Explanation
BACKGROUND: The purpose of this ordinance is to authorize the City Auditor to create a new subfund within the City’s Special Purpose Fund to account for the Public Right of Way paid by Mobile Food Vendors at the Department of Public Safety, Division of Support Services, License Section. Per the Columbus City Code 573.07c, "Inspection and License Fees", "The Director of Public Safety or designee may allocate, by rule, a portion of each fee under the subsection (b, Public Right of Way Fee) to one or more organizations in congestion zones to defray the costs associated with operations or programs that benefit the public right of way." The Mobile Food Vending Advisory Board created two (2) rules that state the following:
1. 10% of the Public Right of Way fee paid by Mobile Food vendors will be allocated to two (2) organizations quarterly. (573.07e)
2. The two (2) organizations are the Short North Alliance and Capital Crossroads Special Improvement District, with 5% of the fees collected for the Public Right of Way to go to each organization quarterly.
In order to properly track and account for these monies, we are requesting that the City Auditor create a new subfund within the City's Special Purpose Fund, Fund No. 223.
FISCAL IMPACT: Currently, revenues collected from the Mobile Food Public Right of Way are deposited into the General Fund, Fund No.010. This ordinance will authorize the City Auditor to create a subfund within the City's Special Purpose fund and appropriate any funds that are deposited into such fund. Ten percent of all revenues received for mobile food vending per quarter will be deposited into the Special Purpose Fund. Utilizing the City’s Special Purpose Fund provides the best means for properly tracking and accounting for these monies.
Title
To authorize the City Auditor to create a new subfund within the City’s Special Purpose Fund to account for revenues collected for Mobile Food Vending Public Right of Way fees; to...
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