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25-0229

Dept/ Agency: Administration/Office of Management and Budget Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: To provide funds for pensions until the adoption of the 2025 Operating Budget for the City of Newark. Funding Source: 2025 Budget Appropriation Amount: $94,199,489.47 Budget Year: 2025 Contract Period: January 1, 2025 through December 31, 2025 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Operating Agency: All Departments Two-Thirds vote of full membership required.

Resolution Adopted Introduced February 13, 2025
Committee
Administration
Introduced
February 13, 2025
On agenda
March 19, 2025
Passed
March 19, 2025

Where it was heard

Municipal Council Mar 19, 2025 Adopt Pass