File #: 202301581    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/2/2023 In control: Cincinnati City Council
On agenda: 6/14/2023 Final action: 6/14/2023
ORD/RES# date: 6/14/2023 ORD/RES#: 0204-2023
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/7/2023, PROVIDING for the appropriation for the current expenses and other expenditures of the Restricted Revenue Funds of the City of Cincinnati in the total amount of $507,906,990, specifically from the Water Works Fund; the Parking System Facilities Fund; the Convention Center Fund; the General Aviation Fund; the Municipal Golf Fund; the Stormwater Management Fund; the Bond Retirement Fund; the Street Construction, Maintenance, and Repair Fund; the Income Tax-Infrastructure Fund; the Parking Meter Fund; the Municipal Motor Vehicle License Tax Fund; the Sawyer Point Fund; the Recreation Special Activities Fund; the Cincinnati Riverfront Park Fund; the Hazard Abatement Fund; the 9-1-1 Cell Phone Fees Fund; the Safe and Clean Fund; the Community Health Center Activities Fund; the Cincinnati Health District Fund; the Cincinnati Area Geographic Information System (CAGIS) Fund; the Streetcar Operations Fund; and the ...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Attachment I, 4. Attachment II, 5. 204-2023, 6. 204-2023 T

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/7/2023, PROVIDING for the appropriation for the current expenses and other expenditures of the Restricted Revenue Funds of the City of Cincinnati in the total amount of $507,906,990, specifically from the Water Works Fund; the Parking System Facilities Fund; the Convention Center Fund; the General Aviation Fund; the Municipal Golf Fund; the Stormwater Management Fund; the Bond Retirement Fund; the Street Construction, Maintenance, and Repair Fund; the Income Tax-Infrastructure Fund; the Parking Meter Fund; the Municipal Motor Vehicle License Tax Fund; the Sawyer Point Fund; the Recreation Special Activities Fund; the Cincinnati Riverfront Park Fund; the Hazard Abatement Fund; the 9-1-1 Cell Phone Fees Fund; the Safe and Clean Fund; the Community Health Center Activities Fund; the Cincinnati Health District Fund; the Cincinnati Area Geographic Information System (CAGIS) Fund; the Streetcar Operations Fund; and the County Law Enforcement Applied Regionally (CLEAR) Fund, for operating requirements, capital outlay, and debt service for the fiscal year beginning July 1, 2023 and ending June 30, 2024; AUTHORIZING the transfer of $12,620 from the unappropriated surplus of the Convention Center Fund to the unappropriated surplus of the Bond Retirement Fund to pay the City’s FY 2024 General Fund Debt Service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements; AUTHORIZING the transfer of $860 from the unappropriated surplus of the General Aviation Fund to the unappropriated surplus of the Bond Retirement Fund to pay the City’s FY 2024 General Fund Debt Service obligations related to bonds issued to fund Public Building Improvement Bonds for energy improvements; AUTHORIZING the transfer of $108,670 from the unappropriated surplus of the Street Construction, Maintenance, and Repair Fund to the unappropriated surplus of the Bond Retirement Fund to pay the City’s FY 2024 General Fund Debt Service obligations of $61,100 related to bonds issued to fund Public Building Improvement Bonds for energy improvements and of $47,570 for bonds related to the Early Retirement Incentive Program (“ERIP”); AUTHORIZING the transfer of $764,060 from the unappropriated surplus of the Income Tax-Infrastructure Fund to the unappropriated surplus of the Bond Retirement Fund to pay the City’s FY 2024 General Fund Debt Service obligations of $575,900 related to bonds issued to fund Public Building Improvement Bonds and of $188,160 for bonds related to the ERIP; AUTHORIZING the transfer of $38,530 from the unappropriated surplus of the Motor Vehicle License Tax Fund to the unappropriated surplus of the Bond Retirement Fund to pay the City’s FY 2024 General Fund Debt Service obligations of $3,660 related to bonds issued to fund Public Building Improvement Bonds and of $34,870 to fund bonds related to the ERIP; AUTHORIZING the transfer of $19,450 from the unappropriated surplus of the County Law Enforcement Applied Regionally (CLEAR) Fund to the unappropriated surplus of the Bond Retirement Fund to pay the City’s FY 2024 General Fund Debt Service obligations related to bonds issued to fund the ERIP; AUTHORIZING the transfer of $50,000 from the unappropriated surplus of the Parking System Facilities Fund to reserve account 102x3441 “U-Square Garage - Reserve for Capital Projects,” the transfer of $20,000 from the unappropriated surplus of the Parking System Facilities Fund to reserve account 102x3442 “VP3 Garage - Reserve for Capital Projects,” and the transfer of $20,000 from the unappropriated surplus of the Parking System Facilities Fund to reserve account 102x3443 “Hampton Inn Garage - Reserve for Capital Projects,” to make contractually obligated payments for repairs for each identified garage; AUTHORIZING the City Manager to apply for, accept, and appropriate a formula grant of up to $300,000 from the U.S. Department of Transportation, Federal Transit Administration (ALN 20.507) to provide funding for streetcar operations in FY 2024; and AUTHORIZING the Director of Finance to deposit the Federal Transit Administration formula grant funds into Streetcar Operations Fund 455.

recommendation

PASS EMERGENCY