d.
The payment or advance of funds which are One Hundred Percent (100%) reimbursable to the Rainy Day Fund from future revenues, grants or awards;
e.
To supplement and/or advance funds as necessary due to a shortfall experienced by the County general fund.
5.
All appropriation requests for the use of Rainy Day Funds shall be as follows:
a.
The request shall be submitted to the Council's Finance Committee for review.
b.
Appropriation request received by the Council shall follow the Council's regular procedure for appropriations and ultimately be decided by majority vote.
c.
Upon the approval of the appropriation request from the Rainy Day Fund, the Council shall adopt a resolution noting the terms of the appropriation.
6.
This Ordinance shall repeal and replace all prior ordinances regarding the Delaware County Rainy Day Fund including, more specifically, ordinances 2009-042, 2010-028, 2010-041, 2011-005, and 2016-012.
7.
This Ordinance shall be effective immediately upon approval by the Council.
Dated this 23rd day of September, 2025.
Eugene Whitehead, President
Matt Kantz, President Pro Tempore
Dan Flanagan, Councilman
William Hughes, Councilman
Jim Mochal, Councilman
Brad Bookout, Councilman
Jessica Piper, Councilwoman
Attest:
Edward E. Carrol Jr., Auditor
This Resolution is approved in form by
Legal Counsel