HomeMy WebLinkAbout2012 Resolution No. 050RESOLl.JTION NO. 50
SERrESOF20 12 --
A Rt.:SU LU rtON APPROV ING A SUl'l'LEM EN TAL Al'l'KU l'KL"-T IUN TO TH E 20 1 I
13UDuET AND TRAN SFER BETIVEEN F!J"-'OS.
WHEREAS , the C it y of Engle wc,od is req uir,':d by Cuy Chancr lo en sure lhnt cxpcnduures d o
not exceed lega ll y ad o pted approprimio 11,. and
WHEREAS, the 20 1 I Bud get was submitt ed co rl ap prov ed by the Engle\Sood Ci ty Council in
Oct ob er 20 IO; and
WHERE AS. thi s supplemental app roi,,, tt io n to .he 201 1 Bud ge t is due to total expenditures
for the year not being fu ll y known !.lhlil all e~p en:h tur cs arc paid , \vhich is oficn months a Iler
ye ar-end and therefore nol 2pp ro pria tcd al ihe tlHIC tli~ 20 11 Budget was prepa red;
U V.•. THEREFORE, BE IT RESO LV ED t;Y THE C ITY COU NC IL OF THE C ITY O F
EN GU'WOOD. COLO RAD O. AS f (ILLO WS :
Sect!•,. !. The Budget fo r the City o f Englew oo d. Co lorad o, is hereb y am ended for the year
endi ng _J t l, as fo ll ows :
20 1 l SUP PLEMENTAL APPR OPRI AT IO N
GENE RA L FUND
SOURCE OF FUNDS:
Reimbur sement fr om State -Wildland Fires
Unrcsc:rvec.J/Um lc:sibrnalc<l Fu11 J Balance:
Total Sou rce s of F'1!lds
LIS I-: OF FUNDS :
Fire Depanment Unant :c ipatcd Ovcn :me
Comingcm.:y-Lt2vc Ca.s hout s fur Rt:t iring Ern pl o)ccs
De bt Scr,ice -QECO Debt Pa ymctll s
Transfer Out to Empl oye e Be nefit s Fund
Tota l Use o f fund s
EMP LOYEE BENEFITS FUND
~OURCE OF FL'NDS :
Transfer In Fro m th e Ci i:ncrJI Fw1d
•JSE Ot' FUNDS:
Funds Availa ble
S 69,000
$ 129 000
$198 ,0 00
S 77 ,000
$ 63,000
$ 23,000
S 35 000
s1qR ,onn
$ )5 ,00 0
$ 35 ,000
C OMM UNITY DEVELOrMENT FUNl.l (Alff SHUTTLE}
SOUR C t:: OF FUNllS:
Rei mbmsc mcnt from RT D
USE O F FUND S:
Unnnticipntcd ;;ucl Cor.ts
s 1mv1 c_ ':ENTER FlJNI)
SO Ul!CE OF F UN llS :
fund s Avai luhl c
USE OF FUNDS:
Tninsrcr ()111 to 1hc opi tal Equipmcn1 Rcplaccmcut Fw,<l
C ,\l'ITAL F:OUlrMENT REPLA CF:MF:N'I' FlfND
SOURCE OF FIJNJlS :
T nm sf..:r In \'rom th e Scrv ,Ccn h.:r Fu nd
USE OF FUNllS:
Fu nd s Ava ilab le
$ 1(1,000
$ 10,000
$2 00,000
$200,000
$200,000
$200.0tJO
~. The City Man ag er :md the Dirtc\or of Fm nnce and Admin islrn ll vc Scr\'i ccs arc
IH~rrJ,y au1h nr:zcd 10 mnk c lhc ab ov e ch:rngcs 10 the 20 11 Budge: fo r 1h c City of Eng lewo od .
ADOrTED AN D APPROVED th is 16'" day o r April, 20 12.
~W,~ '{~U,_2/A_
K~f sh, ~ pu1 y · 'ity C le rk
I, Kc'T)I Bush, Dep u1v C i1y Cletk fur th e Cit y or Eng lcwoc ,d, Colorado, hereby cert ify th e
above 1s a trne copy o f Resolution No . 5 0 , Series of W I 2 .
·,~_ I~ i&»JA
Kc I Bus h,('.PcputyCiiyclerk
COUNCIL COMMUNICATION
Date: Age nd a Item : Subject:
April 16, 20 10 11 Ci Re solu ti on for a ~,ca r-end supplement al appr op riation
l o th e W l 1 Budge!
lniliatcJ By: I Staff Sour ce:
Finan c e ;met Ad nu nis tra tivi:-SPrv ic-p i. DPpartm r.nt Fr ank Gryglewic z, Oirecl o r
COUNCIL GOAi. ANO PREVIOUS COUNCIL ACTION
Ci ty C oun cil h.i s not d i~•CU !i!iCd th is supplem ental or transf er sp ecifica l:y but approve d the 2011
Budge! ar,rl A ppropriJliuns O rdi nances on im al reading on O 1ober 18, 20 10 .
RECOMMf r'OED ACTION
Sl aff recom m ends C i1y Co unci l appro ve 1h e alta ched reso lu1ion aut h ori zing a su pplem en1 al
,1 rrrnpriarinn 111 th P. 201 1 Budget for th e fo ll owin g funds :
SOURCES AND USES OF FUNDS
GENERAL FUND :
SOURCE OF FU ,,DS:
Rci m bursen enl fr om Stal e -Wildlan d Fir es
Unrese rve d/ J ndesignated Fund Ba lance
Total Sour ces of Funds
USE O F FUNDS:
Fire De1)arlrn cn1 •Un ,1ntic ipa1 ed O verti m e
Co nt ing ency -Le ave C.1s hou ts for Re tlrinH [rn ployee s
D eb t Serv,c c -Q ECB Deb t Payments
Transfer O ut 10 Employee Be ne fi ts Fu nd
Total Uses of Fund s
EMPLOYEE RENEFITS FUND :
SOU RCE OF FUNDS:
Transfer In From th e General Fun d
USE OF FUNDS :
Fun ds Av ,1il ab lc
569,000
,1 2q nno
$198,000
$77 ,000
$6 3,000
$23,000
~1 r; nno
S198,ooo
S35,000
$35,000
CU MM UNI I Y UfVHOl'MENT ~UNO (ART SHUHLE):
SOU RCE OF FUNDS :
Reinih 11 r'"emc11 1 from 1h e Re gional Tr,1 ns1 >or 1;i tio ·1 D istr icl
USE OF FUNDS :
Un,1r 11i cip,1 ted Fi.ud Co~t~
S[RVlcr:C[NTER FUND:
SOURCE OF FUNDS :
h mds Av.1 11 .ihc
USE 01' FUNDS:
Tr ,1nde 1 011 1 tc ·1,e C,1p it ,1l l:quipmen1 Repl .1ce111 e111 Fu nd
CA l'ITAt EQUIPM ENT REPl ,ACFMFNT l't /Nf):
SOUR CE OF FUNDS :
Tr.Jn::i l e r In rruu, tl w Sc rv iC en 1cr r und
lJSE O F FUNDS:
1·u11 d s Av:ul ;1h le
!!ACl".CF.Oi JND , ,\NALYSIS, AND ALTERf',ATIVES IDENTIFIED
$10,000
$10,000
-~ 0.000
$2 JO,OOO
i 1:1t1,lll/ll
The s u p p le m enta l appro pria ti u n !I for 20 11 .,,~ 1 .ese nte d fo r Council 's consi deraI io 1, ;i.1 thi s tim e
b ecc1u s...: total ex p enditures fo r the :.'Ci'lr r1r c oft en n ot full y kn o wn until JII expenditure s ar c p aid,
w hi ch is oft en mo nth s ah t r yeil r•e nd.
FINANCIAL IMPACT
The Gene,a l Fun d 's reserves will d e cr eas e $1 29,000.
The Scn.,1Ce111er f-u n d w ill have a $200,000 reclu c lio n in fun ds availab le
UST OF ATTAC HMENTS
Proposed Reso lution