5683926 Resolution 21-224, Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Emergency Declaration Resolution of 2015

A RESOLUTION

 

21-224

 

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

 

September 22, 2015

 

 

To declare the existence of an emergency with respect to the need to adjust certain allocations requested in the Fiscal Year 2015 Budget Request Act of 2014 pursuant to the Omnibus Appropriations Act, 2009; to authorize that available Fiscal Year 2015 funds be retained as fund balance and carried over into Fiscal Year 2016; and to adjust certain allocations requested in the Fiscal Year 2016 Budget Request Act of 2015 pursuant to the Omnibus Appropriations Act, 2009.

 

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the “Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Emergency Declaration Resolution of 2015”.

 

Sec. 2. (a) On June 30, 2015, the Office of the Chief Financial Officer released a quarterly revised revenue estimate that showed a $117.2 million increase in certified revenues.  This revenue increase was reduced by $49 million to satisfy a required allocation for a Fire and Emergency Medical Services Department settlement, as required by section 7092(b)(l)(A) of the Fiscal Year 2016 Budget Support Act of 2015.  This reduction leaves an unallocated revenue balance of $68.2 million available for expenditure.  Pursuant to the proposed Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Emergency ct of 2015, $57.6 million of this $68.2 million amount will go directly towards the repayment of Fiscal Year 2015 contingency cash, which was accessed in order to cover the cost of the Department of Healthcare Finance Medicaid disallowance.  The remaining $10.6 million will be retained as fund balance and carried over into Fiscal Year 2016 to cover various initiatives.

            (b)  The Office of Tax and Revenue recently received funds related to a settlement payment in the District of Columbia v. Expedia, Inc. et. al. (Nos. 14-CV-308, 14-CV-309) case in the amount of $73,631,296.57.  The Fiscal Year 2015 Budget Support Act of 2014 (Title IV, Subtitle P of D.C. Law 20-155) and Fiscal Year 2016 Budget Support Act of 2015 (Title VII, Subtitle B of D.C. Act 21-148, adopted on an emergency basis in D.C. Act 21-127) specify how those funds are to be allocated: $1.5 million to the Destination DC Marketing Fund; $3.5 million to the IPW Fund for the travel industry conference;  $1.5 million to the Office of the Attorney General for the Litigation Support Fund; and the remainder to be deposited in the WMATA Momentum Fund.  Pursuant to the proposed Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Emergency Act of 2015,  $17.7 million in funds that otherwise would have been deposited into the WMATA Momentum Fund will be carried over into Fiscal Year 2016 to cover various initiatives.

(c)  Of the $28.3 million to be carried over into Fiscal Year 2016 pursuant to the proposed Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Emergency Act of 2015, $23.3 million will be spent on an urgently needed and comprehensive legislative, administrative, and budgetary agenda to address crime in the District.

           

Sec. 3.  The Council of the District of Columbia determines that the circumstances enumerated in section 2 constitute emergency circumstances making it necessary that the Fiscal Year 2015 and Fiscal Year 2016 Revised Budget Request Adjustment Emergency Act of 2015 be adopted after a single reading.

 

            Sec. 4. This resolution shall take effect immediately.