Label
City-wide Cost Allocation Plan
Finance
Campbell (x1252)
Title
Authorizing the Mayor to enter into a contract for the development of a city-wide cost allocation plan; authorizing the expenditure of an amount not to exceed $19,800 from the General Fund; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This ordinance authorizes the expenditure of funds for the development of a cost allocation plan. The 2021 approved operating budget under Finance Administration includes funding for this purpose. The proposed scope of this engagement includes a comprehensive review of the City’s existing cost allocations for central service operations and the development of a cost allocation plan that aligns with government best practices and generally accepted accounting principles. The City will be provided with a model that can be used in future years and that is adaptable to changes in costs and in the organizational structure. A Request for Proposals was issued for this project and the Finance Department recommends entering into a contract with MGT of America Consulting, LLC (MGT) for this engagement, as MGT was determined to be the lowest and best proposer.
The fiscal impact of this ordinance is as follows:
- The total amount of funds requested: $19,800
- The expenditure budget line item: 1001-14100-1122001STDSTD
- New revenue generated (operational revenue, grants, if any): None
- Revenue budget line item (if any): None
- Are funds budgeted in the current fiscal year (yes/no)?: Yes
- Is this a capital project (yes/no)? No
- If yes, is it new or existing (new/existing)? new
- What section of the City’s Strategic Plan does this support:
o Excellence in Basic Services (yes/no) yes
o Quality Community Investment (Livable City, Development) (yes/no) no
o Workplace Culture & Customer Service (yes/no) yes
o Environment (yes/no) no
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to enter into a contract for the development of a cost allocation plan, upon terms and conditions acceptable to the Director of Finance and the Director of Law.
SECTION 2. That the expenditure of an amount not to exceed $19,800 is authorized from the General Fund, Account Code 1001-14100-1122001STDSTD, for the purpose authorized in Section 1.
SECTION 3. That the Finance Director is authorized to draw warrant or warrants against the above account code in an amount not to exceed $19,800 in payment of the above authorized obligations upon presentation of the proper voucher or vouchers.
SECTION 4. That this Ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage. The reason for the emergency lies in the fact that this ordinance is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that this ordinance must be immediately effective in order to timely complete the cost allocation plan for use during 2022 budget development.
Vote on emergency clause: yeas _____, nays _____.
Passed: _________________, as an emergency measure: yeas _____, nays _____.
Attest: ________________________ ____________________________
Clerk of Council President of Council
Approved: _____________________ ____________________________
Mayor
I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ________________________.
Attest: ________________________
Clerk of Council