FEBRUARY 21, 2012
RESOLUTION 40-2012
APPROVING 2011 APPROPRIATION RESERVE TRANSFERS
WHEREAS,
various vouchers for the year 2011 have been presented for payment that were
not covered by order number and/or recorded at the time of transfers between the
2011 Budget Appropriations in the last two months of 2011; and
WHEREAS,
N.J.S. 40A:4-59 provides for transfers of appropriation reserves during the
first three months of the succeeding year for any of the purposes specified in
the budget an amount in excess of the respective sums appropriated therefore
and there shall be an excess in any appropriation reserve over and above the amount
deemed to be necessary to fulfill the purpose of such appropriation; and
WHEREAS,
the following appropriation reserve transfers are recommended by the Township
Manager and Chief Financial Officer:
APPROPRIATION
RESERVES – 2011 FROM TO
GENERAL FUND:
1-01-20-165-165-241 Engineering
O/E $ 1,000.00
1-01-26-310-310-223 Bldgs & Grounds O/E $16,000.00
1-01-28-375-375-263 Parks O/E $ 7,065.00
1-01-31-430-440-264 Telephone
O/E
$ 1,568.50
1-01-31-430-430-266 Electric
O/E $ 1,568.50
1-01-32-465-465-262 Landfill
O/E
$37,065.00
1-01-36-472-472-211 Social
Security $15,000.00
APPROPRIATION
RESERVES – 2011 FROM TO
UTILITY OPERATING FUND
1-09-55-502-503-291 Water Treatment
O/E $21,055.72
1-09-55-502-503-295 Water Treatement O/E
$21,000.00
1-09-55-502-504-252 Water
Distribution O/E
$42,055.72
NOW, THEREFORE,
BE IT RESOLVED, by the Township Council of the Township of Medford that transfers
between the appropriation reserves in the amount of $39,633.50 be approved for the 2011 Municipal
Budget Appropriation Reserves in the General Fund and $42,055.72 in the Utility
Fund.
I hereby certify that the foregoing is a true copy of a
Resolution adopted by the Township Council of the
__________________________________
Katherine
E. Burger,
Township Clerk/CFO