Explanation
BACKGROUND AND FISCAL IMPACT:
As part of the 2025 third quarter financial review, the Department of Finance and Management identified surpluses and deficits in various object classes in several divisions. In light of last minute changes needed to the original 3rd quarter transfer ordinance, Ordinance 3228-2025, this supplemental ordinance is necessary to realign appropriations with projected expenditures through the end of 2025. This ordinance authorizes the transfer $5,295,000.00 among divisions within the general fund and increases appropriations of $977,880.00 in the E-911 Fund and $1,100,000.00 in the Sustainable Columbus Fund.
EMERGENCY DESIGNATION
This ordinance is submitted as an emergency so as to allow these financial transactions to be posted in the city's accounting system as soon as possible to properly align appropriations with expenditures through the end of 2025. Up to date financial posting promotes accurate accounting and financial management.
Title
To authorize and direct the City Auditor to provide for the transfer of $5,295,000.00 within the general fund; to increase appropriations of $977,880.00 in the E-911 Fund and $1,100,000.00 in the Sustainable Columbus Fund; and to declare an emergency. ($7,372,880.00)
Body
WHEREAS, the third quarter financial review, conducted by the Department of Finance and Management, identified projected surpluses and deficits in various object classes of several general fund and non-general fund divisions; and
WHEREAS, it is necessary to transfer funds between objects, divisions and funds in order to properly align appropriations with expenditures through the end of 2025; and
WHEREAS, it is necessary to increase appropriations in the E-911 Fund and the Sustainable Columbus Fund in order to properly align appropriations with expenditures through the end of 2025; and
WHEREAS, this ordinance is submitted as an emergency so as to allow the financial transactions to be posted in the City's accounting system as soon as possible, promoting accurate accounting and financial management; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management in that it is immediately necessary to authorize the City Auditor to transfer funds, and make additional appropriations to allow for the proper alignment of appropriations and expenditures and departments and divisions to operate without interruption through the end of 2025, all 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 the City Auditor is hereby authorized and directed to transfer $5,295,000.00 between various divisions and object classes within the general fund, Fund 1000, Subfund 100010 according to the account codes in the attachment to this ordinance.
Attachment: 2025 Supplemental 3rd qtr trx.xlsx
SECTION 2. That the appropriations of $977,880.00 from the unappropriated cash balance in the E-911 Fund, Fund 2270, Subfund 227001, are hereby authorized according to the account codes in the attachment to this ordinance.
Attachment: 2025 Supplemental 3rd qtr trx.xlsx
SECTION 3. That the appropriations of $1,100,000.00 from the unappropriated cash balance in the Sustainable Columbus Fund, Fund 2260, Subfund 226001, are hereby authorized according to the account codes in the attachment to this ordinance.
Attachment: 2025 Supplemental 3rd qtr trx.xlsx
SECTION 4. That the monies appropriated in the foregoing sections shall be paid upon the order of the director of said department 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 5. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated and the City Auditor shall establish such accounting codes as necessary.
SECTION 6. That the City Auditor is authorized to make any accounting changes to revise the financial information for all actions authorized in this ordinance.
SECTION 7. 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.