Explanation
This legislation transfers a total of $240,000.00 from Object Level 1 06 (6651) to Object Level 1 03 (3380) within the Sewerage System Operating Fund 650. The need to transfer funding within the operating budget is needed to pay for Fleet Internal Billing for a re-build of Cat Loaders at the Compost Facility.
The Compost Facility has two (2) pieces of equipment that can be rehabilitated to its original form at a cost savings from purchasing new. The Fleet Management Division will handle the project. The Division of Sewerage and Drainage will need to pay the Fleet Management Division through its internal billing cycle.
This legislation is requested to be an emergency so that Fleet Management Division may begin the process of getting the equipment rehabilitated.
FISCAL IMPACT: Sufficient appropriation is available in Object Level 1 06 for this requested transfer to Object Level 1 03.
Title
To authorize the City Auditor to transfer of $240,000.00 within the Sewerage System Operating Fund to align budget authority with projected expenditures; and to declare an emergency. ($240,000.00)
Body
WHEREAS, the Copost Facility has a need to have two (2) Cat Loaders to be rehibiliatate to its original form and a transfer to Character 03 is needed to pay the Fleet Management Division for said services and,
WHEREAS, available appropriation in Object Level 1 06 can be transferred to Object Level 1 03; and,
WHEREAS, an emergency exists in the usual daily operations of the Division of Sewerage and Drainage, Department of Public Utilities, in that it is immediately necessary to transfer appropriation within the Sewerage System Operating Fund 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 l. That the Finance Director be and he is hereby authorized and directed to transfer $240,000.00 within the S...
Click here for full text