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HomeMy WebLinkAbout2021 Resolution No. 0211 RESOLUTON NO. 21 SERIES OF 2021 A RESOLUTION TO ADD AN APPROPRIATION TO THE GENERAL FUND OF THE 2021 BUDGET OF THE CITY OF ENGLEWOOD WHEREAS, the City of Englewood is required by Section 83 of the Englewood Home Rule Charter to ensure that expenditures do not exceed legally adopted appropriations; WHEREAS, the 2021 Budget was submitted and approved by the Englewood City Council on October 19, 2020; WHEREAS, City Council directed Staff to forego the three of the four scheduled furlough days and adjust the 2021 budget accordingly; WHEREAS, City Council directed staff to add several COVID-19 mitigation operational projects to the 2021 budget; WHEREAS, City Council directed staff to add several capital projects to the 2021 Capital Improvement Plan; WHEREAS, total expenditures for 2021, including those listed above, have now been identified, necessitating these supplemental appropriations to be hereby presented for the consideration and approval of the City Council. WHEREAS, in conformance with Section 93 of the Englewood Home Rule Charter appropriations in addition to those contained in the budget shall be made only on the recommendation of the City Manager, and only if the City Treasurer certifies that there is available a cash surplus sufficient to meet such appropriations; and WHEREAS, in conformance with Section 93 of the Englewood Home Rule Charter the City Manager hereby requests the transfer of funds as set forth below. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. The Budget for the City of Englewood, Colorado, is hereby amended for the year ending 2021, as follows: ADDITIONAL APPROPRIATION in accordance with Section 93 of the Englewood Home Rule Charter: SOURCE OF FUNDS: (1) A. Transfer from General Fund Unassigned Fund Balance $ 6,759,765 B. Transfer from General Fund Long-Term Asset Reserve $ 4,900,000 SOURCES TOTAL $11,659,765 DocuSign Envelope ID: 97293415-67C0-46F5-B005-11498CAF8548 2 USE OF FUNDS Transfer funds for identified one-time COVID-19 mitigation projects/programs and capital projects added to the city’s Capital Improvement Plan (CIP) (1) A. Transfer to General Fund and Capital Projects Funds General Fund Administration Department $ 186,410 Communications Department $ 55,000 Community Development Department $ 355,000 Parks, Recreation, Library and Golf Department $ 103,590 Police Department $ 45,000 Public Works Department $ 135,000 General Fund Total $ 880,000 Public Improvement Fund $ 6,845,000 Capital Projects Fund $ 984,765 Capital Equipment Replacement Fund $ 100,000 Water Fund $ 50,000 B. Transfer from Long-Term Asset Reserve to the General Fund Debt Service to retire the outstanding Englewood Environmental Foundation Certificates of Participation General Fund Debt Service $ 2,800,000 FUNDS TOTAL $11,659,765 USES TOTAL $11,659,765 Section 2. The City Manager and the Director of Finance, in accordance with Sections 93 of the Englewood Home Rule Charter are hereby authorized to make the above listed transfers within the 2020 Budget for the City of Englewood. ADOPTED AND APPROVED this 19th day of April, 2021. _____________________________________ Linda Olson, Mayor DocuSign Envelope ID: 97293415-67C0-46F5-B005-11498CAF8548 3 ATTEST: __________________________________ Stephanie Carlile, City Clerk I, Stephanie Carlile, City Clerk for the City of Englewood, Colorado, hereby certify the above is a true copy of Resolution No. 21, Series of 2021. Stephanie Carlile DocuSign Envelope ID: 97293415-67C0-46F5-B005-11498CAF8548