Resolution #16-53: Resolution to Amend the 2016 Operating Budget

Date of Adoption: December 22, 2016

WHEREAS, the authority budget for the year ending December 31, 2016 was adopted on the 21th day of January 2016; 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 membership,

NOW THEREFORE BE IT RESOLVED, by the commissioners of the Vernon Township Municipal Utilities Authority that the following amendments be made to the budget of the Vernon Township Municipal Utilities Authority for its fiscal year ending December 31, 2016

Retained Earnings Appropriated$$
Revenue Anticipated:
Administration - Salary & Wages$75,000$76,500
Administration - Fringe Benefits$10,000$8,500
Administration - Professional & Legal Fees$153,100$158,100
Administration - Insurance$14,750$15,750
Administration - Engineering$40,000$34,000
Total Appropriations$292,850$292,850

(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.