Bill Type and Number: Ordinance 2007-94

Sponsor: Council President at the request of the Mayor

Date of Introduction: January 23, 2007

Committee(s) of Reference: F

Date of Analysis: January 26, 2007

Type of Action: Appropriation

Bill Summary: The bill appropriates $41,000 from Procurement Department Retained Earnings to Copy Center-Installment Purchases to cover the cost of invoices for printing provided by a contract printer for jobs printed in the last quarter of FY05-06 that were not paid before the fiscal year closed at the end of September 2006.

Background Information: A Transfer Directive was processed and approved in September 2006 to pay for the contract color printing services provided by a vendor, but year-end accounting deadlines caused the fiscal year to close out before the funds could be transferred and the funds lapsed into a fund balance account.

Policy Impact Area: Printing services

Fiscal Impact: Appropriates $41,000 that was approved for transfer to contract costs but not paid out before the fiscal year closed.

Analyst: Clements