HomeMy WebLinkAbout2019-01-28 19-086 Resolve
01/28/201919-086
01/28/2019
19-086
School Department
Resolve
N/A
Title, Resolve
Appropriating up to $600,000 from the School Reserve Fund within the General Fund for Generator
Installations at Five Schools
This resolve will appropriate up to $600,000 from the General Fund School Reserve account, which is
held within the City's General Fund. The accumulated funds are a result of additional General
Purpose Aid funding received after the school budget process was complete.
The funds will be used to fund the installation of five (5) large capacity generators at the remaining
schools without generators. The School Committee is scheduled to vote on this item later this
evening.
Finance Committee
01/23/2019
Recommend for passage
50
First Reading
01/28/201919-086
CITY OF BANGOR RESOLVE
01/28/2019
19-086
Supica
Appropriating up to $600,000 from the School Reserve Fund within the General Fund for Generator
Installations at Five Schools
WHEREAS, the School budget has been approved by the voters prior to the enactment of the State Budget;
and
WHEREAS, the Bangor School Department has received General Purpose Aid funding in excess of the
estimates approved by the voters; and
WHEREAS, the School Committee and City Council have taken action to direct any additional State funding
received be directed to a school reserve to reduce future tax rate impact for School capital projects;
NOW THEREFORE Be it Resolved by the City Council of the City of Bangor that, $600,000 is hereby
appropriated from the School Reserve account to fund installation of generators at five schools.
IN CITY COUNCIL
JANUARY 28, 2019
CR 19-086
FIRST READING
CITY CLERK
IN CITY COUNCIL
FEBRUARY 11, 2019
CR 19-086
MOTION MADE AND SECONDED FOR PASSAGE
PASSED
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CITY CLERK