Explanation
BACKGROUND: Due to the increase usage of Powdered Activated Carbon, the Division of Water is showing a Deficit in Object Level One 02 ( Supplies and Materials) A Transfer of appropriations is needed within the Water System Operating Fund to align budget authority with projected expenditures ($300,000.00)
FISCAL IMPACT: Funds are being transferred within the same fund, therefore, there is no net fiscal impact of this action.
Title
To authorize the City Auditor to transfer appropriations within the Water System Operating Fund to align budget authority with projected expenditures ($300,000); and to declare an emergency.
Body
WHEREAS, anticipated expenditures for Supplies necessitates the transfer of funds within the Water System Operations Fund, and
WHEREAS, Available appropriations in Object Level One 06 can be transferred to Object Level One 02; and,
WHEREAS, an emergency exists in the usual daily operations of the City in that it is immediately necessary to transfer appropriation within the Water System Operations Fund for the immediate preservation of the public health, peace, property, safety, and now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the City Auditor be and hereby authorized and directed to transfer $300,000 within the Water System Operations Fund as Follows:
From: To:
Dept/Div 60-09 60-09
Fund 600 600
Object Level 1 06 02
OCA 602730 602474
Object Level 3 6652 2204
Amount $300,000 $300,000
SECTION 2 That for the 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.