City of Columbus - File #: 2073-2004

• File #: 2073-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 11/11/2004
• In control: Public Service & Transportation Committee
• On agenda: 12/13/2004
• Final action: 12/15/2004
• Title: To authorize the City Auditor to transfer $135,000.00 between expenditure categories within the Street Construction, Maintenance and Repair Fund and within and between the Transportation and Refuse Collection Divisions in order to provide sufficient resources for operations for the balance of 2004 consistent with the third quarter financial review, and to declare an emergency. ($135,000.00)

Date	Ver.	Action By	Action	Result
12/15/2004	1	CITY CLERK	Attest
12/13/2004	1	Columbus City Council	Approved	Pass
12/13/2004	1	COUNCIL PRESIDENT	Signed
12/13/2004	1	MAYOR	Signed
11/29/2004	1	Auditor Reviewer	Reviewed and Approved
11/29/2004	1	CITY AUDITOR	Reviewed and Approved
11/29/2004	1	SERVICE DIRECTOR	Sent to Clerk's Office for Council
11/24/2004	1	Finance Reviewer	Reviewed and Approved
11/24/2004	1	FINANCE DIRECTOR	Reviewed and Approved
11/24/2004	1	Service Drafter	Sent for Approval
11/23/2004	1	Service Drafter	Sent for Approval
11/23/2004	1	SERVICE DIRECTOR	Reviewed and Approved
11/23/2004	1	Service Drafter	Sent for Approval
11/15/2004	1	Service Drafter	Sent for Approval
11/14/2004	1	Service Reviewer	Reviewed and Approved
11/11/2004	1	Service Drafter	Sent for Approval

Explanation
Background: The Third Quarter Financial review projected variances within 2004 Street Construction, Maintenance and Repair Fund appropriation authority in the Transportation and Refuse Collection Divisions. Positive variances are projected for several Object Level One expenditure categories (personnel, supplies and materials, services and capital outlay) in Transportation and negative variances for two Object Level One expenditure categories ("other" [for anticipated legal claim settlements] in Transportation and personnel in Refuse Collection). Overall, a positive variance is projected for the Transportation Division. This ordinance transfers appropriation authority between divisions and expenditure categories consistent with the third quarter financial review and subsequently revealed needs.

Fiscal Impact: These transfers are necessary to allow these divisions to meet anticipated 2004 spending needs.
Personnel expenditures for the Refuse Collection Division portion of the SCMRF is projected to end 2004 with a negative variance of $53,223. Therefore,$60,000 will be transferred from the Transportation Division services budget to cover the personnel deficit. Also, $75,000 will be transferred within the Transportation budget (from services to other) in order to pay for damage claims anticipated to be settled before the end of 2004.

Emergency action is requested to effect these transfers as soon as possible to allow for the unimpeded financial operations of these divisions during the balance of the year; quick posting also contributes to accurate and timely accounting practices.



Title
To authorize the City Auditor to transfer $135,000.00 between expenditure categories within the Street Construction, Maintenance and Repair Fund and within and between the Transportation and Refuse Collection Divisions in order to provide sufficient resources for operations for the balance of 2004 consistent with the third quarter financial rev...