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HomeMy WebLinkAbout1989-03-15 89-115 ORDINANCECouncil Action
Data 3/15/89 Item No. 89-115
j
Item/subject: Amending cnepcea' xx Ordinances '
Raspon ible Department: Finance
Commentary:
Amending Chapter II of the ocdimncea allw for the
exclusion of budgeted items from the computation of cash surplus/
deficit.
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Assaiated Informa4om.4 _
Budget Approval
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Legal Approval
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Introduced For
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ED F1,31 Reading Paget' of
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Council Action
Date 9/15/89 Item N0. 89-115
NJ
Item/Subject; Amending Chapter II Ordinances
Responsible Department: Finance
Commentary:
Amending Chapter II of the Ordinances
computati will allow for the
exclusion Of budgeted Trema from rM1e computation of cash surplus/
deficit.
Deyurun H a6
himager s Comments I _ A a)
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Ao9
Ciey MemBv
Associate Information:,)
Budget Approval
£i e
Legal Approval:
City Sowifoi _
Introduced For
ED Passage
First Reading Page I of
�] Referral ,G. �,vws.+l Cirri
AMENDED
89-115
w CITY OF BANGOR
(TITLE.) MrbiUMftPy nmending_ChapteZ 11, Article 2,Section 2.1
of the Ordinances of the City of Bangor - Finance Department
........... .............. ... 11 ...._. ......1..1.... _.. __.....
IN 4 srdninad by W City Co l of Ow City sfBamw. asfAk a:
— THAT Chapter 11, Article 2, section 2.1 of the Laws and
Ordinances of the City of Bangor be amended by deleting paragraph
2 in its entirety and replacing it with the following:
Combine the cash balances of the General Fund and
Enterprise Funds; deduct the current liabilities
of each of the above referenced funds, but excluding
any amounts due between funds or those amounts fully
budgeted in the succeeding year's appropriation. In
addition, deduct the reserves of the General Fund
designated for a specific purpose, excluding non-cash
related amounts. Exclude any cash surplus resulting
from the Enterprise Funds. A positive result will be
ash surplus and a negative result will be a cash
deficit.
89115
Assigned to Councilor Shubert, Mdmh 15, 1989
CITY OF BANGOR
(TITLU (Orilinunre, Amending Chapter II, Article z section.. 2.1 of the
OrdInances of the City of Bangor_-- Finance, Department
Be u ordaiard by W Ctty Coansf6 of@ City of Beazer. as /shone.'
That Chapter II, Article 2, Section 2.1 Of the Laws, and ordinances Of the City
—Of Hanger be amended by deleting paragraph 2 in its entirety and replacing it
with the following:
Combine the cash balances of the General Fund and enterprise
Pundep deduct the current liabilities of each of the above
referenced funds, but excluding any amounts due between funds
r those amounts fully budgeted In the succeeding year's
appropriation. In addition, deduct the r of the
General fund designated for a specific purpose,Bexcluding
non-cash related e A positive result will be a cash
surplus and a negative result will be a cash deficit.
IN CITY COUNCIL
March 15, 1989
Referred to Finance
/Committee - yyJJ
(1w
CITY CLEAR
In City CoancilJwe 26,1989
Passed as amended by substitution
Amended Copy Attached
Vote, for tannage
8 yes 1 Absent
voting yes Blanchette,England,
sawyer,sesent Snulmert ne Snl llvan
Tilley Absent Shubert
89-115
ORDINANCE
TITLE Amending Chapter II, Article 2
Section 2.1 of the Ordinances of the City of
Bangor - Finance Oe"part�mentt
mtnxtt uz Say
�ff/tio hey
hUY LY
Councilmen