City of Columbus - File #: 1479-2005

• File #: 1479-2005
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 8/31/2005
• In control: Utilities Committee
• On agenda: 9/26/2005
• Final action: 9/28/2005
• Title: To increase and amend carryover funding in the 2005 Capital Improvements Budget due to encumbering document cancellations and cash transfers within the Voted Street Lighting and Electricity Distribution Improvements Fund and to declare an emergency. ($140,071)

Date	Ver.	Action By	Action	Result
9/28/2005	1	MAYOR	Signed
9/28/2005	1	ACTING CITY CLERK	Attest
9/26/2005	1	Columbus City Council	Approved	Pass
9/26/2005	1	COUNCIL PRESIDENT PRO-TEM	Signed
9/13/2005	1	Utilities Drafter	Sent to Clerk's Office for Council
9/12/2005	1	Auditor Reviewer	Reviewed and Approved
9/12/2005	1	CITY AUDITOR	Reviewed and Approved
9/9/2005	1	Utilities Drafter	Sent for Approval
9/8/2005	1	FINANCE DIRECTOR	Reviewed and Approved
9/7/2005	1	Utilities Drafter	Sent for Approval
9/7/2005	1	Finance Reviewer	Reviewed and Approved
9/6/2005	1	Utilities Reviewer	Sent for Approval
9/6/2005	1	UTILITIES DIRECTOR	Reviewed and Approved
9/1/2005	1	Utilities Reviewer	Reviewed and Approved
9/1/2005	1	Utilities Drafter	Sent for Approval
9/1/2005	1	Utilities Reviewer	Reviewed and Approved
9/1/2005	1	Utilities Drafter	Sent for Approval
8/31/2005	1	Utilities Drafter	Sent for Approval

Explanation


BACKGROUND: This legislation amends the 2005 Capital Improvements Budget for the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund 553. Amendments are necessary to increase budget authority for additional carryover funds made available through encumbering document cancellations and to realign authority due to previous cash transfers among projects within the fund.

Emergency action is requested in order that the budget authority may be amended as soon as possible, thereby allowing the Division of Electricity to proceed with legislation for capital improvements projects.

FISCAL IMPACT: This legislation amends carryover funding to reflect document cancellations and cash transfers among project within the Voted 1995 and 1999 Street Lighting and Electricity Distribution System Improvements Fund. There is no impact on new funding.



Title


To increase and amend carryover funding in the 2005 Capital Improvements Budget due to encumbering document cancellations and cash transfers within the Voted Street Lighting and Electricity Distribution Improvements Fund and to declare an emergency. ($140,071)


Body


WHEREAS, cancellations of encumbering documents have made additional carryover funding available in the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and

WHEREAS, amendments of carryover funding in the 2005 Capital Improvements Budget are necessary to align project amounts with previously authorized cash transfers among the projects within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and

WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Division of Electricity, in that it is immediately necessary to amend the 2005 Capital Improvements Budget to provide budget authority in the appropriate capital improvements projects thereby preserving the public health, p...