City of Columbus - File #: 1503-2010

• File #: 1503-2010
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/8/2010
• In control: Utilities Committee
• On agenda: 11/15/2010
• Final action: 11/17/2010
• Title: To authorize the City Auditor to transfer $3,116,758.00 between Object Levels within the Department of Public Utilities operating funds in order to provide the funding necessary to cover expenditures for the remainder of the year; and to declare an emergency. ($3,116,758.00)

Date	Ver.	Action By	Action	Result
11/17/2010	1	CITY CLERK	Attest
11/16/2010	1	MAYOR	Signed
11/15/2010	1	Columbus City Council	Approved	Pass
11/15/2010	1	COUNCIL PRESIDENT	Signed
11/9/2010	1	Utilities Drafter	Sent to Clerk's Office for Council
11/8/2010	1	City Clerk's Office	Sent back for Clarification/Correction
11/1/2010	1	Utilities Drafter	Sent for Approval
11/1/2010	1	CITY ATTORNEY	Reviewed and Approved
11/1/2010	1	Utilities Drafter	Sent to Clerk's Office for Council
10/29/2010	1	FINANCE DIRECTOR	Reviewed and Approved
10/29/2010	1	Utilities Drafter	Sent for Approval
10/29/2010	1	Auditor Reviewer	Reviewed and Approved
10/29/2010	1	CITY AUDITOR	Reviewed and Approved
10/26/2010	1	Finance Reviewer	Reviewed and Approved
10/21/2010	1	Utilities Drafter	Sent for Approval
10/21/2010	1	Finance Reviewer	Reviewed and Approved
10/21/2010	1	Finance Reviewer	Reviewed and Approved
10/20/2010	1	Utilities Drafter	Sent for Approval
10/20/2010	1	Utilities Reviewer	Sent for Approval
10/20/2010	1	UTILITIES DIRECTOR	Reviewed and Approved
10/19/2010	1	Utilities Reviewer	Reviewed and Approved
10/15/2010	1	Utilities Drafter	Sent for Approval
10/15/2010	1	Utilities Reviewer	Reviewed and Approved
10/15/2010	1	Utilities Drafter	Sent for Approval
10/8/2010	1	Utilities Drafter	Sent for Approval

Explanation

This legislation authorizes the transfer of funds between Object Levels within the various Divisions of the Department of Public Utilities to accommodate expenditures identified in the third quarter review.

See Attachment:  DPU Transfer.xls

Emergency action is requested in order to align budget authority with projected expenditures in order for year-end processing to proceed in an orderly, efficient, and timely manner.     

FISCAL IMPACT: Sufficient appropriation is available to transfer funds between Object Levels to accommodate expenditures identified in the third quarter budget review.  No increase in the total budget appropriation will be needed.

Title

To authorize the City Auditor to transfer $3,116,758.00 between Object Levels within the Department of Public Utilities operating funds in order to provide the funding necessary to cover expenditures for the remainder of the year; and to declare an emergency.  ($3,116,758.00)

Body

WHEREAS, anticipated expenditures within various Characters for the remainder of the 2010 Fiscal Year necessitates the transfer of funds within the Department of Public Utilities; and,

WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, in that it is immediately necessary to transfer appropriation between Object Levels within the various Department of Public Utilities operating funds, for the immediate preservation of the public health, peace, property and safety; now, therefore,

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

Section 1.  That the City Auditor be and is hereby authorized and directed to transfer $3,116,758.00 between Object Levels within the 2010 Department of Public Utilities operating funds as follows:

See Attachment:  DPU Tranfer.xls

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.