Explanation
Background: This ordinance authorizes the transfer of $1,550,000.00 within the Recreation and Parks operating fund. The funding is no longer needed in object class 05 and 01 and is requested to be transferred to object class 02 and 03 where it is needed for the balance of 2024.
Emergency Justification: Emergency action is requested in order to ensure that the Recreation and Parks Department has adequate funding appropriated to cover expenditures in the immediate future including payment of community center instructors, repairs and maintenance in parks and facilities and other necessary services.
Fiscal Impact: There will be a reduction in the appropriated balance of object class 05 of $150.000.00 and 01 of $1,400,000.00. The transfer will result in an increase of $120,000.00 in the appropriated balance of fund 2285, object class 02 The transfer will result in an increase of $1,430,000.00 in the appropriated balance of fund 2285, object class 03 .
Title
To authorize the transfer of $1,550,000.00 within the Recreation and Parks operating fund; and to declare an emergency. ($1,550,000.00)
Body
WHEREAS, it is necessary to authorize the transfer of $1,550,000.00 within the Recreation and Parks operating fund 2285; and
WHEREAS, an emergency exists in the usual daily operations of the Recreation and Parks Department in that it is immediately necessary to authorize the appropriation of additional revenue by transfer in order to ensure adequate funding for all necessary expenditures including payment of community center instructors, repairs and maintenance in parks and facilities and other necessary services, all for the immediate preservation of the public health, peace, property, safety and welfare; and NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the transfer of $1,550,000.00 or so much thereof as may be needed, is hereby authorized between object classes within the Recreation and Parks operating fund...
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