PASSED

This enacted measure revised Philadelphia Gas Works’ Fiscal Year 2006 capital budget, increasing its maximum authorized amount from $64.619 million to $65.835 million. It also extended the deadline for PGW and the Gas Commission to approve certain transfers between budget line items from November 30 to December 31, 2006, while requiring transfer requests to be filed by November 7 and barring transfers from the $900,000 land-acquisition item.

Amending Bill No. 050792, entitled "An Ordinance Approving the Fiscal Year 2006 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Forecast of Capital Budgets for Fiscal Years 2007 through 2011", by approving a revised Capital Budget for Fiscal Year 2006 and by extending the timeline related to line item transfers.