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New Business

City Council Special Meeting

Finance

Meeting Date:

12/15/2022

Supplemental Appropriations

Submitted By:

Jim Bell

Department:

Division:

Accounting

Council Committee Review?:

Council Work Session

Date(s) of Committee Review:

12/06/2022

Audio-Visual Needs:

None

Legal Review:

Emergency Legislation?:

Motion/Ordinance/
Resolution No.:

2022-O-2565

Agenda Item Description or Legislation Title

An Ordinance Authorizing Advances And Transfers Between Various Funds Of The City Of Huber Heights, Ohio And Amending Ordinance No. 2021-O-2511 By Making Supplemental Appropriations For Expenses Of The City Of Huber Heights, Ohio For The Period Beginning January 1, 2022 And Ending December 31, 2022.
(first reading)

Purpose and Background

The supplemental appropriations are for the following purposes:

- $56,461.40 transfer from FEMA Fund to Fire Fund for federal funds to be received in reimbursement of Fire overtime for deployment for Kentucky flooding and Hurricane Ian.
- $1,000,000 return of advance back to the General Fund for the initial funding of the Veterans Memorial construction project, prior to receipt of the bond proceeds.
- $116,000 to cover the differences in Aquatic Center revenues and expenses.
- $50,000 reduction in operating expenses in the Parks Division.
- $66,000 reduction in operating expenses of the Rose Music Center.
- $50,000 for repair/replacement costs of traffic control box at intersection of SR202 and Longford.
- $30,000 for purchase of land to build a City road.
- $30,000 for purchase of land for economic development purposes.

Fiscal Impact

Source of Funds:

Various Funds

Cost:

$80,000

Recurring Cost? (Yes/No):

Funds Available in Current Budget? (Yes/No):

Yes

Financial Implications:

The return of Advance from Capital Improvement Fund to General Fund is revenue that was received from a bond issuance. The transfer from the FEMA Fund to Fire Fund is for federal funds that are anticipated to be received in December. These two costs are net neutral for fiscal impact to the budget.

Attachments

Ordinance

2022-O-2565