ORDINANCE 843 SUPPLEMENTAL BUDGET ORDINANCE CITY OF MILBANK GRANT COUNTY, SOUTH DAKOTA

ORDINANCE 843

SUPPLEMENTAL BUDGET

ORDINANCE

CITY OF MILBANK

GRANT COUNTY, SOUTH DAKOTA

BE IT ORDAINED BY THE CITY COUNCIL of the City of Milbank, Grant County, South Dakota, that there shall be a supplemental appropriation for the 2022 budget year, as follows:

Expense:

101-41400-42900, Finance-Miscellaneous, 10,000.00 

101-42200-42500, Fire-Maintenance, 19,000.00 

101-42200-43000, Fire-Capital, 261,000.00

101-45100-42500, Recreation-Maintenance, 506,000.00

101-45100-43000, Recreation-Capital, 191,000.00 

101-45200-42500, Park-Maintenance, 100,000.00 

101-45200-42900, Park-Miscellaneous, 25,000.00 

101-45200-43000, Park-Capital, 1,701,000.00

101-43500-43000, Airport-Capital, 10,000.00

Revenue:

101-33107, Federal Grant-Airport, 9,000.00

101-33199, Federal Grant – other, 6,500.00

101-36999, Other Miscellaneous Revenue, 6,180.00

222-36700, Donations from Private Sources, 450,000.00

Source of Funding: 

General Fund Balance, 2,351,320.00

Expense:

211-46500-42522, Visitor Center Maintenance, 50,000.00 

Source of Funding:

3rd Penny Sales Tax Fund Balance, 50,000.00

Expense:

212-47000-44100, Bond Payment-Principal, 215,000.00 

212-47000-44200, Bond Payment-Interest, 113,500.00

212-48500-44323, Capital-12th Ave Project, 330,000.00

212-48500-44324, Capital-1st Str Project, 250,000.00

Source of Funding:

2nd Penny Sales Tax Fund Balance, 908,500.00 

Expense:

222-48500-42900, Recreation Gift Fund-Misc., 700.00 

Source of Funding:

Recreation Gift Fund Balance, 700.00

Expense: 

602-43300-42511, Water-Maintenance-System, 554,000.00 

Source of Funding:

Water Fund Balance, 554,000.00

Dated this 11th day of April 2022.

Aye: 6  Nay: 0  Absent:  none

Pat Raffety, Mayor

ATTEST

Cynthia Schumacher

Finance Officer

Passed First Reading: 3/14/22

Passed Second Reading: 4/11/22

Adopted and Approved: 4/11/22

Published: 4/20/22

Effective: 5/10/22