202600894

ORDINANCE (EMERGENCY), submitted by Mayor Aftab Pureval, from Emily Smart Woerner, City Solicitor, AUTHORIZING the transfer and return to source of $50,000,000 from General Fund balance sheet reserve account no. 050x3421, “Income Tax Reserve for Refunds,” to the unappropriated surplus of General Fund 050; and AUTHORIZING the transfer and appropriation of $50,000,000 from the unappropriated surplus of General Fund 050 to City Manager’s Office fringe benefit operating budget account no. 050x101x7500 to provide resources for a one-time payment, upon receipt of appropriate court orders, to the Cincinnati Retirement System to reduce the City’s unfunded pension liability. (COUNCILMEMBER NOLAN EXCUSED FROM THIS ITEM)

Ordinance Passed Emergency Introduced February 17, 2026

Where it was heard