Dept/ Agency: Administration/Office of Management & Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: To provide funds for operating expenses until the adoption of the 2012 Operating Budget for the City of Newark. (City-Wide) Funding Source: City of Newark Budget Appropriation Amount: $37,937,115.00 Budget Year: 2012 Contract Period: May 1, 2012 through May 31, 2012 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: All Wards Operating Agency: All Departments Two-Thirds vote of full membership required. Invitation: Budget Director, May 15, 2012