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Legislation Details
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File #:
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202601956
Version:
1
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Type:
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Ordinance
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Status:
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Agenda Ready
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On agenda:
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6/10/2026
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Final action:
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Title:
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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/10/2026, PROVIDING for the transfer and appropriation for the current expenses and other expenditures of the Restricted Revenue Funds of the City in the total amount of $469,348,050, for operating requirements, capital outlay, and debt service for the fiscal year beginning July 1, 2026, and ending June 30, 2027, as specified by this Ordinance and according to the attached Schedules of Appropriation; AUTHORIZING the transfer of $11,760 from the unappropriated surplus of Convention Center Fund 103 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City's FY 2027 General Fund debt service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements; AUTHORIZING the transfer of $800 from the unappropriated surplus of General Aviation Fund 104 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City's FY 2027 General Fund debt service obligatio...
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title
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/10/2026, PROVIDING for the transfer and appropriation for the current expenses and other expenditures of the Restricted Revenue Funds of the City in the total amount of $469,348,050, for operating requirements, capital outlay, and debt service for the fiscal year beginning July 1, 2026, and ending June 30, 2027, as specified by this Ordinance and according to the attached Schedules of Appropriation; AUTHORIZING the transfer of $11,760 from the unappropriated surplus of Convention Center Fund 103 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City’s FY 2027 General Fund debt service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements; AUTHORIZING the transfer of $800 from the unappropriated surplus of General Aviation Fund 104 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City’s FY 2027 General Fund debt service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements; AUTHORIZING the transfer of $106,670 from the unappropriated surplus of Street Construction, Maintenance, and Repair Fund 301 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City’s FY 2027 General Fund debt service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements in the amount of $59,110 and the Early Retirement Incentive Program (“ERIP”) in the amount of $47,560; AUTHORIZING the transfer of $188,140 from the unappropriated surplus of Income Tax-Infrastructure Fund 302 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City’s FY 2027 General Fund debt service obligations related to bonds issued to fund the ERIP; AUTHORIZING the transfer of $38,410 from the unappropriated surplus of Municipal Motor Vehicle License Tax Fund 306 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City’s FY 2027 General Fund debt service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements in the amount of $3,540 and the ERIP in the amount of $34,870; AUTHORIZING the transfer of $19,450 from the unappropriated surplus of County Law Enforcement Applied Regionally (CLEAR) Fund 457 to the unappropriated surplus of Bond Retirement Fund 151 to pay the City’s FY 2027 General Fund debt service obligations related to bonds issued to fund the ERIP; AUTHORIZING the transfers from the unappropriated surplus of Parking System Facilities Fund 102 of $50,000 to reserve account no. 102x3441, “U-Square Garage - Reserve for Capital Projects,” and of $20,000 to reserve account no. 102x3442, “VP3 Garage - Reserve for Capital Projects,” to make contractually obligated payments for repairs to each garage; AUTHORIZING the transfer of $279,000 from the unappropriated surplus of General Aviation Fund 104 to reserve account no. 104x3444, “FAA/ODOT Local Match - Reserve for Capital Projects,” to hold resources needed to fulfill the local match requirement for future capital improvements financed with FAA/ODOT grants awarded to Lunken Airport; AUTHORIZING the City Manager to apply for, accept, and appropriate a formula grant of up to $275,000 from the U.S. Department of Transportation, Federal Transit Administration (ALN 20.507) to provide funding for streetcar operations in FY 2027; AUTHORIZING the City Manager to apply for, accept, and appropriate a formula grant of up to $330,000 from the U.S. Department of Transportation, Federal Transit Administration (ALN 20.525) to provide funding for streetcar operations in FY 2027; AUTHORIZING the Director of Finance to deposit the Federal Transit Administration formula grant funds into Streetcar Operations Fund revenue account no. 455x8554; MODIFYING Chapter 514, “Parking Permits,” of the Cincinnati Municipal Code by AMENDING Section 7, “Permit Types, Qualifications and Fees”; and AMENDING Ordinance No. 349-2024 and Ordinance No. 294-2018, as amended by Ordinances No. 380-2018 and No. 84-2019.
recommendation
BUDGET, FINANCE & GOVERNANCE COMMITTEE
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