Explanation
This ordinance establishes transfer appropriations in certain identified special revenue funds and subfunds for the purpose of transferring unallocated cash balances from the aforementioned funds into the general fund, fund 1000, subfund 100010.
This ordinance is contingent upon the adoption of Resolution 0029X-2025.
Emergency action is requested in order for cash to be immediately transferred to the general fund in anticipation of passage of the city’s 2025 operating budget on February 10, 2025.
Title
To authorize the Auditor to establish transfer appropriations within certain special revenue funds; to authorize the Auditor to transfer cash between certain special revenue funds and the general fund; and to declare an emergency. ($1,562,074.55)
Body
WHEREAS, following the completion of an investigation into the ongoing use of certain special revenue funds and the ability to repurpose unallocated balances, Council has put forth Resolution 0029X-2025 resolving that the use, activities, or programs associated with certain funds have been terminated; and
WHEREAS, this ordinance authorizes the Auditor to establish appropriations and transfer cash from certain funds to the general fund; and
WHEREAS, an emergency exists in the usual daily business of the city in that it is immediately necessary for cash to be transferred to the general fund in anticipation of passage of the city’s 2025 operating budget on February 10, 2025; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That, contingent upon the adoption of Resolution 0029X-2025, which is incorporated herein by reference, the Auditor is hereby authorized and directed to appropriate $1,562,074.55 to various special revenue funds to object class 10-Transfers, per the accounting codes in the attachment to this ordinance.
SECTION 2. That the Auditor is hereby authorized to transfer cash from various special revenue funds to the general fund, fund 1000, subfund 1000...
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