BOROUGH OF HILLSDALE

RESOLUTION

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Title: 2008 Budget Transfers

WHEREAS, there are certain appropriation reserves with balances in excess of the amounts needed and there are other appropriations on which commitments to be entered into will possibly exceed the amount of the original appropriations; and

WHEREAS, under the Title 40A:4-59 of the State of New Jersey, permission is given to transfer from one reserve account to another during the first three months of any fiscal year;

NOW, THEREFORE, BE IT RESOLVED, by the Borough Council of the Borough of Hillsdale that the Chief Financial Officer be and he is hereby authorized and directed to transfer:

From To

7 01 20 145 042 Tax Collection –

Education & Training 1,000

7 01 22 195 045 Code Office – Travel 500

7 01 20 135 128 Auditor Services 1,500

_______ _____

Total budget Transfers $ 1,500 $ 1,500

Council member	Motion	Second	Yes	No	Absent	Abstain
Arnowitz, Max			x
DeJoseph, Jonathan			x
Giancarlo, Michael			x
Kirk, William					x
Schiavone, Donna		x	x
Weinstein, Andrew	x		x

Adopted: February 12, 2008

____________________________

John Sapanara, Mayor

ATTEST:

______________________

Robert P. Sandt, RMC

Borough Clerk

BOROUGH OF HILLSDALE

Council member

Motion

Second

Yes

No

Absent

Abstain