City of Cincinnati - File #: 202301746

• File #: 202301746
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 6/13/2023
• In control: Cincinnati City Council
• On agenda: 6/14/2023
• Final action: 6/14/2023
• ORD/RES# date: 6/14/2023
• ORD/RES#: 0207-2023
• Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/14/2023, AUTHORIZING the transfer of $2,497,500 within General Fund 050 appropriations, from and to various operating accounts and the unappropriated surplus of General Fund 050 according to Schedule A of the attached Schedules of Transfer, to implement Council's recommended changes to the FY 2024 General Fund Operating Budget to reallocate non-personnel funding in Council Office budgets to personnel funding and to provide funding as follows: one-time leveraged support to CincyTech - $125,000; one-time leveraged support to Cintrifuse - $25,000; one-time leveraged support to Cincinnati Works - $50,000; and one-time leveraged support to Film Cincinnati - $50,000; ESTABLISHING new balance sheet reserve account no. 050x3422, "Deferred Appropriations," within the General Fund; AUTHORIZING the transfer of $2,125,000 from the General Fund unappropriated surplus to balance sheet reserve account no. 050x3422, "Deferred App...
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
6/14/2023	1	Cincinnati City Council	Passed Emergency	Pass
6/14/2023	1	Cincinnati City Council	Emergency clause to remain	Pass
6/14/2023	1	Cincinnati City Council	Suspension of the three readings	Pass
6/14/2023	1	Budget and Finance Committee	Recommend Passage Emergency	Pass

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/14/2023, AUTHORIZING the transfer of $2,497,500 within General Fund 050 appropriations, from and to various operating accounts and the unappropriated surplus of General Fund 050 according to Schedule A of the attached Schedules of Transfer, to implement Council’s recommended changes to the FY 2024 General Fund Operating Budget to reallocate non-personnel funding in Council Office budgets to personnel funding and to provide funding as follows: one-time leveraged support to CincyTech - $125,000; one-time leveraged support to Cintrifuse - $25,000; one-time leveraged support to Cincinnati Works - $50,000; and one-time leveraged support to Film Cincinnati - $50,000; ESTABLISHING new balance sheet reserve account no. 050x3422, “Deferred Appropriations,” within the General Fund; AUTHORIZING the transfer of $2,125,000 from the General Fund unappropriated surplus to balance sheet reserve account no. 050x3422, “Deferred Appropriations,” to preserve resources for Financial Freedom Initiatives for Fiscal Year 2024; AUTHORIZING the transfer and return to source of $250,000 from capital improvement program project account no. 980x243x242419, “Convention Center Improvements,” to the unappropriated surplus of General Fund 050; AUTHORIZING the establishment of certain capital improvement program project accounts for inclusion in the Capital Improvement Program and Budget for Fiscal Year 2024; and AUTHORIZING the transfer and appropriation of $450,000 from the unappropriated surplus of various Funds to capital improvement program project accounts to provide resources for certain capital improvement program project accounts according to Schedule B of the attached Schedules of Transfer.

recommendation

PASS EMERGENCY