Newton City Council adopts $515,000 budget amendment for electric sales

The Newton City Council unanimously adopted a budget ordinance amendment on June 29, 2022, to recognize an additional $515,000 in commercial electric sales and to authorize increased appropriations in the electric department’s purchases-for-resale account, City Manager Jonathan Franklin said.

Jonathan Franklin, the city manager, told the council that a year-end budget amendment was needed "to recognize revenues and authorize appropriations at year-end," and that the electric department’s purchases-for-resale account is anticipated to have $515,000 in additional expenditures for the year. Franklin recommended the council approve the amendment.

Council Member Ed Sain moved to adopt the Budget Ordinance Amendment; Council Member Roy Johnson seconded. The council voted unanimously in favor. Present members recorded as voting "yes" were Mayor Eddie Haupt and Council Members Jerry Hodge, Roy Johnson, Ed Sain, Jody Dixon and Beverly Danner; Mayor Pro Tem John Stiver was absent. The minutes note that ordinances, resolutions and proclamations are on file in the Office of the City Clerk.

After the vote the council approved a motion by Council Member Jody Dixon, seconded by Council Member Ed Sain, to adjourn the special meeting. The meeting minutes include signatures by Mayor Eddie Haupt and City Clerk Amy S. Falowski as the official record.

The action recognizes additional commercial electric revenue and authorizes matching appropriations for the electric department’s purchases-for-resale account ahead of the close of the fiscal year. No ordinance number or further budget detail was specified in the minutes; related documents were referenced as on file with the city clerk.