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Council agenda includes $489,053.74 transfer from park land fund to general fund

Wadsworth City Council · June 2, 2026
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Summary

Ordinance No. 26-071 would authorize the Auditor to transfer $489,053.74 from the Park Land Acquisition Fund (456) to the General Fund (110) for fiscal year ending Dec. 31, 2026; packet lists the transfer as an emergency to pay current expenses.

Ordinance No. 26-071, sponsored by Council Member Chris Maxwell, would authorize the Auditor to transfer $489,053.74 from Fund 456 (Park Land Acquisition Fund) to Fund 110 (General Fund) for the fiscal year ending December 31, 2026. The packet states the transfer is presented as an emergency measure necessary to pay current city expenses.

The ordinance text includes a certificate of publication and identifies the transfer amount precisely as $489,053.74. The packet does not include an explanatory breakdown of how the General Fund will spend the transferred funds; the ordinance directs the Auditor to make the transfer if council approves. No vote tally or committee discussion is recorded in the June 2 packet.