6135558 Resolution 21-578, Fiscal Year 2016 Revised Budget Request Adjustment Extension Emergency Declaration Resolution of 2016

A RESOLUTION

                                                        

21-578

 

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

 

July 12, 2016        

 

 

To declare the existence of an emergency with respect to the need to extend certain adjustments made to the Fiscal Year 2016 Budget and Financial Plan through the remainder of Fiscal Year 2016.

 

            RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as “Fiscal Year 2016 Revised Budget Request Adjustment Extension Emergency Declaration Resolution of 2016”.

 

            Sec. 2. (a) On October 6, 2015, the Council passed the Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Temporary Act of 2015, effective January 21, 2016 (D.C. Law 21-48; 62 DCR 13979) (the “Act”), which will expire on August 21, 2016.

            (b) The Act consists of substantial adjustments to budget authority for both Fiscal Year 2015 and Fiscal Year 2016.

            (c) The adjustments made by the Act to the Fiscal Year 2016 budget must be extended through the end of Fiscal Year 2016 in order to continue the legal authority for the revised budget and ensure a balanced budget and a clean Comprehensive Annual Financial Report for Fiscal Year 2016.

 

            Sec. 3.  The Council of the District of Columbia determines that the circumstances enumerated in section 2 constitute emergency circumstances making it necessary that the Fiscal Year 2016 Revised Budget Request Adjustment Extension Emergency Act of 2016 be adopted after a single reading.

 

Sec. 4. This resolution shall take effect immediately.