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 operating expenses until the adoption of the 2019 Operating Budget for the City of Newark and Department of Water and Sewer Utilities Funding Source: 2019 Budget Appropriation Amount: $52,769,974.00 Budget Year: 2019 Contract Period: June 1, 2019 through June 30, 2019 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) N/A Additional Information: Operating Agency: All Departments Two-Thirds vote of full membership required.