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Budget, Finance & Governance Committee

February 12, 2024 ·1:00 PM Final

Council Chambers, Room 300

Agenda PDF Minutes PDF Official record ↗

Agenda — 19 items

  1. 1 ROLL CALL
  2. 3 The meeting began at 1:03 p.m. and ended at 1:35 p.m. VM Kearney arrived at 1:05 p.m. and CM Parks arrived at 1:07 p.m. Also in attendance were Erica Faarborg from Law, Karen Alder from Finance and Dr Andrew Dudas from Budget.
  3. 5 AGENDA
  4. 7 TRANSFERS AND APPROPRIATIONS
  5. 1. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the transfer of $1,875,000 from the General Fund balance sheet reserve account no. 050x3422, “Deferred Appropriations,” to the unappropriated surplus of General Fund 050; and AUTHORIZING the transfer and appropriation of $1,875,000 from the unappropriated surplus of General Fund 050 to the City Manager’s General Fund non-personnel operating budget account no. 050x101x7400 to provide one-time funds for the following Financial Freedom Initiatives: Medical Debt Forgiveness ($1,500,000) and Child Savings Accounts ($375,000). 202400408 Recommend Passage Emergency
  6. 9 FUND AMENDMENTS
  7. 2. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AMENDING Ordinance No. 72-1994, which established Vacant Building Maintenance Fund 347 and identified revenue sources and permissible uses of the fund’s resources, as subsequently amended by Ordinance Nos. 294-2007, 273-2012, 102-2017, and 436-2019, which cumulatively changed the name of the fund to Hazard Abatement Fund 347 and expanded the fund’s revenue sources and permissible uses, to further expand the permissible revenue sources for Hazard Abatement Fund 347 to include federal, state, local, and private grant resources. 202400418 Recommend Passage Emergency
  8. 11 GRANTS AND DONATIONS
  9. 3. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the City Manager to accept and appropriate grant resources of up to $615,000 from the Ohio Department of Development through the Hamilton County Land Reutilization Corporation to the Department of Buildings and Inspections Hazard Abatement Fund non-personnel operating budget account no. 347x212x7600 to reimburse the Department of Buildings and Inspections for building demolition and site revitalization projects; and AUTHORIZING the Director of Finance to deposit the grant resources into Hazard Abatement Fund 347 revenue account no. 347x8538. 202400411 Recommend Passage Emergency
  10. 4. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, ESTABLISHING new capital improvement program project account no. 980x236x242385, “Streetcar Track 5 Extension - OTP2 Grant,” to provide resources for additional streetcar vehicle parking; AUTHORIZING the City Manager to accept a grant of up to $975,000 from the Ohio Department of Transportation Ohio Transit Partnership Program (“OTP2”) (ALN 20.205) to provide resources for preventative maintenance, equipment, and facility and technology upgrades for the streetcar system; AUTHORIZING the appropriation of up to $900,000 in OTP2 grant resources to newly established capital improvement program project account no. 980x236x242385, “Streetcar Track 5 Extension - OTP2 Grant”; AUTHORIZING the Director of Finance to deposit up to $900,000 in OTP2 grant resources into capital improvement program project account no. 980x236x242385, “Streetcar Track 5 Extension - OTP2 Grant”; AUTHORIZING the appropriation of up to $75,000 in OTP2 grant resources to Streetcar Operations Fund non-personnel operating budget account no. 455x236x7200 to provide streetcar preventative maintenance support; AUTHORIZING the Director of Finance to deposit up to $75,000 in OTP2 grant resources into Streetcar Operations Fund 455 revenue account no. 455x8554; AUTHORIZING the City Manager to accept and appropriate grant resources of up to $272,136 from the Federal Transit Administration Urbanized Area Formula Funding (“FTA UAFF”) program (49 U.S.C. 5307) (ALN 20.507) to Streetcar Operations Fund non-personnel operating budget account no. 455x236x7200 to provide resources for streetcar preventative maintenance support; AUTHORIZING the Director of Finance to deposit up to $272,136 in FTA UAFF grant resources into Streetcar Operations Fund 455 revenue account no. 455x8554; and AUTHORIZING the City Manager to enter into any agreements necessary for the receipt and administration of these grant resources. 202400417 Recommend Passage
  11. 5. ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AMENDING Ordinance No. 182-2023 to add a schedule of water main and private lead service line branch-only replacement projects to be funded by Water Supply Revolving Loan Account loan funding from the Ohio Environmental Protection Agency and the Ohio Water Development Authority, including the Fairview, Graham, Probasco water main project. 202400414 Recommend Passage
  12. 6. ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AMENDING Ordinance No. 181-2023 to add a schedule of water main projects to be funded by Water Supply Revolving Loan Account loan funding from the Ohio Environmental Protection Agency and the Ohio Water Development Authority, including the Fairview, Graham, Probasco water main project. 202400415 Recommend Passage
  13. 7. ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the City Manager to accept and appropriate a donation of $70,190 from the Cincinnati Recreation Foundation to fund scholarships for participants enrolled in the Cincinnati Recreation Commission’s summer day camp between June 5, 2023, and August 11, 2023; and AUTHORIZING the Director of Finance to deposit the donated resources into Recreation Special Activities Fund 323 revenue account no. 323x8571. 202400419 Recommend Passage
  14. 8. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the City Manager to accept donations of in-kind contributions from the Cincinnati business community, individual benefactors, and other appropriate sources valued individually at up to $5,000 to support City of Cincinnati programming and services. 202400416 Recommend Passage Emergency
  15. 18 CAPITAL SUNSET
  16. 9. ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/7/2024, AUTHORIZING the establishment of capital improvement program project account nos. 980x162x241603, “Strategic Housing Initiatives Program SHPIF,” to provide resources for property acquisition in support of future housing construction, the rehabilitation or new construction of market rate, workforce, and affordable rental and home ownership units, as well as permanent supportive housing; 980x164x241619, “Wellington Place & Glencoe ROW Improvements,” to provide resources for right of way improvements at the former Inwood/Glencoe Village complex; 980x203x242005, “Piatt Park Improvements,” to provide resources for improvements to lighting, pavers, water fountains, and other assets necessary to stabilize infrastructure located at Piatt Park; and 980x203x242006, “Sawyer Point Park Gateway,” to provide resources to design the restoration of the Sawyer Point Gateway and entrance area and to improve accessibility; AUTHORIZING the establishment of permanent improvement project account nos. 758x101x241046, “Conf. Room Furniture, Fixtures, & Equipment,” to provide resources for furniture, fixtures, and equipment necessary for technical improvements to conference room space including, but not limited to, Room 115 of City Hall; and 758x239x242353, “Renaissance Lot Adjacent Lighting,” to provide resources for the acquisition and installation of lighting adjacent to the Renaissance Parking Lot; AUTHORIZING the redirection of the total of $100,181.03 in Cincinnati Board of Park Commissioners Private Endowment Funds from the various capital improvement program project accounts to the unappropriated surplus of Parks Private Endowment and Donations Fund 430 as follows: $7,154.83 from 980x203x172010, “Ault Park Improvements”; $574.03 from 980x203x182014, “Hauck Garden Improvements”; $6,809.50 from 980x203x182010, “Mt. Airy Forest Improvements”; $4,868.75 from 980x203x182012, “Mt. Echo Improvements”; and $80,773.92 from 980x203x182013, “Piatt Park Improvements,” to close out or decrease certain existing capital improvement program project accounts; AUTHORIZING the redirection of the sum of $85,040.29 in State of Ohio Capital Budget resources from capital improvement program project account no. 980x203x182019, “Stanbery Park Pavilion - State of Ohio Capital,” to capital improvement program project account no. 980x203x202009, “Kyle Plush Pavilion,” to close out or decrease capital improvement program project account no. 980x203x182019, “Stanbery Park Pavilion - State of Ohio Capital”; AUTHORIZING the transfer and return to source of $6,582,448.71 from various General Capital Budget capital improvement program project accounts to close out or decrease certain existing capital improvement program project accounts according to Section A of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $5,586,325.30 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 Section B of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $829,820.53 from the unappropriated surplus of Income Tax Permanent Improvement Fund 758 to new or existing permanent improvement project accounts to provide resources for certain permanent improvement project accounts according to Section C of the attached Schedule of Transfer; AUTHORIZING the transfer and return to source of $1,669,752.39 from various Restricted and Special Revenue Funds capital improvement program project accounts to close out or decrease certain existing capital improvement program project accounts according to Section D of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $771,955.26 from the unappropriated surplus of various Restricted and Special Revenue Funds to new or existing capital improvement program project accounts to provide resources for certain capital improvement program project accounts according to Section E of the attached Schedule of Transfer; AUTHORIZING the transfer and return to source Funds 107 and 846 of $5,778,675.77 from various Restricted Funds capital improvement program project accounts to close out or decrease certain existing capital improvement program project accounts according to Section F of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $5,572,817.19 from the unappropriated surplus of Restricted Capital Funds 107 and 846 to existing capital improvement program project accounts to provide resources for certain capital improvement program project accounts according to Section G of the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of $17,302.88 from the unappropriated surplus of the General Fund to the Cincinnati Recreation Commission’s non-personnel operating budget account no. 050x199x7300 for equipment needed to facilitate credit card transactions; and further DECLARING certain projects to be for a public purpose, all for the purpose of carrying out the Capital Improvement Program. 202400420 Recommend Passage Emergency
  17. 20 REPORTS
  18. 10. REPORT, dated 2/7/2024, submitted Sheryl M. M. Long, City Manager, regarding the Finance and Budget Monitoring Report for the Period Ending November 30, 2023. 202400401 Filed
  19. 22 ADJOURNMENT