File #: O-498-21    Version: 1 Name:
Type: Ordinance Status: Second Reading
File created: 9/2/2021 In control: Finance Department
On agenda: 10/12/2021 Final action: 10/12/2021
Title: Authorizing appropriations and budget adjustments within the 2021 Approved Operating and Capital Improvement Budgets; and declaring an emergency.
Attachments: 1. Schedule A, 2. Audio: Agenda Review 9/21/2021

Label

2021 Fall Budget Adjustments

Finance

M. Campbell (x1252)

 

Title

Authorizing appropriations and budget adjustments within the 2021 Approved Operating and Capital Improvement Budgets; and declaring an emergency.

 

Body

SUMMARY & BACKGROUND:

This ordinance authorizes various appropriations and budget adjustments to the 2021 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.

 

The fiscal impact of this ordinance is as follows:

-                     The total amount of funds requested: $ across all funds

-                     The expenditure budget line item: Multiple line items - please see attached schedule

-                     New revenue generated (operational revenue, grants, if any): none

-                     Revenue budget line item (if any): Please see attached schedule

-                     Are funds budgeted in the current fiscal year (yes/no)?: no - these are new appropriations or changes within the existing budget

-                     Is this a capital project (yes/no)?  there are both operating and capital items proposed in this legislation

-                     If yes, is it new or existing (new/existing)? existing

-                     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) yes

o                     Workplace Culture & Customer Service (yes/no) yes

o                     Environment (yes/no) yes

 

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 2021 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:  September 28, 2021, as an emergency measure:  yeas 12, nays 0.

 

Attest:                                          

Gerald E. Dendinger                                          Matt Cherry

Clerk of Council                                          President of Council

 

Approved:                                                               September 28, 2021

Wade Kapszukiewicz

                                                                                    Mayor