CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to City funds; closing certain funds, subfunds, and accounts; authorizing the Department of Finance and Administrative Services to take action pursuant to those closures; authorizing the transfer of all unexpended and unencumbered balances and other assets and liabilities of those funds, subfunds, and accounts; and abandoning appropriation authority from those funds, subfunds, and accounts.
body
WHEREAS, effective January 1, 2018, the City Treasury's Fund structure was re-organized through Ordinance 125492 in keeping with Resolution 31332 and the goals of the implementation of the PeopleSoft 9.2 enterprise financial management system, including the elimination of subfunds within Funds; and
WHEREAS, the Special Employment Fund (00515) was created in 1985 through Ordinance 112556, and was subsequently re-designated as the Special Employment Subfund of the General Fund (00100) in 1995 through Ordinance 117977; and
WHEREAS, all fund balance, assets, and liabilities in the Special Employment Subfund of the General Fund were transferred to a new Special Employment Account in the General Fund through Ordinance 125492, effective January 1, 2018; and
WHEREAS, the Cable Television Franchise Subfund (00160) of the General Fund (00100) was created in 1996 through Ordinance 118196; and
WHEREAS, all fund balance, assets, and liabilities in the Cable Television Franchise Subfund of the General Fund were transferred to a new Cable Television Franchise Fund (10101) created through Ordinance 125492, effective January 1, 2018; and
WHEREAS, the Neighborhood Matching Fund (00165) was created in 1990 through Ordinance 115345, and was subsequently re-designated as the Neighborhood Matching Subfund of the General Fund (00100) in 1995 through Ordinance 117977; and
WHEREAS, all fund balance, assets, and liabilities in the Neighborhood Matching Subfund were transferred to a new Neighbo...
Click here for full text