Explanation
The Transportation Division is responsible for maintaining the City's roadways. The City receives an annual allocation of funds from the County's $5.00 Auto License Tax for Franklin County Engineer-approved projects completed by the City on arterial streets within City limits. This allocation is based on motor vehicle registrations within Columbus limits. After receipt these funds are deposited into the City's County Auto License Tax Fund (Fund 264) and are used to reimburse costs incurred by the Transportation Division within other Funds. Preliminary approval for funding these projects has been received from the Franklin County Engineer.
This ordinance authorizes the movement of funds from fund 264 to fund 265 by internal bill. All funds necessary to carry out the purpose of this ordinance are deemed appropriated in an amount not to exceed cash received from Franklin County in 2007.
Fiscal Impact: Actual and anticipated receipts into the County Auto License Tax Fund are estimated to be sufficient to support this appropriation.
Emergency action is requested in order to provide for this appropriation action taking effect immediately to promote efficient accounting practices and maintain prudent cash flow to division operating funds.
Title
To authorize appropriation of funds within the County Auto License Tax Fund; to authorize the Public Service Director to expend said monies or so much thereof as may be needed for Franklin County Engineer-approved roadway construction and maintenance projects undertaken by the Transportation Division for the City of Columbus; and to declare an emergency.
Body
WHEREAS, the Transportation Division is responsible for maintaining the City's roadways; and
WHEREAS, the City receives an annual allocation of funds from the County's $5.00 Auto License Tax for Franklin County Engineer-approved projects completed by the City on arterial streets within City limits; and
WHEREAS, these fun...
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