City Council

Memo from City Clerk To: City Council Members, Dept. Heads and Media From: Gale A. Neulieb Date: May 8, 2014 Subject: Finance Committee Meeting A Finance Committee Meeting of the Michigan City Common Council has been called by Finance Committee Chair Duane Parry for Monday, May 12, 2014 at 5:30 P.M., in the West Conference Room 100 E. Michigan Boulevard. The purpose of the meeting is to review the following: ●APPROVING AND AUTHORIZING THE TRANSFER OF FUNDS PURSUANT TO HOME RULE ●APPROVING AND AUTHORIZING THE ESTABLISHMENT OF A RAINY DAY FUND PURSUANT TO INDIANA CODE 36-1-8-5.1 AND CREATING SEC. 2-402 IN THE MICHIGAN CITY MUNICIPAL CODE ●APPROVING REDUCTION OF APPROPRIATION AND ADDITIONAL APPROPRIATIONS IN THE CITY’S 2014 ANNUAL BUDGET (INCREASE General Fund #0101 Unappropriated balance $511,461 DECREASE MAJORBUDGET CLASSIFICATION: Personal Services $294,373 Supplies $58,843 Other Services & Charges $158,245.INCREASE Motor Vehicle Highway Fund #0708 Unappropriated balance $142,061 DECREASE MAJOR BUDGET CLASSIFICATION: Personal Services $131,581Supplies $2,500 Other Services & Charges $7,980 INCREASE Barker Civic Center Fund #1001Unappropriated balance $2,700 DECREASE MAJOR BUDGET CLASSIFICATION: Supplies $175 Other Services & Charges $2,525 INCREASE Park Fund #1301 Unappropriated balance $129,624 DECREASE MAJOR BUDGET CLASSIFICATION: Personal Services $90,831Supplies $7,400 Other Services & Charges $31,393 INCREASE Aviation Operating Fund #2102 Unappropriated balance $3,046 DECREASE MAJOR BUDGET CLASSIFICATION: Supplies $1,745 Other Services & Charges $1,301 INCREASE Cemetery Operating Fund #2120 Unappropriated balance $8,941 DECREASE MAJOR BUDGET CLASSIFICATION: Supplies $1,900 Other Services & Charges $7,041 INCREASE Park Concession Fund #1315 Unappropriated balance $19,225 DECREASE MAJOR BUDGET CLASSIFICATION: Other Services & Charges $19,225 INCREASE Golf Fund #1314 Unappropriated balance $71,227 DECREASE MAJOR BUDGET CLASSIFICATION: 01 Personal Services $43,469 03 Other Services & Charges $27,458 INCREASE Riverboat Fund #9000 Unappropriated balance $1,700,000 DECREASE MAJOR BUDGET CLASSIFICATION: 04 Capital Outlay $1,700,000) BE IT FURTHER ORDAINED by the Common Council of the City of Michigan City, LaPorte County, Indiana, that for the expenses of the City the following additional sums of money are hereby appropriated out of the Fund named and for the purpose specified, subject to the laws governing the same: DECREASE General Fund #0101Unappropriated balance $7,946,337 INCREASE MAJOR BUDGET CLASSIFICATION: Personal Services $7,546,328 Supplies $79,300 Other Services & Charges $320,709 DECREASE Barker Civic Center Fund #1001 Unappropriated balance $76,198 INCREASE MAJOR BUDGET CLASSIFICATION: 1001 000 Barker Civic Center 01 Personal Services $76,198 DECREASE Park Fund #1301 Unappropriated balance $1,023,669 INCREASE MAJOR BUDGET CLASSIFICATION: Personal Services $740,626 Supplies $116,250 Other Services & Charges $166,793)