Explanation
1. BACKGROUND
This ordinance authorizes the annual appropriation of monies within the Municipal Motor Vehicle License Tax Fund for the Division of Planning and Operations. This $5.00 permissive tax has been levied by the City of Columbus since 1987. This money is used for division operating expenses consistent with the 2011 budget. The amount being appropriated within this ordinance is $3,302,600.00. Proposed expenditures are estimates and are subject to change. Where appropriate, expenditure ordinances will be submitted to City Council for approval to procure these commodities and services.
2. FISCAL IMPACT
This ordinance authorizes the appropriation for 2011 in the amount of $3,302,600.00 for the Municipal Motor Vehicle License Tax Fund. Annual revenue into this Fund is consistently in the $3,000,000.00 to $3,500,000.00 range. Ordinance 0013-2010 passed by City Council January 11, 2010, authorized the 2010 appropriation of $3,298,750.00.
3. EMERGENCY DESIGNATION
Emergency action is requested to make these funds available to the division as soon as practical to meet anticipated 2011 needs.
Title
To appropriate $3,302,600.00 from the unappropriated balance of the Municipal Motor Vehicle License Tax Fund for anticipated 2011 operating expenditures for the Department of Public Service, Division of Planning and Operations; and to declare an emergency. ($3,302,600.00)
Body
WHEREAS, it is necessary to authorize the appropriation of funds in the Municipal Motor Vehicle License Tax Fund for the Division of Planning and Operations; and
WHEREAS, this appropriation will allow for planned expenditures utilizing monies from said fund as early as possible in 2011; and
WHEREAS, this ordinance authorizes the appropriation of $3,302,600.00 within the Municipal Motor Vehicle License Tax Fund for 2011 expenditures and
WHEREAS, an emergency exists in the usual daily operation of the Division of Planning and Operations, Departmen...
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