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File #: 3411-2018    Version: 1
Type: Ordinance Status: Passed
File created: 11/29/2018 In control: Finance Committee
On agenda: 12/10/2018 Final action: 12/13/2018
Title: To authorize and direct the City Auditor to provide for the transfer of $1,900,000.00 within the general fund; and to declare an emergency ($1,900,000.00).
Attachments: 1. 3411-2018
Explanation
The city reached an agreement for a successor collective bargaining contract with the Columbus Fire Fighters Union, Local #67, International Association of Firefighter (IAFF, Local #67), and Columbus City Council passed it via 3190-2018 on 11/19/2018. Costs associated with this contract agreement were projected in Finance and Management’s third quarter financial review. However, enough funds were not transferred to the Division of Fire via 2970-2018. As such, there is a need to transfer appropriation within the general fund in order to implement the provisions contained within this new contract before year end. In order to transfer such appropriation, a partial cancellation of current year encumbrances is needed, and is being handled by the City Auditor’s Office in conjunction with the Finance and Management Department.

EMERGENCY DESIGNATION
This ordinance is submitted as an emergency so as to allow these financial transactions to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.

FISCAL IMPACT
Funds totaling $1,900,000.00 are available within the general fund to transfer to the Division of Fire.

Title
To authorize and direct the City Auditor to provide for the transfer of $1,900,000.00 within the general fund; and to declare an emergency ($1,900,000.00).

Body
WHEREAS, the city reached an agreement with the IAFF, Local #67 in late November 2018; and

WHEREAS, it is necessary to transfer funds within the general fund in order to provide appropriation authority to implement the provisions contained in the agreement; and

WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to transfer appropriation within the general fund for the immediate preservation of the public, health, peace, property, safety and welfare; Now, Therefore;

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS...

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