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Authorization for Reserve Fund Transfers and CD Conversions

1 versions2019-11-21#op-_11212019-392-01inline resolution

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Original file not available onlineView version history →Meeting on 2019-11-21 →

Authorization for Reserve Fund Transfers and CD Conversions

RESOLVED

  • the treasurer and comptroller shall identify short term/lived asset expenses and mark them for transfer from the money market account to the water operating account, using transaction code EW921.1, with expenses paid off normal expense lines and notation for any budget adjustments needed
  • this same process shall be used for other reserves, transfers and money market operating funds subject to Board review, with general funds transactions using special transaction code A915
  • the treasurer is authorized to convert the Tower Reserve and Snow Equipment accounts from CD to Money Market at M&T Bank

Changes between versions

2020-02-102020-02-20
substantive change+111

The document was replaced by a specific authorization for Central Hudson to remove a street light.

  • The document content changed from a resolution supporting criminal justice reform amendments to a specific authorization: 'the Mayor is authorized to sign consent for Central Hudson to remove street light #139039 on East Market Street'
  • Document date advanced from 2020-02-10 to 2020-02-20
  • Removed all WHEREAS clauses regarding New York state criminal justice statutes and discovery reforms
  • Removed all RESOLVED clauses regarding the New York State Conference of Mayors and legislative amendments
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WHEREAS clauses: - while there was a need to reform New York's criminal justice statutes during the 2019 state legislative session, it is widely recognized that several of the changes in the laws pertaining to discovery are overly broad and vague and are having unintended consequences at the municipal level - the dramatically shortened time period in which prosecutors must disclose evidence to defendants and the broad expansion of the matters to which such discovery mandates apply will have significant cost, tax and justice implications for cities and villages with police departments, local justice courts or code/parking enforcement departments - the discovery reforms mandate prosecutors disclose evidence to the defense within 15 days of arraignment for criminal charges (even if the defendant is not in custody) - drastically enlarging the scope of material that a prosecutor must review and deliver within 15 days will overwhelm the ability of city and village officials and employees to prosecute cases while managing their misdemeanor and felony caseloads, and will make it impossible to prosecute vehicle and traffic and local code infractions and violations in compliance with the new discovery mandates - arraignment must now take place within 20 days of desk appearance ticket issuance, thereby requiring justice courts, many of which convene monthly, to meet more frequently - cities and villages will not reap savings from the bail reform's reduction of the burden on county jails - municipalities are already challenged with operating within the now-permanent 2% tax cap and have not received an increase in general purpose state aid in 11 years RESOLVED clauses: - the VILLAGEMayor OFis REDauthorized HOOKto supportssign the following set of amendments proposed by the New York State Conference of Mayors that are consistent with the intent of the criminal justice reforms but which will allowconsent for moreCentral effective and affordable implementation: Ensure that cities and villages are provided with additional financial and operational supportHudson to offsetremove thestreet costlight of these mandated measures; Allow 60 days for prosecutors to disclose evidence to the defense for criminal charges; Exclude from the accelerated discovery requirements any charge not involving a misdemeanor or felony; Adjust the 20-day arraignment requirement to accommodate local courts that meet#139039 on aEast monthlyMarket basis; Allow prosecutors to withhold sensitive information, such as victim contact information, without having to obtain a court order - this duly adopted resolution of the VILLAGE OF RED HOOK be forwarded to Governor Andrew Cuomo, Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, Senator SUE SERINO and Assembly Member KEVIN CAHILL, the New York State Conference of Mayors, and local media outletsStreet