Legislation Details

File #: ORD-0169-2006    Version: 1 Name: Supp. App. - Retirement
Type: Ordinance Status: Passed
File created: 8/21/2006 In control: City Council
On agenda: Final action: 9/5/2006
Title: SUPPLEMENTAL APPROPRIATION - Retirement Pay
Indexes: ORDINANCE, SUPPLEMENTAL

Title

SUPPLEMENTAL APPROPRIATION - Retirement Pay

 

Drafter

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Body

WHEREAS, when the appropriations were prepared, it was estimated that two employees may retire during 2006, however, three emplyees have retired; and

 

WHEREAS, additional funds are needed in order to properly charge the payouts of retired employees to the retirement pay account;

 

NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:

 

Section 1. That TWENTY-EIGHT THOUSAND TWELVE DOLLARS ($28, 012) is hereby supplementally appropriated from the unappropriated, unencumbered balance of the Reserve for Sick/Vacation Fund to Account No. 750.135.5129, Retirement Pay.

 

Section 2. That ORD-0001-2006, passed January 2, 2006 is hereby amended to reflect this supplemental appropriation.

 

Section 3. That this ordinance shall be in full force and effect after passage by this Council and on date of signature approval by the Mayor.