Explanation
Background:
This ordinance provides for the appropriation of funds from the unappropriated balance of the Recreation and Parks Private Leisure Assistance for Youth (P.L.A.Y.) Fund for scholarships in 2006.
This ordinance is submitted as an emergency to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up-to-date financial posting promotes accurate accounting and financial management. Emergency legislation is also required to have funding available for necessary 2006 expenditures.
Fiscal Impact:
The fiscal impact of this ordinance will be to reduce the Private Leisure Assistance for Youth (P.L.A.Y.) Fund's unappropriated balance by $45,00.00.
The expenditure of $45,000.00 is budgeted in the Recreation and Parks P.L.A.Y. Fund.
Title
To authorize an appropriation of $45,000.00 from the unappropriated balance of the Recreation and Parks Private Leisure Assistance for Youth (P.L.A.Y.) Fund to the Recreation and Parks Department for expenditures in 2006, and to declare an emergency. ($45,000.00)
Body
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to appropriate said funds for the preservation of public health, peace, property and safety; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unappropriated monies in the Recreation and Parks Private Leisure Assistance for Youth (P.L.A.Y.) Fund No. 233, and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ending December 31, 2006, the sum of $45,000.00 is appropriated to the Recreation and Parks Department, Department No. 51-01, as follows:
Object
Project Title OCA Code Level 3 Amount
P.L.A.Y. Program Donation Expenditures 233001 2269 $2,000.00
P.L.A.Y. Program Donation Expen...
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