Explanation
This ordinance transfers $456,813.00 from the General Fund to the Recreation and Parks Operating Fund to meet a deficit in the services budget. The transfer will provide funding for Water and Sewer, Electric, Adult Sports League Officials and Fleet Management charges. All of these expenses were outlined in the Third Quarter Review.
Title
To authorize and direct the City Auditor to transfer $456,813.00 from the General Fund to the Recreation and Parks Operating Fund and the subsequent appropriation of $456,813.00 in the Recreation and Parks Operating Fund for $456,813.00 in conjuction with the Third Quarter Review, and to declare an emergency. ($456,813.00)
Body
WHEREAS, funds are being transferred and appropriated from the General Fund to the Recreation and Parks Operating Fund to cover invoices for Water and Sewer, Electric, League Officials and Fleet Management; and
WHEREAS, these expenses were outlined in the Third Quarter Review; and
WHEREAS, and emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to transfer and appropriate said funds to cover November expenditures; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS
SECTION 1. That the amount of $456,813.00 is hereby transferred from the General Fund, Fund 10, Department: 51-01, OCA: 900050, Object Level 3: 5501 to the unappropriated balance of the Recreation and Parks Operating Fund.
SECTION 2. That $456,813.00 is hereby appropriated to the Recreation and Parks Operating Fund, as follows:
Fund Type Fund Object Level 1 Object Level 3 OCA Code Amount
Recreation and 285 03 3312 510297 $ 40,000.00
Parks Operating 285 03 3314 510297 200,000.00
Fund 285 03 3346 510404 15,000.00
285 03 3380 510503 201,803.00
$456,813.00
SECTION 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.