Explanation
BACKGROUND: On November 5, 2007, City Council approved Ordinance No. 1700-2007, authorizing the Board of Health to accept a grant award from the Ohio Department of Health to fund the Women, Infants and Children Grant Program, for the period October 1, 2007 through September 30, 2008. That ordinance also authorized the appropriation of $4,944,823 which included the grant award amount and estimated interest earnings. The estimate for interest earnings was based on ODH sending advance payments to Health on a monthly basis. However, ODH is sending larger quarterly payments, leading to larger cash balances in the grant project and greater interest earnings than what was anticipated.
This ordinance is needed to authorize $21,258 in additional appropriation for the WIC grant for total appropriation on the grant in the amount of $4,944,823, for the period October 1, 2007 through September 30, 2008.
This ordinance is submitted as an emergency so as to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.
FISCAL IMPACT: The Women, Infants and Children Program is entirely funded by the Ohio Department of Health. This program does not generate any revenue or require a City match.
Title
To authorize a supplemental appropriation from the unappropriated balance of the Health Department Grants Fund for additional revenues received by the Women, Infants, and Children Grant Program, in the amount of $21,258; and to declare an emergency. ($21,258)
Body
WHEREAS, on November 5, 2007, City Council approved Ordinance No. 1700-2007, authorizing the Board of Health to accept a grant award from the Ohio Department of Health to fund the Women, Infants and Children Grant Program, for the period October 1, 2007 through September 30, 2008; and,
WHEREAS, that ordinance also authorized the appropriation of $4,944,823 which included the grant award amount and estimated interest earnings; and,
WHEREAS, the original estimate for interest earnings was based on ODH sending advance payments to Health on a monthly basis instead of the larger quarterly payments, leading to larger cash balances in the grant project and greater interest earnings than what was anticipated.; and,
WHEREAS, it is necessary to increase the appropriation authority in the Health Department Grants Fund in the amount of $21,258 to provide for the additional interest earnings that will be received; and,
WHEREAS, this ordinance is submitted as an emergency so as to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management; and,
WHEREAS, an emergency exists in the usual daily operation of the Health Department in that it is immediately necessary to appropriate these funds to the Health Department for the immediate preservation of the public health, peace, property, safety and welfare; Now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unappropriated monies in the Health Department Grants Fund, Fund No. 251, and from all monies estimated to come into said Fund from any and all sources during the twelve months ending September 30, 2008, the sum of $21,258 is hereby appropriated to the Health Department, Division No. 50, as follows:
OCA: 507116; Grant No.: 507116; OL1:02; Amount: $ 21,258
SECTION 2. That the monies appropriated in the foregoing Section 2 shall be paid upon the order of the Health Commissioner and that no order shall be drawn or money paid except upon voucher, the form of which shall be approved by the City Auditor.
SECTION 3. That for reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.