City of Cincinnati - File #: 202400408

• File #: 202400408
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 2/2/2024
• In control: Cincinnati City Council
• On agenda: 2/14/2024
• Final action: 2/14/2024
• ORD/RES# date: 2/14/2024
• ORD/RES#: 0055-2024
• Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the transfer of $1,875,000 from the General Fund balance sheet reserve account no. 050x3422, "Deferred Appropriations," to the unappropriated surplus of General Fund 050; and AUTHORIZING the transfer and appropriation of $1,875,000 from the unappropriated surplus of General Fund 050 to the City Manager's General Fund non-personnel operating budget account no. 050x101x7400 to provide one-time funds for the following Financial Freedom Initiatives: Medical Debt Forgiveness ($1,500,000) and Child Savings Accounts ($375,000).
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
2/14/2024	1	Cincinnati City Council	Passed Emergency	Pass
2/14/2024	1	Cincinnati City Council	Emergency clause to remain	Pass
2/14/2024	1	Cincinnati City Council	Suspension of the three readings	Pass
2/12/2024	1	Budget and Finance Committee	Recommend Passage Emergency
2/7/2024	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the transfer of $1,875,000 from the General Fund balance sheet reserve account no. 050x3422, “Deferred Appropriations,” to the unappropriated surplus of General Fund 050; and AUTHORIZING the transfer and appropriation of $1,875,000 from the unappropriated surplus of General Fund 050 to the City Manager’s General Fund non-personnel operating budget account no. 050x101x7400 to provide one-time funds for the following Financial Freedom Initiatives: Medical Debt Forgiveness ($1,500,000) and Child Savings Accounts ($375,000).

recommendation

PASS EMERGENCY