Explanation
BACKGROUND: This legislation will authorize the transfer and appropriation of $178,816.00 from FEMA funds to the Division of Electricity Operating Fund to have monies in the proper accounts for reimbursement for goods/services expenditures associated with winter storm damage occurring in December 2004.
FISCAL IMPACT: $178,816.00 is being transferred and appropriated from the FEMA Fund to the Division of Electricity Operating Fund as shown in Section 1 and 2 of this ordinance.
Title
To authorize and direct the transfer and appropriation of $178,816.00 from the FEMA Fund to the Division of Electricity Operating Fund to use as reimbursement for goods/services associated with winter storm damage in December 2004. ($178,816.00)
Body
WHEREAS, funds from reimbursable expenses of FEMA Funds are being transferred to be used as reimbursement for goods/services expenditures associated with winter storm damage in December 2004; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the amount of $178,816.00 is hereby transferred from the FEMA Fund to the Division of Electricity Operating Fund, as follows:
FROM:
Fund Type Grant No. Fund Object Level 3 OCA Code Amount
FEMA 454001 220 454607 $178,816.00
TO:
Dept./
Fund Type Div No. Fund Object Level 3 OCA Code Amount
Operating 60-07 550 0886 030098 $178,816.00
SECTION 2. That $178,816.00 is hereby appropriated to the Division of Electricity Fund, as follows:
Dept./
Fund Type Div No. Fund Object Level 3 OCA Code Amount
Operating 60-07 550 6652 606723 $178,816.00
SECTION 3. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.