Budget Amendment

This document, Resolution 225 of 2021, details an amendment to the City of Ventnor's 2021 municipal budget, originally approved on April 8, 2021. Adopted on June 24, 2021, the resolution outlines changes to both anticipated revenues and appropriations across the Current Fund and the Water & Sewer Utility Fund. Significant adjustments include the incorporation of funds from the American Rescue Plan Act of 2021 to address loss of revenue, alongside modifications to various programs such as the Clean Communities Program and Emergency Management Grant. The Current Fund sees amendments in surplus anticipated, miscellaneous revenues, and appropriations for both within and excluded from "CAPS" categories. For instance, $517,340 from the American Rescue Plan Act is added to anticipated general revenues. The Water & Sewer Utility Fund also reflects increases in anticipated revenues, including an additional $317,340 from the American Rescue Plan Act, with corresponding adjustments to appropriations, particularly for debt service. This resolution formally records these budgetary adjustments as adopted by the City Commissioners and certified by the City Clerk, making it a record of a completed governmental action rather than an active procurement opportunity.