202501923
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/29/2025, AUTHORIZING the City Manager to accept and appropriate proceeds of $3,238,784.59 from the FY 2026 sale of renewable energy certificates (“RECs”) as follows: $647,756.92 to General Fund 050, $1,198,350.30 to Metropolitan Sewer District of Greater Cincinnati Fund 701, and $1,392,677.37 to Water Works Fund 101; AUTHORIZING the Director of Finance to deposit the REC proceeds as follows: $647,756.92 into General Fund revenue account no. 050x8962, $1,198,350.30 into Metropolitan Sewer District of Greater Cincinnati Fund revenue account no. 701x8962, and $1,392,677.37 into Water Works Fund revenue account no. 101x8962; and AUTHORIZING the transfer of $647,756.92 from the unappropriated surplus of General Fund 050 to the unappropriated surplus of Revolving Energy Loan Fund 883 so that the resources may be reinvested into other City energy projects.
- Committee
- Cincinnati City Council
- Requested by
- Budget and Finance Committee
- Introduced
- October 24, 2025
- On agenda
- November 13, 2025
- Passed
- November 13, 2025
- Enacted
- November 13, 2025
- Enactment no.
- 0350-2025