File #: ORD-0175-2011    Version: 1 Name: Supp./App. - Retirement Pay
Type: Ordinance Status: Passed
File created: 9/6/2011 In control: City Council
On agenda: Final action: 9/19/2011
Title: SUPPLEMENTAL APPROPRIATION - Retirement Pay
Indexes: ORDINANCE, SUPPLEMENTAL
Title
SUPPLEMENTAL APPROPRIATION - Retirement Pay
 
Drafter
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Body
WHEREAS, every year an amount is set aside within the appropriations to pay the unused sick and vacation balances to retiring or resigning employees; and
 
WHEREAS, this year we have had more pay outs than anticipated resulting in the need for additional funds;
 
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
 
Section 1.  That funding in the amount of ONE HUNDRED SEVENTY FOUR THOUSAND DOLLARS ($174,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the Reserve for Sick/Vacation Fund to Account No. 750.135.5126, Retirement Pay.
 
Section 2.  That ORD-0001-2011, passed January 3, 2011, 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.