Ordinance No. 03-2015
AN ORDINANCE TO AMEND ORDINANCE NO. 16-2014 PROVIDING FOR ADJUSTMENTS OF THE ANNUAL BUDGET FOR THE FISCAL YEAR 2015 AND REVISING SUMS FOR OPERATING EXPENSES
WHEREAS, pursuant to the provisions of Section 2.08 of Article II of the Charter of the Village of Granville, Ohio, the Village Council is authorized to adopt the municipal budget for the fiscal year beginning January 1, 2015 and ending December 31, 2015, and;
WHEREAS, the Finance Director has recommended appropriations to supplement previously made appropriations; and
WHEREAS, adjustments would be made to accommodate the following needs:
- Pathway Reserve Fund - $250,000 – Cherry Valley Road Interchange Project
NOW, THEREFORE, be it ordained by the Council of Granville, Ohio that:
Section I: The annual budget of the Village of Granville, as established by Ordinance No.16-2014, be amended by the Council, as recommended by the Finance Director, and is hereby adopted.
Section II: To provide for operating expenditures during the fiscal year ending December 31, 2015, the following additional appropriations are hereby made to the following funds:
Account Description Additional Appropriation
General Fund Capital Outlay
A1-6-A-250 Street Construction $ 3,680
Pathway Reserve Fund
A7-6-B-250 Capital Outlay $250,000
Section III: This ordinance shall take effect and be in full force upon the earliest date allowed by law.
Passed this 18th day of March, 2015.