ORDINANCE NO. _____, SERIES 2022
TITLE
AN ORDINANCE AUTHORIZING YEAR-END OPERATING BUDGET TRANSFERS BETWEEN VARIOUS AGENCIES FOR FISCAL YEAR 2021-2022 AND TO PROVIDE VARIOUS TRANSFERS AS DETAILED HEREIN (AMENDMENT BY SUBSTITUTION).
BODY
SPONSORED BY: COUNCIL MEMBERS BILL HOLLANDER AND KEVIN KRAMER
BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("METRO COUNCIL") AS FOLLOWS:
SECTION I: The following year-end General Fund budget transfers are hereby authorized within the Fiscal Year 2021-2022 Operating Budget:
SECTION II: The sum of $5,316.60 is hereby appropriated to the Office of Management for the purpose of reconciling a general fund balance sheet entry in Fiscal Year 2021-2022.
SECTION III: The sum of $581,744.66 is hereby authorized from the Capital Cumulative Reserve Fund as it relates to interest and surplus property sales in excess of the appropriated funding level for Fiscal Year 2021-2022:
A. Actual earned interest of $34,793.66 in Fiscal Year 2021-2022 relative to the budgeted interest of $100,000, creating a deficit of $65,206.34.
B. Actual surplus property sales of $646,951 in Fiscal Year 2021-2022 relative to the budgeted sales of $0, creating a surplus of $646,951.
C. The net surplus after this adjustment is $581,744.66.
SECTION IV: Part I. Revenues and Funding Sources, of Ordinance 083, Series 2022 is hereby amended as follows:
SECTION V: Part I. E. Chief of Community Building, of Ordinance 083, Series 2022 is hereby amended as follows:
1. PARKS & RECREATION
a. General Operations
General Fund 20,743,000 20,887,000
Agency and Other Receipts 5,943,400
Total - Parks & Recreation 26,686,400 26,830,400
b. Included in E.1.a. above is $100,000 for Parks for All Implementation, $24,000 for a national search for a Parks Director and $20,000 to pursue state funding for proposed regional aquatic center(s).
SECTION VI: P...
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