Label
2023 Mid-Year Budget Adjustments
Finance
M. Campbell (x1252)
Revised
Title
Authorizing appropriations and budget adjustments within the 2023 Approved Operating and Capital Improvement Budgets; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This ordinance authorizes various appropriations and budget adjustments to the 2023 approved budget. The attached Schedule A outlines the adjustments, including the impacted funds and departments. Subsequent legislation will be presented to authorize the expenditure of funds authorized in this ordinance.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the appropriations and budget adjustments outlined in the attached Schedule A are authorized to amend the 2023 approved operating and Capital Improvement budgets.
SECTION 2. That this ordinance is declared to be an emergency measure and shall take effect and be in force immediately from and after its passage. The reason for the emergency lies in the fact that the same is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that it must be immediately effective to provide accurate budgetary control within the various city funds.
Vote on emergency clause: yeas 12, nays 0.
Passed: August 15, 2023, as an emergency measure: yeas 12, nays 0.
Attest:
Gerald E. Dendinger Matt Cherry
Clerk of Council President of Council
Approved: August 15, 2023
Wade Kapszukiewicz
Mayor