Resolution #18-04: Resolution for Late Introduction of Budget

Date of Adoption: January 18, 2018

WHEREAS, the local authorities law requires every authority to transmit two certified copies of the budget to the director of Local Government Services at least 60 days prior to the end of the current fiscal year; and

WHEREAS, the Vernon Township Municipal Utilities Authority budget for the fiscal year ended December 31, 2018 was due on November 1, 2017;

NOW, THEREFORE BE IT RESOLVED, by the commissioners of the Vernon Township Municipal Utilities Authority that the reason for the late introduction of the authority budget for the fiscal year ended December 31, 2018 is that the authority’s estimated revenues and appropriations were not known at the time the budget was to be legally introduced.