title
ORDINANCE AMENDMENT OF THE NEW HAVEN BOARD OF ALDERS TO APPROPRIATING ORDINANCE NO. 1 FOR FY2025-26, PURSUANT TO ARTICLE VIII OF THE CITY CHARTER AND SECTIONS 2-385 TO 2-389 OF THE CODE OF GENERAL ORDINANCES APPROVING TRANSFER NO. 26-999 TO ELIMINATE NEGATIVE LINE-ITEM BALANCES FOR THE FISCAL YEAR ENDING JUNE 30, 2026.
body
WHEREAS, Article VIII of the City Charter and Sections 2-385 through 2-389 of the Code of General Ordinances require the approval of the Board of Alders for transfers of funds within the General Fund budget to eliminate negative line-item balances; and
WHEREAS, at the conclusion of Fiscal Year 2025-26, several departmental line items reflected negative balances requiring budgetary transfer; and
WHEREAS, Transfer Number 26-999 has been prepared to eliminate such negative line-item balances.
NOW THEREFORE BE IT ORDAINED by the New Haven Board of Alders that Transfer Number 26-999 is hereby approved to eliminate negative line-item balances for Fiscal Year 2025-26; and
Section 1. Transfer Number 26-999 shall be applied to cover negative line-item balances within various City and Board of Education accounts. This transfer is an accounting adjustment for year-end compliance and does not reflect the overall financial performance of City departments or agencies; and
Section 2. Excess Revenue shall be applied to fund year-end negative line-item balances as part of Transfer Number 26-999 accounting adjustments to properly align expenditures with available resources; and
Section 3. Fund Balance shall be applied to fund remaining year-end negative line-item balances to close the fiscal year for year-end compliance.
Department
Agency Name
Transfer From
Transfer To
201
Police Department
$3,386,809
407
Contract Reserve
$1,700,000
202
Fire Department
$1,263,374
704
TransportationTraffic/Parking
$923,824
132
Chi...
Click here for full text