Explanation
BACKGROUND: This ordinance authorizes the transfer of $860,000 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 also authorizes the transfer and appropriation of $929,272.87 from the Sustainable Columbus Fund to the Department of Public Utilities Electricity Operating Fund for the purpose of further supporting a range of energy management and alternative energy, and sustainability initiatives to benefit the greater Columbus community. This ordinance will further support these initiatives under the purview of the Department of Public Utilities.
EMERGENCY ACTION: This ordinance is submitted as an emergency to assure the proper funding is aligned to support the Sustainable Columbus initiatives.
FISCAL IMPACT: This ordinance authorizes the transfer of $860,000 from the Department of Finance General Fund, Citywide Account to the Sustainable Columbus Fund; this ordinance also authorizes the transfer and appropriation of $929,272.87 from the Sustainable Columbus Fund to the Department of Public Utilities Operating Fund.
Title
To authorize the transfer of $860,000.00 from the Department of Finance Citywide Account to the Sustainable Columbus Fund; this ordinance also authorizes the transfer and appropriation of $929,272.87 from the Sustainable Columbus Fund to the Department of Public Utilities Electricity Operati...
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