Resolution #14-42: Resolution to Amend the 2014 Operating Budget

Date of Adoption: December 18, 2014

WHEREAS, the Authority budget for the year ending December 31, 2014 was adopted on the 16th day of January 2014; and

WHEREAS, N.J.A.C. 5:31-2.8 provides that all amendments to the budget shall be approved and adopted by resolution of the Authority, passed by not less than a majority of the full memebership,

NOW THEREFORE BE IT RESOLVED, that the following amendments be made to the budget of the Vernon Township Municipal Utilities Authority for its fiscal year ending December 31, 2014.

Retained Earnings Appropriated$______$______
Revenue Anticipated:
Various Sewer Improvements$150,000$55,000
Administrative - Other Expenses$305,800$318,800
Cost of Providing Services - Other Expenses$1,481,209$1,563,209
Total Appropriations$1,937,009$1,937,009

(Note: Each item and total changed should be set forth in this resolution.)

BE IT FURTHER RESOLVED that two certified copies of this complete amendment and resolution be filed forthwith with the Director of the Division of Local Government Services for his certification of the authority budget so amended.