HomeMy WebLinkAbout2012 Resolution No. 077RESOLUTION NO . 22
SERIES Or 2012
A RESOLl'TION TRANSFERRING AND AJ>PROPRIA TING FUNDS FROM THE RISK
MANAGEMENT FUND AND EMPLOYEE BENEFITS FUND TO THE CAPITAL
PROJECTS l'UND (CPF) FOR THE lffi ORACLE OSB PROJECT .
WHEREAS, the Ciry Council r.as made compute r upgrades and efficiencies a priority ; and
WHEREAS , the Englewood Human Resources Department has tried to make Oracle "self.
service" available to employees for a number of years; and
WHEREAS, the funds transferred will be used lo fund the self-service project that will allow
employees more access 10 the system ; and
WHEREAS, the total cost of the Project is $43 ,000. the passage of thi s Resolution allows the
transfer and supplemental appropriation from the Risk Management and Employee Benefits
funds to the Capital Projects Fund for II HR Oracle OSB P1ojcct which will he w1dcrtakcn in th e
year 2013 .
NOW , THEREFORE , BE IT RESOLVED BY THE CITY COUNCLL OF THE Cl'IY OF
ENGLEWOOD, COLORADO , THAT:
Section J. The r.ity r.ouncil oflhe City ofEnclewood, Colorado supports the 1ransfcr of
funds from the Risk Management and Employee Benefi_ts Funds to the Capital Projects Fund , as
follows:
SOURCES AND USES OF FUNDS
RISK MANAGEMENT FU!ll> {WORKERS COMPENSATION}
SOURCE OF HJNDS:
hind Halance
USE OF FUNDS :
Transfer lo the Capital Projects Fund (HR Oradc OSB Project)
EMPLOYEE BENEFITS FUND
SOURCE OF FUNDS:
fond Balance
lJSI OF FUNDS :
l t Jnsier tot he Capil.31 hojects Fund (HR Oracle OSB Project)
$6 ,000
$6,000
$37 ,000
$37 ,000
CAPITAL PROJECTS FUND
S0URO; ot· FUNl>S :
Transfer in from lhe Risk Man:igcmcnt Fund
Trnnsfc r in froin the l':mpl o)'CC Bcnclit s Fund
Tot.11 So u re.cs of Furn.l s
IJSF. OF l'IJNU S :
HR Or.1c.le OS0 Proj cc 1
$ (1 ,UUO
$.n .nno
$43.000
$43 .000
Section 2 . Tl:c Ci ty Mam1ger and the Director uf Finance and Adminii:lrati vc Serv ice ::: a n:
he reby nuthorizcrl lo make 1,c ahnvc chnnr,c 1-In 1hr.701 2 Ltidgct for the C it y o f Englewood .
ADOPTED AND APPROVED 1his 171h clay ofScp1cmbcr, 2012 .
COUNCIL COMMUNICATION
Uate : Agenda Hem : Subject :
Seplember 17, 2012 11 Ci Resoluuon ·1 ransierring and Appropria1ing
Funds from 1he Risk Managemenl and
Employee Benefits Funds 10 lhe Capilal
l'rojecls Fund for 1hc Human
Resource Oracle Slandard Ben efit Projecl
Initiated By : I Staff Source:
Finance and Ad minis1ra1iv e Services Frank Gryglewicz, Direclor
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
Cily Council has nol discussed lhis 1ransfer or lopic bu1 has made cornpu ler upgrades and efficiencies a
priority i n the past
RECOMMENDED ACTION
Slaff recommend s that Council app,ove this transfer and supplemental approprialion of S43 ,C0O from the
Risk Managemenl and Employee Benefits Funds l o th ~ Capital Projecls Fund for a Human Resource Oracle
OS B Project which will be undenaken in 2013.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
The Human Resources Depanmenl has lried to mak e Oracle '·self-service" available to employees ior a
number c,t years . I he iunds lransferred will be used 10 fund 1he self-service projec1 1ha1 w ill allow
employees more access l o 1he system .
SOURCES AND USES OF FUNDS:
RISK MANAGEMENT FUND /WORKERS COMPENSATION):
SOURCE OF FUNDS:
Fund Balance $6 ,000
USE OF FUNDS :
Transfer 10 the Capilal Pro jects Fund (HR Oracle 0S6 Pro j ect) $6,000
EMPLOYEE l!f:NEFITS FUND :
Fund ft1lan ce
USE OF FUNOS :
Tr,111 sfer l o lhe Cap iial Prnjccis F1111d (H R Oracle 058 l'ro jccl)
CAPITAL PRO![CTS FUND :
SOURCE 01· FUND.
Transfer in from tl h_ k M il11 ,1gem e nl Fun d
Tra11 sfer in from 1he Employee Be ne fils Fund
To 1:,1 So urces of Funds
USE OF flJNDS:
HR O r,1cle OSB Pro jeCI
FINANCIAL IMl'ACT
S37,000
$17,000
$6,000
SJ.Z.illlll
$,l.l,000
$•1l.OOO
This acli on will red uce 1h e Risk M anagernenl ~und by S6 ,000 1111d lh i, Employee Bene fi 1 Fund by S3 7,00 0,
bul th e funds will he used In f1111 rl lhP H R Oracle OSB Projecl
tlST OF AITACHMENTS
Proposed Re)ol11t1011