Explanation
This ordinance authorizes the establishment of an Auditor's Certificate in the amount of $640,000 for the reimbursement of staff time related to the administration of Recreation and Parks 2015/2016 Capital Improvement Projects. $640,000.00 will be established for 2015/2016 staff time billings in accordance with the City Auditor’s office internal labor capitalization policy.
Fiscal Impact: $640,000.00 is budgeted and available in the Recreation and Parks Voted Bond Fund 702 for this purpose.
Title
To establish an Auditor's Certificate in the amount of $640,000.00; to authorize the City Auditor to transfer $540,000.00 within the voted Recreation and Parks Bond Fund; to amend the 2015 Capital Improvements Budget Ordinance 0557-2015; and to authorize the expenditure of $640,000.00 from the Voted Recreation and Parks Bond Fund for the reimbursement of staff time related to the administration of Recreation and Parks 2015/2016 Capital Improvement Projects. ($640,000.00)
Body
WHEREAS, staff time reimbursements related to the administration of Capital Improvement Projects are necessary; and
WHEREAS, funds are being moved to alternate projects within Fund 702 to establish correct funding project detail location; and
WHEREAS, funding is available for these reimbursements from unallocated balances within the Voted Recreation and Parks Bond Fund; NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That reimbursement of staff time related to the administration of Capital Improvement Projects is necessary.
SECTION 2. That the City Auditor is hereby authorized to transfer $540,000.00 within the voted Recreation and Parks Bond Fund 702 for the projects listed below:
FROM:
Project OCA Code Object Level 3 Amount
440006-100000 (UIRF Improvements) 643056 6680 $50,000.00
510035-100013 (Facility Improvements Cost Allocation...
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