Loading...
09/10/2013 Resolutions 2013-306 Resolution 12013-306 failed to pass on a vote of 4-6 by the City Council at their September 10, 2013 meeting. RESOLUTION 2013-306 WHEREAS, pursuant to Neb. Rev. Stat. §13-519, the City of Grand Island is limited to increasing its total of budgeted restricted revenues to no more than the prior year's total of budgeted restricted funds plus two and one-half percent (2 1/2%) expressed in dollars; and WHEREAS, §13-519 authorizes the City of Grand Island to exceed the foregoing budget limit by an additional one percent (1%) increase in budgeted restricted revenues upon the affirmative vote of at least 75% of the governing body; and WHEREAS, the Annual Budget document for Fiscal Year 2013-2014 and Program for Municipal Services in the Lid Computation for FY2013-2014 supported by the detail relating to restricted revenue accounts, proposes an additional increase in the prior year's budgeted restricted funds of an additional one percent (1%) as provided by the statue; and WHEREAS, approval of the additional one percent (1%) increase in budgeted restricted revenues provides maximum funding sources, does not increase authorized expenditures and is in the best interests of the City of Grand Island and its citizens. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that by affirmative vote by more than 75% of the City Council, budgeted restricted revenue funds for Fiscal Year 2013- 2014 shall be increased by an additional one percent (1%) as provided by Neb. Rev. Stat. §13-519. Adopted by the City Council of the City of Grand Island, Nebraska on September 10, 2013. Jay Vavricek, Mayor Attest: RaNae Edwards, City Clerk Approved as to Form Q At, 14 September 9,2013 ❑ City tr ney