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AN ORDINANCE AUTHORIZING THE ESTABLISHMENT OF AN EMPLOYEE WITHHOLDING FUND
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WHEREAS, the City desires to establish an agency fund, the Employee Withholding Fund, under the provisions of Section 5705.09 of the Ohio Revised Code; and,
WHEREAS, the City desires to account for all revenues and expenditures associated with its employee withholding accounts thus enhancing accountability and transparency of operations; and,
WHEREAS, revenues recorded within the Employee Withholding Fund shall consist of employer contributions, interest and miscellaneous expenditures that shall consist of deduction payments and fees.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GROVEPORT, FRANKLIN COUNTY, OHIO, A MAJORITY OF ITS MEMBERS CONCURRING:
Section 1: That the Finance Director is hereby authorized and directed to establish an Employee Withholding Fund within the accounting system of the City, to include within such receipt and expenditures categories as may be needed from time to time, and to do all other things necessary to make such funds fully operational and appropriate to their purposes.
Section 2: That the Finance Director is further authorized and directed to request certification of such revenues from the County Budget Commission as Council approves appropriations to such fund upon passage of the City's Annual Appropriation Ordinance.
Section 3: That this Ordinance shall take effect and be in full force from and after the earliest period allowed by law.
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Lance Westcamp, Mayor
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Ruthanne Sargus Ross, CMC
Clerk of Council
Approved as to form:
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Kevin C. Shannon, Law Director