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Packet requests transfer of $489,053.74 from Park Land Acquisition Fund to General Fund

Wadsworth City Council Committee of the Whole / Finance · May 19, 2026
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Summary

An ordinance would transfer $489,053.74 from the 456 Park Land Acquisition Fund to the 110 General Fund for fiscal year 2026 to pay current city expenses; the packet frames the transfer as an emergency to preserve municipal operations.

The committee packet includes an ordinance authorizing the auditor to transfer $489,053.74 from the 456 Park Land Acquisition Fund to the 110 General Fund for the fiscal year ending Dec. 31, 2026.

The draft ordinance states the transfer is an emergency measure necessary to pay current expenses for the city. The packet includes the clerk’s publication certification but does not explain the specific expenditures or projects that will be paid from the transferred funds.