Record #: O2021-5873   
Type: Ordinance Status: Passed
Intro date: 12/15/2021 Current Controlling Legislative Body: Committee on Budget and Government Operations
Final action: 1/26/2022
Title: Annual Appropriation Ordinance Year 2021 amendment regarding Chicago Transit Authority Real Property Transfer Tax Fund increase
Sponsors: Lightfoot, Lori E.
Topic: BUDGET & APPROPRIATIONS - Annual Appropriation Ordinance - Year 2021
Attachments: 1. O2021-5873.pdf

 

 

OFFICE  OF THE MAYOR

CITY OF CHICAGO

LORI F LIGHTFOOT

MAYOR

 

December 15, 2021

 

 

 

 

 

 

 

 

 

 

TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO

 

 

Ladies and Gentlemen:

 

Al the request ofthe Budget Director, I transmit herewith an ordinance amending the 2021 budget ordinance.

 

Your favorable consideration of this ordinance will be appreciated.

 

 

Very truly yours.

 

O RD1N A N C E

 

BE IT ORDAINED BY THE CITY COUNCIL OI THE CITY OF CHICAGO:

 

SECTION 1. The Annual Appropriation Ordinance for fiscal year 2021 is hereby amended by striking the words and figures indicated and by inserting the words and figures indicated on Exhibit A attached hereto.

 

SECTION 2. This ordinance shall be in force and effect upon passage and approval, and it shall be retroactive to December 1, 2021.

 

AMENDMENT TO 2021 BUDGET ORDINANCE

Exhibit A

 

0B09 - CTA Real Property Transfer Tax Fund

 

                     STRIKE                                           ADD                     

PAGE CODE     DEPARTMENT AND ITEM                     NUMBER       AMOUNT                     NUMBER AMOUNT

 

$ 49,889,000

$ 76,000,000

29                     Real Property Transfer

 

Exhibit A

AMENDMENT TO 2021 ANNUAL APPROPRIATION ORDINANCE CTA Real Property Transfer Tax Fund-0B09

STRIKE

Code   Department and Item                     Number                     Amount Number

99-Finance General

 

49,389,000

.9205 For Distribution of the Net Proceeds of the Real Property Transfer Tax - CTA Portion