BOROUGH OF HILLSDALE

RESOLUTION

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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 29 390 029 Public Library O&E 2,500

7 01 26 305 029 Disposal Contract 2,500

7 01 25 240 018 Police S&W 3,500

7 01 25 240 042 Police O&E 1,500

7 01 23 226 193 Medical Insurance 2,000

7 01 23 226 195 Dental Insurance 2.000

7 01 22 195 029 Code Contractual 2,000

7 01 20 110 115 Mayor & Council O&E 1,500

7 01 20 100 236 Public Information 500

7 01 21 180 125 Planning Board O&E 6,000

7 01 20 135 128 Audit Services 4,000

7 01 31 460 010 Gas & Diesel 8,000

_______ _______

Total budget Transfers $ 18,000 $ 18,000

Stonybrook Swim Club

7 05 55 502 505 Stonybrook S&W 1,500

7 05 55 502 550 Stonybrook O&E 1,500

________ ________

Total Transfers 1,500 1,500

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

Adopted: February 6, 2008

_________________________

John Sapanara, Mayor

ATTEST:

______________________

Robert P. Sandt, RMC

Borough Clerk

BOROUGH OF HILLSDALE

Council member

Motion

Second

Yes

No

Absent

Abstain