Explanation
The 2006 City budget includes funds to create summer job opportunities for Columbus youth. These include $500,000 City Council added to the Jobs Growth Fund as part of its amendments; $100,000 in the Jobs Growth Fund in the Department of Development and $155,287 in the CDBG budget for Public Service for the SURF program Clean Teams. In order to coordinate usage of job money and realize the maximum benefit, it has been decided to consolidate funds under one agency--the Office of Education. This legislation authorizes the Director of the Office of Education to accept, appropriate and expend such funds from the Jobs Growth Fund for summer youth employment programs.
This action also helps the City secure outside contributions for similar summer employment opportunities. The Central Ohio Workforce Investment Corporation (COWIC), which administers federal jobs money associated with the Workforce Investment Act, has agreed to allocate $282,000 as matching funds to the City. This legislation authorizes the Director of Education to accept, appropriate and expend a grant in the amount of $282,000 from the Central Ohio Workforce Investment Corporation.
Emergency action is requested for the following reasons: to allow the financial transaction to be posted in the City's accounting system as soon as possible, up to date financial posting promotes accurate accounting and financial management and to maintain the summer youth jobs program.
FISCAL IMPACT:
All funding identified herein is included in the approved City budget for 2006. Of the $500,000 from City Council for the Jobs Growth Fund, $26,190 under ordinance 0590-2006, date passed March 15, 2006, has already been authorized for expenditures for the program, leaving $473,810 to now be appropriated from City Council. To appropriate funds from Public Service in the amount of $155,287 and from the Department of Development of $100,000 to the Jobs Growth Fund- 015. To appropriate a grant from COW...
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