Fund Operating Appropriation - City Council - $5,250,000
Type: Ordinance Status: Before the Mayor
File created: 10/21/2024 In control: Mayor
On agenda: Final action:
Enactment #:
Title: Supplementary General Fund Operating Appropriation - City Council - $5,250,000 For the purpose of providing a Supplementary General Fund Operating Appropriation in the amount of $5,250,000 to the City Council - Service 100 (City Council), to provide funding for priority projects; and providing for a special effective date.
Sponsors: City Council President (Administration)
Indexes: City Council, General Fund, Operating Appropriation, Supplementary
Attachments: 1. Supplemental Appropriation Fiscal 2025_BOE Approval_SB24-13791_10022024 - Copy (5), 2. Finance-FY25 Fund Balance Supplementals - Copy (5), 3. 24-0607~1st Reader, 4. Law - 24-0607, 5. 24-0607~3rd 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 Operating Appropriation - City Council - $5,250,000

For the purpose of providing a Supplementary General Fund Operating Appropriation in the amount of $5,250,000 to the City Council - Service 100 (City Council), to provide funding for priority projects; and providing for a special effective date.

body

 

By authority of

Article VI - Board of Estimates

Section 8(b)(2)(iii) and (c)

Baltimore City Charter

(1996 Edition)

 

                     Recitals

 

The revenue appropriated by this Ordinance represents $5,250,000 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 2025.

 

This additional revenue could not have been reasonably anticipated when the Ordinance of Estimates for Fiscal Year 2025 was formulated.

 

This appropriation is made necessary by a material change in circumstances since the Ordinance of Estimates for Fiscal Year 2025 was formulated or is for a new program that could not have been reasonably anticipated when that Ordinance of Estimates was formulated.

 

On October 2, 2024, 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 $5,250,000 shall be made available to the City Council - Service 100 (City Council) as a Supplementary General Fund Operating Appropriation for Fiscal Year 2025, to provide funding for priority projects.  The source of revenue for this appropriation is funds from General Fund Assigned Fund Balance 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 2025.

 

 

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