SUBSTITUTE RESOLUTION NO. RS2007-2008

A resolution appropriating to certain accounts for the benefit of the Office of the Trustee, Transportation Licensing Commission and W. O. Smith Music School in the amount of One Million One Hundred Eighty-Seven Thousand Dollars ($1,187,000) from designated and undesignated fund balances of the General Fund of the General Services District, increased revenue sources, and from other sources.

WHEREAS, the Metropolitan Council desires to appropriate to certain accounts for the benefit of the Office of Trustee, Transportation Licensing Commission, and W.O. Smith Music School in the amount of One Million One Hundred Eighty-Seven Thousand Dollars ($1,187,000) from designated and undesignated fund balances of the General Fund of the General Services District and the Hotel/Motel Fund, increased revenue sources, and from other sources.

Now, therefore, be it resolved by the Council of the Metropolitan Government of Nashville and Davidson County:

Section 1: That the following amounts from the Undesignated Fund Balance of the General Fund of the General Services District and the Undesignated Fund Balance of the General Fund of the General Services District for Hotel/Motel Tax Receipts are hereby appropriated:

 EXPENDITURE
 ACCOUNT #
 ACCOUNT DESCRIPTION  AMOUNT
 17101000.505175
 45102300.502316
 15434007.505320

 Office of Trustee – Merchants Fees
 Transportation Licensing Commission – Fingerprinting
 W.O. Smith Music School

 $   680,000
 $      7,000
 $   500,000
  TOTAL  $1,187,000

Section 2: That the appropriations in Section 1 are funded from the following source:

REVENUE
ACCOUNT #
OBJECT DESCRIPTION AMOUNT
10101.335000
30008.335000
General Fund Undesignated Fund Balance
Hotel/Motel Fund Undesignated Fund Balance
$ 687,000
$ 500,000
  TOTAL  $1,187,000

Section 3: That this resolution shall take effect from and after its adoption, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.

Sponsored by: Rip Ryman

LEGISLATIVE HISTORY

Referred: Budget & Finance Committee
Public Safety Committee  
Introduced: June 5, 2007
Deferred: June 5, 2007
Substitute Introduced: June 19, 2007
Adopted: June 19, 2007
Approved: June 20, 2007
By: