Explanation
BACKGROUND: This ordinance authorizes the transfer of $150,000.00 from the General Fund to the Sustainable Columbus Fund. Ordinance 1554-2021 established the Sustainable Columbus Fund for the purpose of supporting a range of energy management and alternative energy, and sustainability initiatives to benefit the greater Columbus community. Some of these initiatives may include but are not limited to the following: community education and outreach, grants, infrastructure investment, energy efficiency projects, training, workforce development, administrative costs incurred by the City, and other activities related to clean energy, energy efficiency, and sustainability initiatives.
FISCAL IMPACT: This ordinance authorizes the transfer of $150,000.00 from the General Fund to the Sustainable Columbus Fund.
Title
To authorize the transfer of $150,000.00 from the General Fund to the Sustainable Columbus Fund; and to authorize the City Auditor to create sub-funds within the Sustainable Columbus Fund as necessary to carry out the purpose of said Fund.
Body
WHEREAS, Ordinance 1554-2021 authorized the establishment of the Sustainable Columbus Fund; and
WHEREAS, the purpose of this Special Revenue Fund is to provide support to a range of clean energy, energy efficiency, and sustainability initiatives to benefit the greater Columbus community. Some of these initiatives may include but are not limited to the following: community education and outreach, grants, infrastructure investment, energy efficiency projects, training, workforce development, administrative costs incurred by the City, and other activities related to clean energy, energy efficiency, and sustainability initiatives; and
WHEREAS, these activities will benefit the community by providing resources to enhance knowledge of and access to alternative forms of energy, providing community grants to provide economic assistance for alternative energy adoption, investments in local energy infrastructure, and other programs related to alternative energy and green/sustainability initiatives designed to reduce the community’s carbon emissions; and
WHEREAS, it has become necessary in the usual daily operation of the Finance and Management Department to authorize the transfer of $150,000.00 from the General Fund to the Sustainable Columbus Fund for the purpose of supporting energy management and alternative energy initiatives in the greater Columbus community, 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 transfer of $150,000.00 or so much thereof as may be needed, is hereby authorized from the General Fund 1000, Dept-Div 4501 to the Sustainable Columbus Fund 2260, Dept-Div 4550 per the accounting codes in the attachment to this ordinance.
SECTION 2. That the City Auditor is hereby authorized to create sub-funds within the Sustainable Columbus Fund as necessary to carry out the purpose of said Fund.
SECTION 3. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.