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HomeMy WebLinkAboutOrdinance 25-11RECORD OF ORDINANCES gym. Ordinance No. 25 -11 Passed 20_ AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 2011 WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the annual appropriations ordinance be made in order that appropriations are not over expended; and WHEREAS, it is necessary to amend the annual appropriations ordinance to provide funding authorization for certain budget accounts. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, _q_ of the elected members concurring, that: Section 1 . There be appropriated from the unappropriated balance in the General Fund the amount of $815,000. Of the total, $15,000 is to be appropriated to account 101 -1130- 710 -2813 for the purpose of becoming an Associate Sponsor and supporting the newly created "Legends Luncheon — Advancing Pediatric Care," and $800,000 is to be appropriated to account 101 - 1710 - 710 -2825 for the purpose of encouraging construction of subsidized senior housing at 5215 Avery Road within the City of Dublin, Ohio. Section 2. There be appropriated from the unappropriated balance in the Street Maintenance and Repair Fund the amount of $146,000 to account 210 -1320- 770 -2422 for costs related to the use of street salt for snow removal in 2011. Section 3 . There be appropriated from the unappropriated balance in the Hotel/Motel Tax Fund the amount of $125,000 to account 217- 1130 - 740 -2813 for the purpose of supporting events and activities for the PGA TOUR'S 2013 Presidents Cup. Section 4 . This Ordinance shall take effect and be in force in accordance with Section 4.04(a) of the Dublin City Charter. Passed this day of 2011 � 7 / Mayor - Pre &g Officer ATTEST: Clerk of Council CITY OF DUBLIN_ Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017 -1090 Phone: 614 - 410 -4400 • Fax: 614 -410 -4490 To: Members of Dublin City Council From: Marsha Grigsby, City Manager Date: May 5, 2011 Initiated By: Bryan K. Thurman, Deputy Director of Finance Memo Re: Ordinance No. 25 -11- Amending the Annual Appropriations for Fiscal Year Ending December 31, 2011 Summary Ordinance 25 -11 amends the annual appropriations for the fiscal year ending December 31, 2011 in the General Fund, the Street Maintenance and Repair Fund and the Hotel /Motel Tax Fund to provide sufficient funding in certain budget accounts. Section 1 requests additional funding authorization in the total amount of $815,000 in General Fund accounts. The request for additional appropriations of $15,000 in the Community Relations Promotional Programs account is requested as a result of Council's approval, at the February 28, 2011 Council meeting, of becoming an Associate Sponsor and supporting the newly created "Legends Luncheon — Advancing Pediatric Care" event hosted by the Nicklaus Children's Healthcare Foundation and the Memorial Tournament. The event was held on April 18 at the Ohio Statehouse. Additional appropriations of $800,000 are requested for the City's commitment to the capital construction costs for the Avondale Woods Senior Housing Partnership (Avondale Woods) project at 5215 Avery Road. Details of this project are included with Ordinance 24 -11. In compliance with restrictions specified in the Ohio Revised Code, the City will provide loan proceeds from non -tax revenues. Should Council approve these appropriations, disbursement of funds for the Avondale Woods project will be made in accordance with the loan agreement, as authorized by Ordinance 24 -11. Section 2 requests additional funding in the Street Maintenance and Repair Fund for costs related to the purchase of salt for snow removal. As in 2010, the City experienced a higher than normal usage of salt this past winter due to several instances of inclement weather. This request also includes funding to purchase an additional 413 tons of salt at $60.98 per ton to fill the remaining space in the salt barns. This price is only $2.00 above the contracted price included in the 2011 Operating Budget. Due to the significant increase in oil prices, it is anticipated that future salt prices may increase above the current price of $60.98 per ton. Section 3 requests additional appropriations in the Hotel /Motel Tax Fund as a result of Council's approval of a three -year $250,000 in total commitment to support the PGA TOUR'S 2013 Presidents Cup to be held at the Muirfield Village Golf Club. As Council is aware, the $250,000 financial commitment is for 2011, 2012 and 2013, with $25,000 committed in 2011, $100,000 in 2012 and $125,000 in 2013. Funding for 2011 and 2012 is requested with this appropriation, and funding for Memo re. Ordinance No. 25 -11 - Amending the 2011 Annual Appropriations May 5, 2011 Page 2 of 2 2013 will be programmed as part of the Operating Budget process. Other Information As a matter of record, due to the significant increase in the cost of oil, the amount budgeted for fuel in the 2011 Operating Budget will likely be insufficient to cover the increase in fuel costs. As Council is aware, the City also provides fuel for Washington Township and the Dublin City Schools in which the City is reimbursed for the cost of fuel plus administrative fees. As a result of these increases, staff will be bringing a supplemental appropriations request to Council to cover the additional cost of fuel; however, due to the uncertainty and inability to predict future oil prices, staff believes it is prudent to wait to request additional appropriations until more accurate accounting can be provided. Recommendation Staff recommends that Council adopt Ordinance No. 25 -11 at the second reading/public hearing on May 23, 2011.