City of Baltimore - File #: 06-0390

• File #: 06-0390
• Version: 0
• Name: Supplementary General Fund Operating Appropriation - MR-Board of Estimates - Employees' Retirement Contribution - $5,000,000
• Type: Ordinance
• Status: Enacted
• File created: 4/24/2006
• In control: City Council
• Final action: 6/14/2006
• Enactment #: 06-0261
• Title: Supplementary General Fund Operating Appropriation - MR-Board of Estimates - Employees' Retirement Contribution - $5,000,000 FOR the purpose of providing a Supplementary General Fund Operating Appropriation in the amount of $5,000,000 to the MR-Board of Estimates - Program 355 (Employees' Retirement Contribution), to provide funds to begin paying the GASB 45 - Other Post Employment Benefit cost; and providing for a special effective date.
• Sponsors: City Council President (Administration)
• Indexes: Supplementary

Date	Ver.	Action By	Action	Result
6/14/2006	0	Mayor	Signed by Mayor
6/12/2006	0	City Council	Approved and Sent to the Mayor
6/5/2006	0	Budget and Appropriations Committee	Recommended Favorably
6/5/2006	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
5/8/2006	0	Budget and Appropriations Committee	Scheduled for a Public Hearing
4/27/2006	0	The City Council	Referred for a Report
4/27/2006	0	The City Council	Referred for a Report
4/24/2006	0	City Council	Introduced
4/24/2006	0	City Council	Assigned

* 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 - MR-Board of Estimates - Employees' Retirement Contribution - $5,000,000

FOR the purpose of providing a Supplementary General Fund Operating Appropriation in the amount of $5,000,000 to the MR-Board of Estimates - Program 355 (Employees' Retirement Contribution), to provide funds to begin paying the GASB 45 - Other Post Employment Benefit cost; 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 funds from the Income Tax 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.

This additional revenue could not have been reasonably anticipated when the Ordinance of Estimates for Fiscal Year 2006 was formulated.

This appropriation is made necessary by a material change in circumstances since the Ordinance of Estimates for Fiscal Year 2006 was formulated or is for a new program that could not have been reasonably anticipated when that Ordinance of Estimates was formulated.

On April 12, 2006, 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 $5,000,000 shall be made availab...