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File #: 0574-2012    Version: 1
Type: Ordinance Status: Passed
File created: 3/6/2012 In control: Finance Committee
On agenda: 5/14/2012 Final action: 5/17/2012
Title: To authorize the City Auditor to transfer $100,000.00 within General Fund of the office of City Council to align budget authority with projected expenditures and to declare an emergency. ($100,000.00)
Explanation
 
This legislation transfers a total of $100,000.00 from Object Level 03 to Object Level 01 within the General Fund 010 of City Council. The transfer is requested for anticipated personnel expenses.
 
 
This legislation is requested to be an emergency so that funding will be made available as soon as possible so there will be no break in the provision of services.
 
FISCAL IMPACT: Sufficient appropriation is available in Object Level 03 for this requested transfer to Object Level 01.
 
Title
 
To authorize the City Auditor to transfer $100,000.00 within General Fund of the office of City Council to align budget authority with projected expenditures and to declare an emergency.  ($100,000.00)
 
Body
 
WHEREAS, anticipated expenditures for personnel necessitates the transfer of funds within General Fund of City Council, and
 
WHEREAS, available appropriation in Object Level 03 can be transferred to Object Level 01; and,
 
WHEREAS, an emergency exists in the usual daily operations of the City in that it is immediately necessary to transfer appropriation within the General Fund of the office of City Council 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 1.  That the City Auditor be and hereby is authorized and directed to transfer $100,000.00 within the General Fund of the office of the City Council as follows:
 
                                                FROM                   TO    
Div/Dept            20-01                  20-01
Fund                  010                  010
Object Level 1            03                  01
OCA                  200105                  200105
Object Level 3            3337                  1101
Amount                  $100,000.00            $100,000.00
 
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.