HomeMy WebLinkAbout1981-09-14 81-269 ORDINANCE81-269
Introduced by Couccilor weymerth, Beptesmer 14, 1981
a - CITY OF BANGOR
(TIRE.) Mrbi% Wgt Amending Chapter 11, asci 1 z Section„z oftb.e. ...........
of the City of Bangor -- City Finances
Bea ardhe d by the City Caauit of Om a ofBanpor, oafWheva:
MAT the provisions of Chapter Il, Article 2, Section 2 of the Ordinances
of the City of Bangor bye amended to Subsection 2.1, as follows:
2.1 'Charter Responsibilities. "Me Finance Director Shall
perform such dupies and
suchassume responsibilities a re.,impcsed, on the
FinanceDirectorby virtue of theprovlsfona of the
CityCharter of th City bf r Bangor. In the performance
of such dutfea, the nce FinaDirectoshall be guided by
the fallowing definitions for General Fund Cash Surplus
and General Fund Cash Deficit:
(a) General Fond Cash Surplus'- the positive difference
between cash available a[ a and and the liabilities
end Allocated iwd balencea (resexvea) as indicated on
the General Fund balance:eheet.
(b) General Fund Cash Deficit - the negative difference
between Caah available at v -end and the liabilities
indicated on the GeneralQBPund balance sheet.
81469
a City Pounnil 8ept.14.1981 ORDINANCE
Consider next meeting
( TITIE,)'d4 o; rh'P .. TT n.eP S' •81 SEP 10 P3 26
oY tNe prdimnces of the City of Berger
f�C erg k
Bity Finances CITYTY Of QE Bost-
CITY CLERK
IN CITY COONCIL
seember 30, 1981 Irttrudszd oM{{� Cy
Passed by the following yes and
no votes. Councilors votingYes
MoXernalaacost r, Soucy, Gaye,P.zZman
Wool aen, Porter, Soucy, Weymmth, IIWT
wom na Z6ndzian. � /
i ee t K�
uUY C=