City of Columbus - File #: 2086-2004

• File #: 2086-2004
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 11/12/2004
• In control: Rules & Reference Committee
• On agenda: 11/22/2004
• Final action: 11/24/2004
• Title: To authorize and direct the City Auditor to provide for the transfer of $10,067,653 $10,042,653 between various objects and divisions within the general fund; to authorize a supplemental appropriation of $790,000 in the fleet management fund; to authorize a transfer of $165,000 within the fleet management fund; all to allow divisions to continue to operate through the end of 2004 without interruption; and to declare an emergency ($11,022,653) ($10,997,653).
• Sponsors: Matthew D. Habash

Date	Ver.	Action By	Action	Result
11/24/2004	2	MAYOR	Signed
11/24/2004	2	CITY CLERK	Attest
11/22/2004	1	Columbus City Council	Approved as Amended	Pass
11/22/2004	2	Columbus City Council	Amended as submitted to the Clerk	Pass
11/22/2004	2	COUNCIL PRESIDENT	Signed
11/17/2004	1	City Clerk's Office	Sent back for Clarification/Correction
11/17/2004	1	Finance Drafter	Sent for Approval
11/17/2004	1	Auditor Reviewer	Reviewed and Approved
11/17/2004	1	Auditor Reviewer	Reviewed and Approved
11/17/2004	1	CITY AUDITOR	Reviewed and Approved
11/17/2004	1	Finance Drafter	Sent to Clerk's Office for Council
11/17/2004	1	City Clerk's Office	Sent back for Clarification/Correction
11/17/2004	1	Finance Drafter	Sent to Clerk's Office for Council
11/16/2004	1	City Clerk's Office	Sent back for Clarification/Correction
11/16/2004	1	Finance Drafter	Sent to Clerk's Office for Council
11/12/2004	1	Finance Drafter	Sent for Approval
11/12/2004	1	FINANCE DIRECTOR	Reviewed and Approved
11/12/2004	1	Finance Drafter	Sent to Clerk's Office for Council

Explanation
BACKGROUND AND FISCAL IMPACT:

As part of the 2004 third quarter financial review, the Department of Finance identified surpluses and deficits in various objects in several divisions. It is necessary to authorize a transfer of $10,067,653 $10,042,653 among divisions within the general fund to properly align object appropriations with projected expenditures, allowing divisions to operate without interruption through the end of 2004. Included within this ordinance are transfers totaling approximately $5.7 million from the finance citywide account to various general fund agencies for personnel and services expenses that were originally budgeted in the citywide account.

Transfer amounts were projected as part of the third quarter financial review. However, these amounts do not mirror the third quarter review exactly, due to transfers that have occurred in the interim, as well as adjustments made in projections since the release of the review.

This ordinance also authorizes a supplemental appropriation of $790,000 and a transfer of $165,000 between objects within the fleet management fund, for increased automotive parts. Despite a reduction in stocked inventory, expenditures for automotive parts are projected to be over budget by $955,000. A portion ($165,000) of this overage will be covered for savings in the services category. The division has elected to do more work in-house this year rather than send vehicles to outside vendors for maintenance or bodywork. This has resulted in the need for more parts than originally intended and a corresponding surplus in the services category. Of the supplemental appropriation of $790,000, $787,582 is attributable to general fund agencies. Appropriations within general fund agencies for these additional billings have been provided for in this legislation.

This ordinance is submitted as an emergency so as to allow the financial transaction to be posted in the City's accounting system as soon as po...