Explanation
This ordinance authorizes the annual appropriation of monies within the Municipal Motor Vehicle License Tax Fund for the Transportation Division. 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 2007 budget. The amount being appropriated within this ordinance is $3,878,000.00. 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.
Fiscal Impact: Annual revenue into this Fund is consistently in the $3,000,000.00 range. Ordinance 2182-2005 passed by City Council January 9, 2006, authorized the 2006 appropriation of $3,314,000.00. The Transportation Division has expended and/or encumbered nearly all funds appropriated during 2006.
Emergency action is requested to make these funds available to the division as soon as practical to meet anticipated 2007 needs.
Title
To appropriate $3,878,000.00 from the unappropriated balance of the Municipal Motor Vehicle License Tax Fund for anticipated 2007 operating expenditures for the Transportation Division, Public Service Department; and to declare an emergency. ($3,878,000.00)
Body
WHEREAS, planned expenditures utilizing monies from the Municipal Motor Vehicle License Tax Fund are ready to proceed; and
WHEREAS, an appropriation of funds is necessary; and
WHEREAS, an emergency exists in the usual daily operation of the Transportation Division, Public Service Department, in that it is immediately necessary to appropriate said funds to permit these expenditures and allow materials, supplies and services to be procured without delay to meet anticipated 2007 needs, 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 the sum of $3,8...
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