November 20th Resolution 222-2024 NYS Pension Invoices
resolution
1 page
Meeting: portal event 999 (no meeting page on file)
Agenda item: Proposed Resolutions — Consider authorizing the Village Treasurer to amend the 2024-2025 General, Water & Sewer Fund budgets in the amount of $120,108 for the annual retirement system invoices.
Resolution, 1 page. Attached to agenda item: “Proposed Resolutions — Consider authorizing the Village Treasurer to amend the 2024-2025 General, Water & Sewer Fund budgets in the amount of $120,108 for the annual retirement system invoices.”
Retrieved 2026-04-15 from the village's meeting portal.
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Extracted text
On motion of TRUSTEE ___, seconded by TRUSTEE ____, the following
resolution was adopted by the Board of Trustees of the Village of Croton- on-
Hudson, New York, with a - vote.
Resolution #222-2024
WHEREAS, the Village has received its New York State and Local Retirement
System invoices for the current fiscal year; and
WHEREAS, the state provides the Village with an estimate to use for budgeting
purposes, which was significantly under forecast this year; and
WHEREAS, the amount invoiced is a total of $120,108 over budget ($28,261 for the
NYS ERS and $91,847 for the NYS PFRS),
NOW THEREFORE BE IT RESOLVED: that the Village Board of Trustees hereby
authorizes the Village Treasurer to amend the 2024-2025 Adopted Budget to transfer
$120,108 from the fund balance – assigned – future retirement expenditures as
follows:
A9010.8000
NYS ERS
$25,826.73
A9015.8000
NYS PRS
$91,847
WATER EXPENSES
Increase
F9010.8000
NYS ERS
$2,362.62
SEWER EXPENSES
Increase
G9010.8000
NYS ERS
$71.65
Dated: November 20, 2024
Machine-extracted for search and reference — the original PDF is the authoritative version.