Explanation
BACKGROUND: The Columbus Health Department was awarded a Women, Infants, and Children (W.I.C.) grant from the Ohio Department of Health. The Ohio Department of Health is sending the grant funds in large quarterly payments, resulting in monthly interest distributions from a large cash balance. This ordinance is needed to authorize $21,000 additional appropriation on the WIC grant for total appropriation on the grant in the amount of $5,257,485, for the period October 1, 2008 through September 30, 2009.
FISCAL IMPACT: The Women, Infants and Children Program is entirely funded by the Ohio Department of Health. This program, with the exception of interest distribution, does not generate any revenue or require a City match.
Title
To authorize a supplemental appropriation from the unappropriated balance of the Health Department Grants Fund for additional revenues in the amount of $21,000 received by the Women, Infants, and Children Grant Program. ($21,000)
Body
WHEREAS, $5,236,485 in grant funds have been made available through the Ohio Department of Health for the Women, Infants and Children program for the period of October 1, 2008 through September 30, 2009; and,
WHEREAS, The Ohio Department of Health is sending the grant funds in large quarterly payments, resulting in monthly interest distribution on the cash balance; and,
WHEREAS, it is necessary to increase appropriation authority in the Health Department Grants Fund in the amount of $21,000 to meet the need of additional interest that is being distributed to the grant Now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unappropriated monies in the Health Department Grants Fund, Fund No. 251, and from all monies estimated to come into said Fund from any and all sources during the twelve months ending September 30, 2009, the sum of $21,000 is hereby appropriated to the Health Department, Division No. 50,...
Click here for full text