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SUPPLEMENTAL APPROPRIATION - CVB, CIC and OHEC
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dj/ils
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WHEREAS, anticipated revenue in the hotel/motel tax receipts have been averaging $34,600 per month in collections, which is more than was anticipated; and
WHEREAS, this upswing in revenue means that our associated expenses to the CIC, CVB and the Ohio Herb Education Center will also be higher than anticipated and additional funds will be needed;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That funding in the amount of FORTY THOUSAND DOLLARS ($40,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund to Account No. 101.356.5456, CVB, Operational Expenses.
Section 2. That funding in the amount of FIVE THOUSAND DOLLARS ($5,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund, to Account No. 101.354.5456, CIC, Operational Expense.
Section 3. That funding in the amount of FIVE THOUSAND DOLLARS ($5,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund, to Account No. 101.354.5457, Ohio Herb Education Center.
Section 4. That ORD-0001-2011, passed January 3, 2011, is hereby amended to reflect this supplemental appropriation.
Section 5. That this ordinance shall be in full force and effect after passage by this Council and on date of signature approval by the Mayor.