THE CITY OF EVANSVILLE AUTHORIZING TRANSFERS OF APPROPRIATIONS OF FUNDS

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AN ORDINANCE OF THE EVANSVILLE COMMON COUNCIL OF THE CITY OF EVANSVILLE AUTHORIZING TRANSFERS OF APPROPRIATIONS, ADDITIONAL APPROPRIATIONS AND REPEAL AND RE-APPROPRIATION OF FUNDS FOR VARIOUS CITY FUNDS

 

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FOOTNOTE: BECAUSE TROPICANA-EVANSVILLE WAS FORCED TO ABRUPTLY CLOSE BECAUSE OF THE CORONAVIRUS-19.

THE CITY OF EVANSVILLE ARE PROJECTING THAT THEY WILL LOSE AROUND $2.8  MILLION  DOLLARS OVER THE NEXT TWO AND HALF MONTHS BECAUSE TROPICANA-EVANSVILLE WAS FORCED TO CLOSE FOR AN UNDETERMINED TIME.

WE URGE MEMBERS OF CITY COUNCIL TO ASK FOR A DETAIL BREAKDOWN OF ACCOUNT NUMBERS EARMARKED FOR RE-APPROPRIATIONS. PLEASE REFER TO PAGES 4 AND 5 TO SEE THE ACCOUNTS BALANCES RECOMMENDED FOR REDUCTIONS.

WE SUSPECT THAT SOME OF THE FINANCIAL ADJUSTMENTS REQUESTED BY THE MAYOR OFFSET SOME OF THE DEFICIT SPENDING DECISIONS MADE BY THE MAYOR THIS BUDGET YEAR.   Â