Baltimore City Council
File #: 19-0396    Version: 0 Name: Supplementary General Fund Operating Appropriation - Department of Transportation - $10,000,000
Type: Ordinance Status: Enacted
File created: 6/11/2019 In control: City Council
On agenda: Final action: 6/26/2019
Enactment #: 19-275
Title: Supplementary General Fund Operating Appropriation - Department of Transportation - $10,000,000 For the purpose of providing a Supplementary General Fund Operating Appropriation in the amount of $10,000,000 to the Department of Transportation - Service 683 (Street Management), to provide funding for additional operating expenses; and providing for a special effective date.
Sponsors: City Council President (Administration)
Indexes: Department of Transportation, General Fund, Operating Appropriation, Supplementary
Attachments: 1. Law 19-0396, 2. 19-0396~1st Reader, 3. Finance 19-0396, 4. DOT 19-0396, 5. 19-0396~3rd Reader, 6. Complete File 19-0396

                     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 - Department of Transportation - $10,000,000

For the purpose of providing a Supplementary General Fund Operating Appropriation in the amount of $10,000,000 to the Department of Transportation - Service 683 (Street Management), to provide funding for additional operating expenses; 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 Recordation Tax Revenue ($8,500,000) and from Transfer Tax Revenue ($1,500,000) 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 2019.

 

                     This additional revenue could not have been reasonably anticipated when the Ordinance of Estimates for Fiscal Year 2019 was formulated.

 

                     This appropriation is made necessary by a material change in circumstances since the Ordinance of Estimates for Fiscal Year 2019 was formulated or is for a new program that could not have been reasonably anticipated when that Ordinance of Estimates was formulated.

 

                     On May 8, 2019, 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 the $10,000,000 shall be made available to the Department of Transportation - Service 683 (Street Management) as a Supplementary General Fund Operating Appropriation for Fiscal Year 2019, to provide funding for additional operating expenses.  The source of revenue for this appropriation is funds from Recordation Tax Revenue ($8,500,000) and from Transfer Tax Revenue ($1,500,000) 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 2019.

 

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