Budget, Finance & Governance Committee

Council Chambers, Room 300

Agenda — 6 items

1. 1 ROLL CALL
2. 4 AGENDA
3. 1. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/12/2024, AUTHORIZING the transfer of $100,000 from Department of Transportation and Engineering General Fund non-personnel operating budget account no. 050x231x7200 to City Manager’s Office General Fund non-personnel operating budget account no. 050x101x7400 to provide one-time leveraged support resources for the Cincinnati Youth Collaborative, effective July 1, 2024. (VICE MAYOR KEARNEY IS EXCUSED FROM VOTING ON THIS ITEM) 202401669 Recommend Passage Emergency Pass
4. 2. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/12/2024, AUTHORIZING an increase in funding to the Supporting, Securing, and Stabilizing Housing for High-Risk Populations human services priority for FY 2025, bringing the total allocation to $1,391,803.20, notwithstanding Section 2 of Ordinance No. 17-2023 which established the City of Cincinnati’s human services funding priorities for Fiscal Year 2024 and subsequent Fiscal Years; and AUTHORIZING that $2,244,884.02, currently in the City Manager’s Office General Fund non-personnel operating budget account no. 050x101x7400 for human services funding, shall remain unencumbered to provide additional resources for the human services priority of Supporting, Securing, and Stabilizing Housing for High-Risk Populations until further guidance is provided by Council, notwithstanding Sections 1 and 2 of Ordinance No. 17-2023 which established the City of Cincinnati’s human services funding priorities for Fiscal Year 2024 and subsequent Fiscal Years. 202401670 Recommend Passage Pass
5. 3. 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. 202401671 Recommend Passage Emergency Pass
6. 10 ADJOURNMENT