202401671

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/12/2024, AUTHORIZING the establishment of certain capital improvement program project accounts for inclusion in the Capital Improvement Program and Budget for Fiscal Year 2025, to be financed in the amounts and from the sources set forth in Schedule C and Schedule D of the attached Schedules of Transfer; AUTHORIZING the transfer and return to source of $3,250,000 from various General Capital Budget capital improvement program project accounts to close out or decrease certain existing capital improvement program project accounts according to Schedule A of the attached Schedule of Transfer; AUTHORIZING the transfer and return to source of $1,000,000 from various General Capital Budget capital improvement program project accounts to close out or decrease certain existing capital improvement program project accounts according to Schedule B of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $1,610,000 from the unappropriated surplus of various General Capital Funds to new or existing capital improvement program project accounts to provide resources for certain capital improvement program project accounts, according to Schedule C of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $1,000,000 from the unappropriated surplus of various General Capital Funds to existing capital improvement program project accounts to provide resources for certain capital improvement program project accounts, according to Schedule D of the attached Schedule of Transfer; AUTHORIZING the re-allocation of $150,000 of existing funds within capital improvement program project account no. 980x203x252000, “Park Infrastructure Rehabilitation,” from the Washington Park Masonry and Concrete Repairs sub-project to a new sub-project for Glenway Park Accessible Playground Equipment; AUTHORIZING the transfer of $60,000 from General Fund balance sheet reserve account no. 050x2535, “Reserve for Operating Budget Contingencies,” to the unappropriated surplus of General Fund 050; AUTHORIZING the transfer of $2,080,000 within the General Fund, from and to various operating accounts and the unappropriated surplus of the General Fund according to Schedule E of the attached Schedule of Transfer to implement Council’s recommended changes to the FY 2025 General Fund Operating Budget Update to provide funding as follows: one-time Major Events funding - $850,000; one-time Place-Based Initiatives funding - $160,000; one-time Housing Stability and Tenant Protection funding - $440,000; and one-time leveraged support funding for various organizations - $630,000; AUTHORIZING the re-allocation of $75,000 of existing funds within the General Fund for the Neighborhood Support Program to Invest in Neighborhoods for leveraged support funding; and further DECLARING certain projects to be for a public purpose, all to carry out the Capital Improvement Program.

Ordinance Passed Emergency Introduced June 12, 2024

Where it was heard