ORDINANCE
WHEREAS, The City ofChicago is a home rule unit of government as defined in Article VII, Section 6(a) of the Illinois Constitution, and as such may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, The management of its finances is a matter pertaining to the government and affairs of the City ofChicago; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1: The City Comptroller and the City Treasurer are authorized and directed to make the following transfer of funds for the year 2016. This transfer will leave sufficient unencumbered appropriations to meet all liabilities that have been or may be incurred during the year 2016 payable from such appropriations:
FROM:
Code
Purpose Fund Department Account Amount
Contractual Services 100 15/2255 0100 $ 1,000.00
Contingencies 100 15/2255 0700 1,000.00
TO:
Purpose Fund Department Account Amount
Personnel Services 100 15/2255 0000 $2,000.00
SECTION 2: The sole purpose of this transfer of funds is to provide funds to meet the necessary obligations in the City Council, Committee on Economic, Capital and Technology Development during the year 2016
SECTION 3: This ordinance shall be in full force and effect from and after its passage.
CHICAGO, July 20,2016
To the President and Members of the City Council:
Your Committee on the Budget and Government Operations, having had under consideration an Ordinance authorizing a Transfer of Funds within the City Council Committee on Economic, Capital & Technology Development, and having had the same under advisement, begs leave to report and recommend that Your Honorable Body pass the Ordinance transmitted herewith.
This recommendation was concurred in by a viva voce vote of the members of the Committee.