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26-11 Transfer & advance of funds
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26-11 Transfer & advance of funds
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Last modified
5/14/2013 3:20:57 PM
Creation date
6/24/2011 7:54:54 AM
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Office Of Council
Document Type
Ordinances
Date Adopted
6/20/2011
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PLACED ON 1ST READING & REFERRED TO THE <br />FINANCE COMMITTEE 5/16/11. <br />PLACED ON 2ND READING 6/6/11. <br />ORDINANCE N0. 26-11 <br />BY: Anderson, Bullock, Juris, Madigan, <br />Powers, Nowlin, Smith. <br />AN ORDINANCE to take effect immediately provided it received the affirmative <br />vote of at least five (5) members of Council or otherwise, to take effect and be in force <br />after the earliest period allowed by law to authorize the transfer and advance of certain <br />funds. <br />WHEREAS, this Council by a vote of at least five (5) of its members determines <br />that this ordinance is an emergency measure, and that this ordinance shall take effect <br />at the earliest date possible as set forth in ARTICLE III, SECTONS 10 and 13 of the <br />SECOND AMENDED CHARTER OF THE CITY OF LAKEWOOD, and that it is necessary for <br />the immediate preservation of the public property, health and safety, and to provide for <br />the usual daily operation of municipal departments in that the City must appropriate <br />and record all financial transactions within the appropriate fiscal period. Now therefore, <br />BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO <br />Section 1. That the Director of Finance be and is hereby authorized to make <br />the following transfers: <br />2011 <br />2nd Quarter <br />Fund Transfers Out <br />101 General Fund $ 244,650 <br />Special Revenue Funds <br />250 Office on Aging IIIB <br />Internal Service Funds <br />600 Hospitalization <br />601 Workers' Compensation <br />Debt Service Payment s <br />220 Police Pension $ 51,500 <br />221 Fire Pension $ 56,250 <br />101 General Fund (HB 300 Lease) $ 56,090 <br /> SCMR (HB 300 & Capital <br />211 Lease) $ 37,500 <br /> Lakewood Hosptl (HB 300 <br />260 Lease) $ 300 <br />501 Water (HB 300 Lease) $ 3,813 <br />510 WWC (HB 300 Lease) $ 800 <br />511 ~WWTP (HB 300 Lease) $ 18,750 <br />Transfers In <br />$ 191,410 <br />$ 45,055 <br />$ 8,185 <br />
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