Explanation
1. BACKGROUND
This legislation will authorize the City Auditor to return unused funds associated with the Pedestrian Safety Improvements - Smoky Row Sidewalks - Hard Road to Smoky View project back to Department of Public Service Pedestrian Safety Improvements project.
Ordinance 1251-2015 passed May 20, 2015, authorized the construction of the Pedestrian Safety Improvements - Smoky Row Sidewalks - Hard Road to Smoky View project utilizing funds from the Department of Public Service and grant funds from the Ohio Public Works Commission.
The project was completed. Final accounting reconciliation determined the cash remaining in the grant is to be distributed back to the Department of Public Service in the amount of $18,176.16.
2. FISCAL IMPACT
Funds in the amount of $18,176.16 are available for transfer from Fund 7763, the Transportation Grants Fund in G598197 (Smoky Row Road CCZ05) to Fund 7704, the Streets and Highways Bond Fund, P590105-100000 (Pedestrian Safety Improvements). Funds need to be appropriated.
Title
To authorize the City Auditor to appropriate funds within the Transportation Grants Fund; to authorize the City Auditor to transfer funds between the Transportation Grants Fund and Streets and Highways Bonds Fund in connection with the Pedestrian Safety Improvements Smoky Row Sidewalks - Hard Road to Smoky View project. ($18,176.16)
Body
WHEREAS, the City of Columbus Department of Public Service completed the Pedestrian Safety Improvements - Smoky Row Sidewalks - Hard Road to Smoky View project; and
WHEREAS, the City of Columbus Department of Public Service, and the Ohio Public Works Commission contributed funds for the project; and
WHEREAS, there is a remaining cash balance in the Transportation Grants Fund; and
WHEREAS, funds must be appropriated within the Transportation Grants Fund, and
WHEREAS, it is necessary to authorize a transfer of funds and appropriation between Fund 7763 and Fund 7704; and
WHEREAS, the remaining cash balance is to be transferred to the Pedestrian Safety Improvements project from the Pedestrian Safety Improvements - Smoky Row Sidewalks - Hard Road to Smoky View project; and
WHEREAS, it has become necessary in the usual daily operation of the Department of Public Service to authorize the City Auditor to appropriate funds within the Transportation Grants Fund; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2021, the sum of $18,176.16 is appropriated in Fund 7763 (Transportation Grants Fund), Dept-Div 5912 (Design and Construction), Project G598197 (Smoky Row Road CCZ05), in Object Class 10 (Transfer Out) per the account codes in the attachment to this ordinance.
SECTION 2. That the City Auditor be and is hereby authorized to transfer $18,176.16 or so much thereof as may be needed, is hereby authorized from Fund 7763 (Transportation Grants Fund), Dept-Div 5912 (Design and Construction), Project G598197 (Smoky Row Road CCZ05) to Fund 7704 (Streets and Highways Bond Fund), Dept-Div 5912 (Design and Construction), Project P590105-100000 (Pedestrian Safety Improvements) per the account codes in the attachment to this ordinance.
SECTION 3. That Funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.
SECTION 4. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 5. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project.
SECTION 6. That this ordinance shall take effect and be in force from and after the earliest period by law.