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File #:
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202501221
Version:
1
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Type:
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Ordinance
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Status:
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Pass Emergency
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On agenda:
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6/18/2025
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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 6/11/2025, AUTHORIZING the transfer and return of $7,224,948 to the unappropriated surplus of General Fund 050 in accordance with the attached Schedule of Transfer Part A; AUTHORIZING the transfer of $7,224,948 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x3422, "Discretionary Reserve," to preserve resources for commitments made in FY 2025 that will be fulfilled in FY 2026; AUTHORIZING the transfer and return of $7,224,948 from balance sheet reserve account no. 050x3422, "Discretionary Reserve," to the unappropriated surplus of General Fund 050 effective July 1, 2025; AUTHORIZING the transfer and appropriation of $7,224,948 from the unappropriated surplus of General Fund 050 to various operating budget accounts in accordance with the attached Schedule of Transfer Part B effective July 1, 2025, to provide resources for various programs and services approved by Council ...
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title
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/11/2025, AUTHORIZING the transfer and return of $7,224,948 to the unappropriated surplus of General Fund 050 in accordance with the attached Schedule of Transfer Part A; AUTHORIZING the transfer of $7,224,948 from the unappropriated surplus of General Fund 050 to balance sheet reserve account no. 050x3422, “Discretionary Reserve,” to preserve resources for commitments made in FY 2025 that will be fulfilled in FY 2026; AUTHORIZING the transfer and return of $7,224,948 from balance sheet reserve account no. 050x3422, “Discretionary Reserve,” to the unappropriated surplus of General Fund 050 effective July 1, 2025; AUTHORIZING the transfer and appropriation of $7,224,948 from the unappropriated surplus of General Fund 050 to various operating budget accounts in accordance with the attached Schedule of Transfer Part B effective July 1, 2025, to provide resources for various programs and services approved by Council in FY 2025; and AUTHORIZING the expenditure of $150,000 in local matching resources for Ohio Department of Development Brownfield Remediation grants that The Port of Greater Cincinnati Development Authority applied for to expand the area-wide urban setting designation in the east, north, and west regions, in the amount of $50,000 each.
recommendation
PASS EMERGENCY
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