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SUPPLEMENTAL APPROPRIATION - Tax Payments TIZ
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WHEREAS, while reconciling the TIZ Escrow Fund, it was discovered that a historical expense was paid for out of the TIZ Escrow fund and should have been paid out of the General Fund; and
WHEREAS, the Deputy Director of Finance has requested funding be placed in the General Fund Tax Payments account to offset these expenses when they are appropriately reversed out of the TIZ Escrow fund;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That funding in the amount of THIRTY FOUR THOUSAND SEVEN HUNDRED SIXTY DOLLARS ($34,760) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund to Account No. 101.135.5299, Tax Payments.
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.