Explanation
Background: The Third Quarter Financial review projected variances within 2004 Street Construction, Maintenance and Repair Fund appropriation authority in the Transportation and Refuse Collection Divisions. Positive variances are projected for several Object Level One expenditure categories (personnel, supplies and materials, services and capital outlay) in Transportation and negative variances for two Object Level One expenditure categories ("other" [for anticipated legal claim settlements] in Transportation and personnel in Refuse Collection). Overall, a positive variance is projected for the Transportation Division. This ordinance transfers appropriation authority between divisions and expenditure categories consistent with the third quarter financial review and subsequently revealed needs.
Fiscal Impact: These transfers are necessary to allow these divisions to meet anticipated 2004 spending needs.
Personnel expenditures for the Refuse Collection Division portion of the SCMRF is projected to end 2004 with a negative variance of $53,223. Therefore,$60,000 will be transferred from the Transportation Division services budget to cover the personnel deficit. Also, $75,000 will be transferred within the Transportation budget (from services to other) in order to pay for damage claims anticipated to be settled before the end of 2004.
Emergency action is requested to effect these transfers as soon as possible to allow for the unimpeded financial operations of these divisions during the balance of the year; quick posting also contributes to accurate and timely accounting practices.
Title
To authorize the City Auditor to transfer $135,000.00 between expenditure categories within the Street Construction, Maintenance and Repair Fund and within and between the Transportation and Refuse Collection Divisions in order to provide sufficient resources for operations for the balance of 2004 consistent with the third quarter financial review, and to declare an emergency. ($135,000.00)
Body
WHEREAS, the third quarter financial review projected variances within 2004 Street Construction, Maintenance and Repair Fund appropriation authority in the Transportation and Refuse Collection Divisions; and
WHEREAS, this ordinance transfers appropriation authority between divisions and expenditure categories consistent with the third quarter financial review and subsequently revealed needs; and
WHEREAS, an emergency exists in the usual daily operations of the Public Service Department, Transportation and Refuse Collection Divisions, in that it is immediately necessary to effect these transfers as soon as possible to allow for unimpeded financial operations of the divisions during the balance of the year, thereby preserving 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 be and hereby is authorized to transfer funds within Fund 265, the Street Construction, Maintenance and Repair Fund, as follows:
TRANSFER FROM:
Dept. # / Division / O.L. 01/O.L. 03 Codes / OCA Code / Amount
59-09 / Transportation / 03/3300 / 599161 / $135,000.00
Total Transfer From: $135,000.00
TRANSFER TO:
Dept. # / Division / O.L. 01/O.L. 03 Codes / OCA Code / Amount
59-02 / Refuse Collection / 01/1150 / 591702 / $60,000.00
59-09 / Transportation / 05/5500 / 599217 / $75,000.00
Total Transfer To: $135,000.00
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 vetoes the same.