St. Louis City Ordinance 69181
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BOARD BILL NO.  94
INTRODUCED BY ALDERMAN LEWIS REED, LYDA KREWSON
An ordinance, recommended by the Board of Estimate and Apportionment, authorizing a supplemental appropriation; amending Ordinance 68882, commonly referred to as the City of St. Louis Annual Operating Plan for Fiscal Year 2011 2012; appropriating and setting apart projected excess general fund revenues to address certain expenditures in the General Fund for the current fiscal year, in the amount of Three Million, Five Hundred Fifty Thousand Dollars ($3,550,000) as hereinafter detailed; and containing an emergency clause.
WHEREAS, the City Budget Division has estimated general fund revenue accruing in excess of $3,550,000 over originally budgeted amounts in the current fiscal year, and;
WHEREAS, personal services costs and certain other costs in the current fiscal year are projected to exceed original budget amounts and additional funding is required to ensure these obligations are met within general fund appropriation limits;
WHEREAS, the Charter of The City of St. Louis, Article XVI, Section 6, authorizes supplemental appropriations when any accruing, unappropriated City revenue is available and whenever an appropriation exceeds the amount required for the purpose for which it has been made and when the Board of Estimate and Apportionment recommends same;
BE IT ORDAINED BY THE CITY OF ST. LOUIS AS FOLLOWS:
Pursuant to the recommendation of the Board of Estimate and Apportionment, there is hereby appropriated a supplemental appropriation, amending Ordinance 68882 in the amount of Three Million, Five Hundred Fifty Thousand Dollars ($3,550,000) from excess municipal revenues accruing to the general fund during the fiscal year ending June 30, 2012, for current expenses of City government consisting of Two Million Three Hundred and Fifty Thousand Dollars ($2,350,000) in personal services expenditures across City departments, Six Hundred Fifty Thousand Dollars ($650,000) in supply and contractual service expenditures of the Division of Corrections and Five Hundred Fifty Thousand Dollars ($550,000) for Tax Revenue Anticipation Note interest expenses as detailed in Exhibit A.
Emergency Clause. This being an ordinance providing for the preservation of public health and safety and providing for current expenses of the City government, it is hereby declared to be an emergency measure within the meaning of Sections 19 and 20 of Article IV of the Charter of the City of St. Louis and therefore this ordinance shall become effective immediately upon its passage and approval by the Mayor.
|1ST READING||REF TO COMM||COMMITTEE||COMM SUB||COMM AMEND|
|2ND READING||FLOOR AMEND||FLOOR SUB||PERFECTN||PASSAGE|
|ORDINANCE||VETOED||VETO OVR||SIGNED BY MAYOR|
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