HomeMy WebLinkAbout2010 Resolution No. 033•
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RES OLUT ION NO. _.33
. FRIE or ~010
A RES L T ION Al'l'ROV I GAS rrLE MENT AI. Al'PRO l'RIAT ION ro TII E ;009
RUDGET
WHERE AS. the C11 y of Englewood ,s requir ed by it y hurt er to ensure th at expenditures do
1ml exceed lt.:gall y aclopwd appropriatio ns: and
\VI IERE AS. the 2009 Budget wa s submitted and approved by the Englew ood Cny Counc il m
October 2008: and
\VI IEREAS. thi s supplcmcmal appropriation to tl1c 2009 Oudgcl is requ ired because the 101al
ex penditures for the year arc not full y known. until all expe ndi tures arc paid, which 1s oOcn
mo nth s aficr yea r-end and therefore not appropti.ucd at the time the 2009 13udgcl wa s pr epared:
NOW, T HERE FORE. BE IT RES0 1 l RY THE CITY COUNC IL OF TII E ITY OF
E 'G LEW OD. OLORADO. A FOL. \\IS :
Se ctio n l . The Budget for the City of Englewood. Cok,1.1clo. 1s hereb y amended for the year
ending 2009, as fo ll ows :
20119 SU l'PI.Fll-lE 'TAL Al'P IWl'IU AT I O '
ST ORM WATER DRAI NAGE FU I>:
SO URCE OFF NDS:
Rcwincd Eamings
US E OF FU US:
\ln:m 11cipa 11.:d Sy!-otcm Rcp:ur~
{'O NC'll E'l'E IITII.I T \' FUN IJ
SOl lll n . OF FUN II S
Rl"l,11ncd l;ar111n g,
l ~E OF FU llS
(';1p 11al Bud~Cll ,I 111 ~008 < ·0111pl.,1cd 111 2009
275,000
$275 ,000
$ S,000
$ S.000
Section 2. Th e ity lanngcr ;md lh e Dircc1or of Fin ance :111 d Admini stmll \'C Services arc
hereby authori zed to make the above changes to th e 2009 Budget fo r the Cit y of Eng lewood .
ADOPTED AND APPROVED tl11 s 19th day of Ap ril. 20 10.
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COUNCIL COMMUNI CATIO
Date: Subj ec t:
A pril 19, 2010
I ~gc nda Item:
11 C i Reso lution for a Year-End Supplementa l
A ppropria ti o n to the 2009 Budge t
I
Initiated B)':
Fin ance and Admin is tra tive Services
I Staff So urce :
Frank Gryglewicz, D irec to r
COUNCIL GOAL A D PREVIO US CO CI L I CTI O
City Council has not discussed thi s supple mental or transfe r specifica lly, but approved the 2009
Bu dge t an d Appro p ri ations Ordinances on final reading on Octobe r 20, 2008.
RE CO MMENDED ACTION
St.ri recommends Ci ty Co unci l approve,. 1esolut1on for a supplemen tal appropri atio1 to the 2009
Budge t fo r the fo ll owin g fun ds:
Sources and U es of Fund s
STORM WATER DRA I NA GE FU '0 :
SOURCE OF FUNDS:
Re tained Ea 1 nings ~,:!i5 ,000
USE OF FUNDS:
Unanticipated Sys tem Repa irs $2i5,000
N RElT Tllln' ruN O:
OU~CE OF FUNDS:
RNained Earnir1~s $5,000
USE F FU NDS:
rapital Rudf\<'tl'CI in 2008 Complet!'d in 200'1 $5,000
BACKGROU ND , ANALY SI S, AND A LTERNATIVES IDENTI FI ED
The supple m ntal app rop nauons TOr 2(10 a, µ, •!,~ll lt::J fo1 Council's t.ons ideration at tl11s tinu~
be caui,e tut.ii t>,pen cl itures tor the vcar ,'r~ oltt-n not fullv known 1, 11il c1II expenditures are p,1id,
which is often rnon th~ after year-er L
FINAN "IAL IMPACT
• The Storm \Nt1ter Drainage Fun e :, 200 retained earnings \,ill det.lt:d~t= ):7.J,000
• Th Concrete Utility Fund 's reta ined earnings will be reduced $5,000
UST OF ATTAC HMENTS
Pr oposed Resolu ti on
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