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AN ORDINANCE AUTHORIZING THE CITY OF JONESBORO TO AMEND THE 2017 STREET FUND BUDGET TO ADD $566,000 FOR STREET OVERLAYS
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WHEREAS, the City of Jonesboro passed the 2017 Budget in Ordinance 16:085, which will need to be amended in order to effectuate said increase in the Street Fund Budget for street overlays; and
WHEREAS, the budgeted amount will need to be increased to a total of $1,066,000.
NOW, THEREFORE, BE IT ORDAINED by the City Council for the City of Jonesboro that:
1. The 2017 Street Fund Budget is hereby amended to provide for an increase of $566,000 for the purpose of additional street overlays within Jonesboro.
2. The money for said increase will come from Street Fund reserves and be added to the existing appropriation for line item 02-161-0329-00.
PASSED AND APPROVED this 21st day of March, 2017.