File #: 202502083    Version: 1
Type: Ordinance Status: Agenda Ready
File created: 11/26/2025 In control: Budget and Finance Committee
On agenda: 12/3/2025 Final action:
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 12/3/2025, AUTHORIZING the transfer of $2,761,207 from the unappropriated surplus of General Fund 050 to the unappropriated surplus of Working Capital Reserve Fund 754 to increase the City's working capital reserve; AUTHORIZING the transfer of $2,478,755 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x2585, "Economic Downturn Reserve," to increase the City's emergency reserve; AUTHORIZING the transfer of $17,763,995 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x2580, "Reserve for Weather Events, Other Emergency and One-Time Needs," to provide resources for unanticipated emergencies, including those caused by unusual weather events, to increase the City's reserve and for one-time needs; AUTHORIZING the transfer and appropriation of $5,000,000 from the unappropriated surplus of General Fund 050 to Department of Community and ...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance

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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 12/3/2025, AUTHORIZING the transfer of $2,761,207 from the unappropriated surplus of General Fund 050 to the unappropriated surplus of Working Capital Reserve Fund 754 to increase the City’s working capital reserve; AUTHORIZING the transfer of  $2,478,755 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x2585, “Economic Downturn Reserve,” to increase the City’s emergency reserve; AUTHORIZING the transfer of $17,763,995 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x2580, “Reserve for Weather Events, Other Emergency and One-Time Needs,” to provide resources for unanticipated emergencies, including those caused by unusual weather events, to increase the City’s reserve and for one-time needs; AUTHORIZING the transfer and appropriation of  $5,000,000 from the unappropriated surplus of General Fund 050 to Department of Community and Economic Development non-personnel operating budget account no. 050x164x7200 to provide resources for the Cincinnati Development Fund to use for affordable housing initiatives; AUTHORIZING the transfer and appropriation of $2,000,000 from the unappropriated surplus of General Fund 050 to the City Manager’s Office fringe benefits operating budget account no. 050x101x7500 to provide a one-time contribution to address the City’s pension obligation to the Cincinnati Retirement System; AUTHORIZING the transfer of $500,000 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x2535, “Reserve for Operating Budget Contingencies,” to provide resources for subsequent appropriation for one-time unforeseen operating needs that arise during the remainder of the current fiscal year; ESTABLISHING new balance sheet reserve account no. 050x2581 within the General Fund 050, "Reserve for Special Events Support," to provide resources for subsequent appropriation by Council for identified one-time support for special events or as part of the next annual budget cycle; AUTHORIZING the transfer of $500,000 from the unappropriated surplus of General Fund 050 to newly established balance sheet reserve account no. 050x2581, “Reserve for Special Events Support,” to provide resources for subsequent appropriation by Council for identified one-time support for special events or as part of the next annual budget cycle; AMENDING Ordinance No. 323-2022 which established balance sheet reserve account no. 050x3440 within the General Fund 050, “Infrastructure and Capital Project Reserve,” to expand the purpose of the balance sheet reserve account to provide resources for identified one-time infrastructure and capital projects for City-owned assets, including but not limited to fleet and other equipment, facilities, and technology; AUTHORIZING the transfer of $1,006,417 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x3440, “Infrastructure and Capital Project Reserve,” to provide resources for subsequent appropriation by Council for identified one-time infrastructure and capital projects for identified urgent needs or as part of the next annual budget cycle; ESTABLISHING new balance sheet reserve account no. 050x2582 within the General Fund 050, "Housing and Economic Development Capital Project Reserve," to provide resources for subsequent appropriation by Council for identified one-time capital or permanent improvement projects supporting housing and economic development for identified urgent needs or as part of the next annual budget cycle; AUTHORIZING the transfer of $1,006,417 from the unappropriated surplus of General Fund 050 to newly established balance sheet reserve account no. 050x2582, “Housing and Economic Development Capital Project Reserve,” to provide resources for subsequent appropriation by Council for identified one-time infrastructure and capital projects supporting housing and economic development for identified urgent needs or as part of the next annual budget cycle; AUTHORIZING the transfer of $1,063,294 from General Fund balance sheet reserve account no. 050x2580, “Reserve for Weather Events, Other Emergency and One-Time Needs,” to the unappropriated surplus of General Fund 050; and AUTHORIZING the transfer and appropriation of $1,063,294 from the unappropriated surplus of General Fund 050 to the City Manager’s Office non-personnel operating budget account no. 050x101x7400 to provide resources for Human Services funding, which was funded in FY 2025 but not encumbered before June 30, 2025.