Explanation
1. BACKGROUND
This ordinance authorizes the appropriation of $1,000,000.00 from the Mobility Enterprise Fund, Division of the Director’s Office, Department of Public Service.
The creation of a Mobility Enterprise Fund, per ordinance 2994-2021 allows for the holistic management of all the City’s mobility assets within a sustainable and long-term self-supporting program. The Mobility Enterprise Program that combines on and off-street revenues and expenses for parking ensures the health of the City’s off-street garage assets and allows for continued innovation and reinvestment in the City’s on-street parking and curb lane management program as well as other mobility initiatives of the department.
The Mobility Enterprise Fund is supported by the Public Service Director’s Office which includes administration, human resources, payroll, fiscal operations, safety and training. This ordinance seeks to create budget appropriation so that the department can allocate a portion of the salary and benefits costs of the director’s office to the Mobility Enterprise Fund which it supports.
2. FISCAL IMPACT
This ordinance authorizes the appropriation of $1,000,000.00 in the Mobility Enterprise Fund.
3. EMERGENCY DESIGNATION
Emergency action is requested so that the payroll and accounting changes can take effect as quickly as possible.
Title
To authorize the appropriation of $1,000,000.00 from the unappropriated balance from the Mobility Enterprise Fund, Division of the Director’s Office, Department of Public Service; and to declare and emergency. ($1,000,000.00).
Body
WHEREAS, this ordinance authorizes the appropriation of $1,000,000.00 from the Mobility Enterprise Fund, Division of the Director’s office, Department of Public Service; and,
WHEREAS, the creation of a Mobility Enterprise Fund, per ordinance 2994-2021 allows for the holistic management of all the City’s mobility assets within a sustainable and long-term self-supporting program; and,
WHEREA...
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