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? . • : Y <br />CITY OF NORTH OIMSTID <br />ORDINANCE NO. 88-22 <br />By: Mayor Petrigac <br />AN ORDINANCE TO N1AKE APPROPRIATIONS FOR CLTRR= EXPENSES AND <br />OTHER EXPENDITCTRES FOR THE CITY OF NORI'fi OIMSTID FOR THE YF,AR <br />ENDING DECEMBER 31, 1988, AS ANENDED. <br />WfEREAS, it has been determined that the Incane Tax receipts of the Gen- <br />eral Fund for the year will be One Hundred Eighty-two Thousand Dollars <br />($182,000.00) less than the original projection, and <br />WHEREAS, it has been determined that the Capital Improvenent Fund unen- <br />cumbered balance for January 1, 1988 is Fifteen Thousand Nine Hundred Seven- <br />ty-two Dollars ($15,972.00), and <br />WfEREAS, the license plate registration fee receipts of the Street Main- <br />tenance and Repair Fund will exceed original projections by One Hundred Six- <br />ty Thousand Dollars ($160,000) due to the additional Five Dollar ($5.00) fee <br />imposed by the City of North Olmsted and the additional 'Itao Dollar and Fifty <br />cent per registration fee passed on to the City by the County of C.iyahoga, <br />and <br />WfEREAS, it has been determined that the Recreation Fund unencunbered <br />balance for January 1, 1988 is Thirty-six Thousand Two Hundred Fifty-eight <br />Dollars and Sixty-one Cents ($36,258.61), and <br />WfEREAS, it has been detennined that the Sewer Revenue Fund unencum- <br />bered balance for January 1, 1988 is Four Hundred Sixty Thousand Nine Hun- <br />dred Eight-three Dollars and Five Cents ($460,983.05), and <br />NOW, THEREFOR, BE IT ORDAINED BY TfE CITY OF NORTfi OINISTED, COtTN'I'Y OF <br />CCTYAHOGA, AND STATE OF OHIO: <br />SECTION l: That the total available funds of the General Fund be re- <br />duced to Eight Million Ztao Hundred Fifty-four 'I'housand Dollars <br />($8,254,000.00). <br />SDCTION 2: That the total available funds of the Capital Improvement <br />Fund be increased to Fifteen Thousand Nine Hundred Seventy-two Dollars <br />($15,972). <br />SECTION 3: That the total available funds of the Street Maintenance <br />and Repair Fund be increased to Six Hundred Sixty 'I'housand Dollars <br />($660,000.00). <br />SECTION 4: That the total available funds of the Recreation Fund be <br />decreased to Nine Hundred Thirty 'I'housand Three Hundred Seventy Dollars <br />($930,370.00). <br />SECTION 5: That the total available funds of the Sewer Revenue Fund <br />be increased to 'Itan Million Seven Hundred Fifty Thousand Nine Hundred <br />Eighty-three Dollars and Five Cents ($2,750,983.05).