ORDINANCE NO. 20-26
RENAMING LINE ITEMS FOR FUND 42-00-8-0099-0054 AND FUND 01-15-5-0099-0054 AND AMENDING THE ANNUAL OPERATING BUDGET FOR THE CITY OF IRONTON, STATE OF OHIO, FOR FISCAL YEAR ENDING DECEMBER 31, 2020 AND DECLARING AN EMERGENCY
Sponsored By: Kline
WHEREAS, THE COUNCIL OF THE CITY OF IRONTON, STATE OF OHIO, AMENDED ITS ANNUAL OPERATING BUDGET ON OCTOBER 10, 2019 BY ORDINANCE NO. 19-65; and,
WHEREAS, $85,000.00 WAS ORIGINALLY TRANSFERRED FROM FUND 42-00-8-0099-0054 IN THE GENERAL FUND TO 01-15-5-0099-0054 IN THE STORM WATER UTILITY FUND; and,
WHEREAS, THE COUNCIL OF THE CITY OF IRONTON, STATE OF OHIO, DESIRES TO RENAME THE ACCOUNTS FROM “TRANSFERRED” TO “ADVANCED” FOR AUDITING PURPOSES; and,
WHEREAS, THE COUNCIL OF THE CITY OF IRONTON, STATE OF OHIO, DESIRES TO TRANSFER/ADVANCE THE $85,000.00 FROM THE STORM WATER UTILITY FUND TO THE GENERAL FUND; and,
WHEREAS, THIS TRANSFER/ADVANCE DOES NOT VIOLATE SECTION 5.05 OF THE IRONTON CITY CHARTER SINCE THE $85,000.00 WAS NOT PROVIDED BY A TAX LEVY OR SERVICE CHARGE FOR A SPECIFIC PURPOSE,
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF IRONTON, STATE OF OHIO:
SECTION I: That the name of Fund 42-00-8-0099-0054 be and is hereby changed from “Transferred from General Fund” to “Advanced from General Fund.”
SECTION II: That the name of Fund 01-15-5-0099-0054 be and is hereby changed from “Transferred from Storm Water Utility Fund” to “Advanced from Storm Water Utility Fund.”
SECTION III: That the annual operating budget for the City of Ironton, State of Ohio, be amended to reflect an advance from Storm Water Utility Fund 01-15-5-0099-0054 in the amount of $85,000.00 to General Fund 42-00-8-0099-0554.
SECTION IV: This annual operating budget amendment is amended and adopted to be in compliance with Ohio Revised Code Section 5705.38.
SECTION V: That this Ordinance is hereby declared an emergency measure necessary for the public peace, welfare and safety of the Citizens of the City of Ironton, Ohio.
Adopted this day of , 2020 at Ironton, Ohio.