Explanation
Background: This ordinance transfers and appropriates $100,000.00 $71,000.00 from the existing Hotel/Motel tax appropriation (Ordinance Number 1957-2007) to the Recreation and Parks Department for the support of various annual cultural and arts programming for the enrichment of the community. This amount represents 3% of the total amount projected and targeted by Council for cultural enrichment purposes. Some of the community festivals supported by these funds are Festival Latino, Family Fun Fest, Jazz & Rib Fest and Rhythm on the River.
Financial Impact: That the City Auditor be directed to transfer $100,000.00 $71,000.00 from Fund; 231, Division; 22-01, OCA Code; 012484, Object Level 3;5501 to Fund; 285, Division; 51-01; OCA Code; 516567, Object Level 3; 0086.
Emergency action is requested in order to have funding available for necessary expenditures.
Title
To authorize the transfer of $100,000.00 $71,000.00 from the Hotel/Motel Tax Fund and appropriation to the Recreation and Parks Operating Fund, and to declare an emergency. ($100,000.00 $71,000.00)
Body
WHEREAS, the Department of Recreation and Parks annually provides various cultural and arts programming for the enrichment of the community; and
WHEREAS, City Code Section 371.02 allows for the allocation of a maximum of 1.5% in relation to the 5.1% Hotel/Motel tax receipts for use for said purpose - the equivalent of 29.41% of collections; and
WHEREAS, the city deems it appropriate to distribute $100,000.00 $71,000.00 to the Department of Recreation and Parks to support various cultural events; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to appropriate and transfer said funds to have funding available for necessary expenditures; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City Auditor be and he is hereby authorized and directed to transfer $100,000.00 $71,000.00 from the Hotel/Motel Tax Fund to the Recreation and Parks Operating Fund as follows:
FROM:
Fund No. Division No. OCA Code Object Level 3 Amount
231 22-01 012484 5501 $100,000.00 $71,000.00
TO:
Fund No. Division No. OCA Code Object Level 3 Amount
285 51-01 516567 0086 $100,000.00 $71,000.00
Section 2. That from the unappropriated monies in the Recreation and Parks Operating Fund No. 285, and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ending December 31, 2008, the sum of $100,000.00 $71,000.00 is appropriated to the Recreation and Parks Department No.; 51-01, OCA Code; 516567, Object Level 3; 3337.
Section 3. 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.