Explanation
Background: This ordinance authorizes the transfer of $824,049.22 from the Department of Finance General Fund, Citywide Account to the Sustainable Columbus Fund the for the purpose of further supporting a range of energy management and alternative energy, and sustainability initiatives to benefit the greater Columbus community.
Ordinance 1554-2021 established the Sustainable Columbus Fund to support initiatives that include but are not limited to the following: community education and outreach, grants, infrastructure investment, energy efficiency projects, training, workforce development, administrative costs incurred by the City, and other activities related to clean energy, energy efficiency, and sustainability initiatives. This ordinance will further support a range of energy management, alternative energy, and Sustainability initiatives that benefit the greater Columbus community.
Emergency Justification: This ordinance is submitted as an emergency so as to allow these financial transactions to be posted in the city's accounting system as soon as possible to allow divisions to operate without interruption through the end of 2024. Up to date financial posting promotes accurate accounting and financial management.
Fiscal Impact: This ordinance authorizes the transfer of $824,049.22 from the Department of Finance General Fund, Citywide Account to the Sustainable Columbus Fund.
Title
To authorize the transfer of $824,049.22 from the Department of Finance Citywide Account to the Sustainable Columbus Fund; and to declare an emergency. ($824,049.22)
Body
WHEREAS, Ordinance 1554-2021 authorized the establishment of the Sustainable Columbus Fund; and
WHEREAS, the purpose of this Special Revenue Fund is to provide support to a range of clean energy, energy efficiency, and sustainability initiatives to benefit the greater Columbus community. Some of these initiatives may include but are not limited to the following: community education...
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