Explanation
This legislation transfers a total of $700,000.00 from Object Level 1 06 to Object Level 1 02 within the Sewerage System Operating Fund 650. The need to transfer funding within the operating budget was identified in the second quarter budget review. The transfer is requested to cover anticipated expenses for heating oil for heating buildings at the Jackson Pike Wastewater Treatment Plant and Southerly Wastewater Treatment Plant and replacement parts to be purchased for equipment at the various locations within the Division of Sewerage and Drainage.
This legislation is requested to be an emergency so that funding will be made available as soon as possible so as not to have any break in procurement of the needed supply of heating oil for the winter and replacement parts for equipment for the Division of Sewerage and Drainage.
FISCAL IMPACT: Sufficient appropriation is available in Object Level 06 for this requested transfer to Object Level 1 02.
Title
To authorize the City Auditor to transfer of $700,000.00 within the Sewerage System Operating Fund to align budget authority with projected expenditures and to declare an emergency. ($700,000.00)
Body
WHEREAS, anticipated expenditures for heating oil for the Southerly Wastewater Treatment Plant and Jackson Pike Wastewater Treatment Plant and replacement parts for equipment for various sections of the Division of Sewerage and Drainage within Character 02 necessitates the transfer of funds within the Sewerage System Operating Fund; and,
WHEREAS, available appropriation in Object Level 06 can be transferred to Object Level 02; and,
WHEREAS, an emergency exists in the usual daily operations of the Division of Sewerage and Drainage, Department of Public Utilities, in that it is immediately necessary to transfer appropriation within the Sewerage System Operating Fund 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 l. That the City Auditor be and is hereby authorized and directed to transfer $700,000.00 within the Sewerage System Operating Fund 650, Dept/Div. No. 60-05 as follows:
FROM
Object Level 06
OCA: 604793
Object Level 3: 6624
Amount: $350,000.00
Object Level 06
OCA: 604819
Object Level 3: 6624
Amount: $350,000.00
Total From 06: $700,000.00
TO:
Southerly Wastewater Treatment Plant
Object Level 02
OCA: 605055
Object Level 3: 2278
Amount: $350,000.00
Jackson Pike Wastewater Treatment Plant
Object Level 06
OCA: 605022
Object Level 3: 2278
Amount: $350,000.00
Total To 02: $700,000.00
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 disapproves the same.