04-2023 - Q1 Transfers & advances

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1st read & referred to Finance2/21/23; 2nd reading 3/6/23 Baker, Bullock, Kepple, Litten, 14arx, Rader, Shachner . ORDINANCE NO. 04-2023 BY: AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law, authorizing the transfer and advance of certain funds. WHEREAS, as set forth in Section 2.12 of the Third Amended Charter of the City of Lakewood, this Council by a vote of at least two thirds of its members determines that this ordinance is an emergency measure and that it shall take effect immediately, and that it is necessary for the immediate preservation of the public property, health, and safety and to provide for the usual daily operation of municipal departments in that the City must record all financial transactions within the appropriate fiscal period. Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, OHIO: Section 1. That the Director of Finance be and is hereby authorized to make the following transfers: 120231 1st Quarter Fund Transfers Out Transfers In 101 General Fund $ 125,000.00 Special Revenue Funds 250 Office on Aging IIIB $ 100,000.00 530 Winterhurst $ 25,000.00 Debt Service Payments 512 WWTP Improvements $ 450,000.00 301 Debt Service Fund $ 450,000.00 512 WWTP Improvements $ 275,000.00 511 WWTP $ 275,000.00 Fund Advances Out Advances In 240 Community Development Block Grant $ 150,000 241 Emergency Shelter Grant $ 80,000 279 Juvenile Diversion $ 257000 280 FEMA Fund $ 162,075 281 Family to Family $ 370,000 101 General Fund $ 7871075