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File #: ORD. 2021-220    Version: 1 Name:
Type: Ordinance Status: Regular Agenda
File created: 7/27/2021 In control: City Council
On agenda: 9/27/2021 Final action:
Title: To amend Ord. No. 2021-105, adopted May 10, 2021, which provided that the Director of Finance shall credit all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise, provided pursuant to the American Rescue Plan Act of 2021 to a special reserve assigned for purposes authorized by such Act, to instead provide that such funds shall be recorded in the general ledger, to be managed in the Projects and Grants Module in the City's enterprise resource planning system.
Patrons: Mayor Stoney
Attachments: 1. Ord. No. 2021-220

Title

To amend Ord. No. 2021-105, adopted May 10, 2021, which provided that the Director of Finance shall credit all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise,  provided pursuant  to the American Rescue Plan Act of 2021 to a special reserve assigned for purposes authorized by such Act, to instead provide that such funds shall be recorded in the general ledger, to be managed in the Projects and Grants Module in the City’s enterprise resource planning system. 

Body

THE CITY OF RICHMOND HEREBY ORDAINS:

I.                     That Ordinance No. 2021-105, adopted May 10, 2021, be and is hereby amended and reordained as follows:

§ 1.                     That the Director of Finance shall [credit] record all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise, provided pursuant to the American Rescue Plan Act of 2021, H.R. 1319, 117th Cong., 1st Sess. (2021-2022) (the “Act”), [to a special reserve assigned] in the general ledger, to be managed in the Projects and Grants Module in the City’s enterprise resource planning system for purposes authorized by the Act for future appropriation by the Council of the City of Richmond only for expenditures authorized by the Act.

§ 2.                     This ordinance shall be in force and effect upon adoption.

II.                     This amendatory ordinance shall be in force and effect upon adoption.