Explanation
This ordinance provides for the appropriation of funds from the unappropriated balance of the Recreation and Parks Private Leisure Assistance for Youth (P.L.A.Y.) Fund for scholarships utilized by the Community Recreation Section.
This ordinance is submitted as an emergency 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. Emergency legislation is required to have funding available for necessary expenditures.
Fiscal Impact: Will reduce the Recreation and Parks Private Leisure Assistance for Youth (P.L.A.Y.) program unappropriated balance by $53,924.96.
Title
To authorize the appropriation of $53,924.96 from the unappropriated balance of the Recreation and Parks Private Leisure Assistance for Youth (P.L.A.Y.) Fund to the Recreation and Parks Department for scholarships for economically-disadvantaged youth; to authorize that any such future deposits as the City may receive into these subfunds are hereby deemed to be appropriated; and to declare an emergency. ($53,924.96)
Body
WHEREAS, it is in the best interest of the City to authorize any such future deposits as the City may receive into these subfunds are hereby deemed to be appropriated; and
WHEREAS, the P.L.A.Y. Fund was established in order to provide scholarships for economically-disadvantaged youth so that they can participate in fee-based programs at the recreation centers; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department, in that it is immediately necessary to appropriate funds to have funding available for necessary expenditures, thereby preserving the public health, peace, property, safety, and welfare; NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unappropriated monies in the Recreation and Parks Private Leisure Assistance for Youth (P.L.A....
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