City of Gahanna - File #: ORD-0245-2006

• File #: ORD-0245-2006
• Version: 1
• Name: Supp./App. - Capital Improvement Fund
• Type: Ordinance
• Status: Passed
• File created: 12/4/2006
• In control: Finance Committee
• Final action: 12/18/2006
• Title: SUPPLEMENTAL APPROPRIATION - Capital Improvement Fund
• Indexes: ORDINANCE, SUPPLEMENTAL

Date	Ver.	Action By	Action	Result
12/18/2006	1	City Council	Adopted	Pass
12/11/2006	1	Finance Committee	Recommended for Adoption, Consent
12/4/2006	1	City Council	Introduced,

Title

SUPPLEMENTAL APPROPRIATION - Capital Improvement Fund

Drafter

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Body

WHEREAS, the City received money from Estate Tax that exceeds the planned revenue; and

WHEREAS, it has been the City's practice to transfer any money received from Estate Tax that exceeds the planned revenue to the Capital Improvement Fund for use on capital projects that will benefit the citizens well into the future;

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

Section 1.  That funding in the amount of TWO HUNDRED THIRTY NINE THOUSAND THREE HUNDRED NINETY FIVE DOLLARS ($239,395) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund to Account No. 101.991.5936, Transfer to Capital Improvement Fund.

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 immediately upon passage by this Council and on date of signature approval by the Mayor.