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Resolution RS2018-1262

A resolution appropriating to certain accounts for the benefit of the Metropolitan Nashville Public Schools Three Million Five Hundred Thousand Dollars ($3,500,000).

WHEREAS, the Metropolitan Council desires to appropriate to certain accounts for the benefit of the Metropolitan Nashville Public Schools (MNPS) Three Million Five Hundred Thousand Dollars ($3,500,000) from the undesignated fund balances of the MNPS General Purpose Fund.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

Section 1: That the following amount from the Undesignated Fund Balance of the MNPS General Purpose Fund is hereby appropriated:

Primary Expenditure Account # Account Description Amount
80150045.531001 MNPS - Charter Schools $1,240,400
80101005.501186 MNPS - Fringe Benefits $1,301,500
80111000.502611 MNPS - MDHA Property Tax Increments $958,100
- TOTAL $3,500,000

Section 2: That the appropriation in Section 1 is funded from the following source:

Revenue Account # Account Description Amount
35131.335000 MNPS - Undesignated Fund Balance $3,500,000
- TOTAL $3,500,000

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.

Sponsor(s)

Tanaka Vercher, Russ Pulley

Related Documents

Legislative History

Referred toBudget and Finance Committee
Education Committee

IntroducedJune 19, 2018

AdoptedJune 19, 2018

ApprovedJune 20, 2018

ByMayor Briley's signature

Requests for ADA accommodation should be directed to the Metropolitan Clerk at 615-862-6770.

Last Modified: 07/02/2018 2:19 PM