Town of Wolcott, Indiana
A RESOLUTION TO TRANSFER FUNDS OF THE TOWN OF WOLCOTT, WHITE COUNTY, INDIANA, FOR THE YEAR 2017 TO BALANCE FUNDS FOR COUNCIL ACTION PURSUANT TO IC 6-1.1-18-1
WHEREAS, certain extraordinary conditions have developed since the adoption of the existing annual budget for the year 2017, and it is now necessary to transfer appropriations into different categories than was appropriated in the annual budget and for the various functions of the several departments to meet those expenses;
SECTION 1, Be it resolved by the Town Council of the Town of Wolcott, Indiana, that for the expenses of the town government the following appropriations are hereby transferred and set apart out of the funds hereinafter named and for the purposes specified subject to the laws governing the same, such sums are herein transferred unless otherwise stipulated by law.
SECTION 2. Where it has been shown that certain existing appropriations have unobligated balances which will be available to transfer as follows:
FROM TO AMOUNT
LOIT SPECIAL DISTRIBUTION LOCAL ROAD & BRIDGE $24,937.50
#257001520.001(LOCAL MATCH) MATCHING GRANT FUND
MVH - #201001520.000 LOCAL ROAD & BRIDGE $28,987.50
STREET REPAIRS PRIOR TO MATCHING GRANT FUND
COMMUNITY CROSSINGS GRANT AWARD #258001920.000
TOTAL TRANSFERS $53,925.00
SECTION 3. This resolution shall be in full force and effect from and after its passage and approval, to balance said account to a positive balance for year end.
PASSED, by the Wolcott Town Council, Town of Wolcott, County of White,
State of Indiana on the _____ day of December, 2017.
Michael A. Yelton, Council President Michael A. Yelton, Council President
Fred A. Young, Council Vice President Fred A. Young, Council Vice President
Christina M. Orns, Council Member Christina M. Orns, Council Member
Michael J. Johnson, Council Member Michael J. Johnson, Council Member
Stephen Schemerhorn, Council Member Stephen Schemerhorn, Council Member
Tammy L. Seward