Resolution #18-46: 2018 Budget Transfers

Date of Adoption: October 18, 2018

WHEREAS, the Vernon Township Municipal Utilities Authority budget requires certain modifications to cover potential expenses that may occur in excess of the original budget; and

WHEREAS, the executive director of the VTMUA has recommended the following transfers to cover the anticipated expenses in specific appropriated line items;

NOW, THEREFORE BE IT RESOLVED by the commissioners of the Vernon Township Municipal Utilities Authority that the following transfer of appropriations (2018 Vernon Township Municipal Utilities Authority Budget) in accordance with N.J.S.A 40A:5A are hereby approved.

ACCOUNTTRANSFER OUTTRANSFER IN
10540510—LEGAL FEES—GENERAL COUNSEL$3,500.00 
10540302—ADMIN-ENGINEERING FEES—WMP AMEND.$6,500.00 
10540520—LEGAL FEES—BOND COUNSEL $10,000.00
 
10540302—ADMIN-ENGINEERING FEES—WMP AMEND.$18,000.00 
10540303—ADMIN-ENGINEERING FEES—PS2 DESIGN $10,900.00 
10540530—LEGAL FEES—LITIGATION $28,900.00
 
10540303—ADMIN-ENGINEERING FEES—PS2 DESIGN$30,000.00 
10540540—LEGAL FEES—BANKRUPTCY $30,000.00
 
10540303—ADMIN-ENGINEERING FEES—PS2 DESIGN$5,000.00 
10511000—PUMP EXPENSES- MISC. SUPPLIES & EXPENSES $5,000.00
 
10540303—ADMIN-ENGINEERING FEES—PS2 DESIGN$26,100.00 
10550000—MAINTENANCE OF PUMPING SYSTEM $26,100.00
TOTAL TRANSFERS$100,000.00$100,000.00