File #: ORD-15:015    Version: 1 Name: Amend 2015 budget for street overlay projects
Type: Ordinance Status: Passed
File created: 3/20/2015 In control: Finance & Administration Council Committee
On agenda: Final action: 4/7/2015
Title: AN ORDINANCE AUTHORIZING THE CITY OF JONESBORO TO AMEND THE 2015 STREET FUND BUDGET TO ADD $500,000 FOR STREET OVERLAYS
Sponsors: Finance
Indexes: Budget amendment
Related files: ORD-14:074
Title
AN ORDINANCE AUTHORIZING THE CITY OF JONESBORO TO AMEND THE 2015 STREET FUND BUDGET TO ADD $500,000 FOR STREET OVERLAYS
Body
WHEREAS, the City of Jonesboro passed the 2015 Budget in Ordinance 14:074, which will need to be amended in order to effectuate said increase in the street fund budget for street overlays, the budgeted amount for the street department will need to be increased a total of $500,000.
 
NOW, THEREFORE, BE IT ORDAINED by the City Council for the City of Jonesboro that:
 
1. The 2015 Street Fund Budget is hereby amended to provide for an increase in the street fund of $500,000 for street overlays.  The money for said increase will come from monies in the Street Fund Reserve.
 
2. This ordinance being necessary for the financial continuity of the City of Jonesboro, Arkansas an emergency is declared to exist and this ordinance shall take effect from and after its passage and approval.
 
PASSED AND ADOPTED this 7th day of April, 2015.