Appropriation Ordinance 20-02

This ordinance appropriates an additional $900,000 from the Local Income Tax (LIT) Special Distribution Fund, transfers $1,731,205 from the Motor Vehicle Highway (MVH) Fund to the Restricted Motor Vehicle Highway (MVH-Restricted) Fund, and transfers $386,000 from Classification 2- Supplies to Classification 4 – Capital Outlays in the Cumulative Capital Development Fund. The appropriation of the $900,000 will be used for part of the INDOT local match for the Sare Road Multiuse Path and Intersection Improvement Project. The transfer of $386,000 will be used for the College Mall Road paving project. The transfer of $1,731,205 from the MVH to the MVH-Restricted Fund is the result of a State Examiner directive (2018-2), which implements House Enrolled Act 1002-2017 and House Enrolled Act 1290-2018. These acts restrict local use of at least 50% of the distributions from State Motor Vehicle Account for the construction, reconstruction, and preservation of highways. The State Examiner directive requires counties, cities, and towns to create this new, MVH-Restricted sub-fund to better manage and account of these statutorily restricted funds.