BOROUGH OF HILLSDALE

RESOLUTION

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Title: 2007 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 20 155 127 O&E – Engineering Misc. $ 2,500

7 01 25 240 029 O&E – Police Contractual Services 1,800

7 01 23 226 191 O&E – Disability Insurance 2,000

7 01 21 180 125 O&E – Planning Board Legal Misc. 2,500

7 01 25 240 044 O&E – Police Memberships &

Subscriptions 1,200

7 01 26 305 221 O&E – Recycling Contractual Ser vices 2,300

7 01 25 240 018 S&W – Police Crossing Guards 1,000

7 01 28 370 011 S&W – Recreation $ 2,000

7 01 20 130 011 S&W – Financial Administration 5,000

7 01 20 145 011 S&W – Tax Collection 6,300

_______ ________

Total Budget Transfers $13,300 $13,300

Council member	Motion	Second	Yes	No	Absent	Abstain
Arnowitz, Max			X
DeJoseph, Jonathan			X
Giancarlo, Michael		x	X

Schiavone, Donna	x		X
Weinstein, Andrew			X

Adopted: March 4, 2008

____________________________

John Sapanara, Mayor

ATTEST:

______________________

Robert P. Sandt, RMC

Borough Clerk

BOROUGH OF HILLSDALE

Council member

Motion

Second

Yes

No

Absent

Abstain