Share to Facebook Share to Twitter Bookmark and Share
File #: ORD. 2018-314    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 12/18/2018 In control: City Council
On agenda: 1/14/2019 Final action: 1/14/2019
Title: To amend Ord. No. 2018-057, adopted May 14, 2018, which adopted the Fiscal Year 2018-2019 General Fund Budget and made appropriations pursuant thereto, by re-appropriating a $250,000.00 portion of the calculated general fund surplus for Fiscal Year 2017-2018 to a new line item in the Non-Departmental agency called the "OPEB Trust" line item for the purpose of funding a contribution to the trust established by ? 1 of Ord. No. 2018-196, adopted Jul. 23, 2018.
Patrons: Mayor Stoney
Attachments: 1. Ord. No. 2018-314

title

To amend Ord. No. 2018-057, adopted May 14, 2018, which adopted the Fiscal Year 2018-2019 General Fund Budget and made appropriations pursuant thereto, by re-appropriating a $250,000.00 portion of the calculated general fund surplus for Fiscal Year 2017-2018 to a new line item in the Non-Departmental agency called the “OPEB Trust” line item for the purpose of funding a contribution to the trust established by § 1 of Ord. No. 2018-196, adopted Jul. 23, 2018.

body

 

 

THE CITY OF RICHMOND HEREBY ORDAINS:

 

§ 1.                     That Ordinance No. 2018-057, adopted May 14, 2018, which adopted the General Fund Budget for the fiscal year commencing July 1, 2018, and ending June 30, 2019, and made appropriations thereto, is hereby amended by re-appropriating a $250,000.00 portion of the calculated general fund surplus, as defined by section 12-251(a) of the Code of the City of Richmond (2015), as amended, for the fiscal year commencing July 1, 2017, and ending June 30, 2018, to a new line item in the Non-Departmental agency called the “OPEB Trust” line item for the purpose of funding a contribution to the trust established by section 1 of Ordinance No. 2018-196, adopted July 23, 2018.

§ 2.                     This ordinance shall be in force and effect upon adoption.