Ordinance 23-017
An Ordinance Authorizing Budget Amendment No. 4 to the 2023 Budget
Be It Ordained by the City of Brookings, South Dakota:
Whereas State Law (SDCL 9-21-7) and the City Charter (4.06 (a)) permit supplemental appropriations provided there are sufficient funds and revenues available to pay the appropriation when it becomes due.
Dept. / Fund | Budgetary Account | Account Name | Increase Amount | Description |
TIF 9 Capital Project | 534-000-5-422-03 | Consulting & Engineering | $ 60,000 | Detention Basin in TIF 9 District |
TIF 9 Capital Project | 534-000-5-433-01 | Project Expenses | $ 450,000 | Detention Basin in TIF 9 District |
TIF 9 Capital Project | 534-000-6-700-00 | Transfer In | $ 510,000 | Detention Basin in TIF 9 District |
General Fund | 101-000-7-899-05 | Transfer Out | $ 510,000 | Detention Basin in TIF 9 District |
Dept. / Fund | Budgetary Account | Account Name | Increase Amount | Description |
General Fund | 101-000-0-210-00 | Restricted Cash | $ 510,000 | Restricted for Economic Development |
Now, Therefore, Be It Resolved by the City Council that the City Manager be authorized to make the following budget adjustments to the 2023 budget:
All ordinances or parts of Ordinances in conflict herewith are hereby repealed.
First Reading: April 25, 2023
Second Reading: May 9, 2023
Published: May 12, 2023
CITY OF BROOKINGS, SD
Oepke G. Niemeyer, Mayor
ATTEST:
Bonnie Foster, City Clerk