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HomeMy WebLinkAbout2007 Ordinance No. 058• • • ORDINANCE NO.~ SERIES OF 2007 BY AlffHORITY COlfNCl1. Bl1.L NO . 59 INTRODUCED BY COlfNCIL MEMBER TOMASSO AN ORDINANCE APPROPRIATING MONIES FOR ALL MlfNICIPAL PURPOSES IN THE CITY OF ENGLEWOOD, COLORADO, FOR THE FISCAL YEAR BEGINNING JANUARY I, 2008, AND ENDING DECEMBER 31 . 2008, CONSTITUTING WHAT IS TERMED THE ANNUAL APPROPRIATION Bl1.L FOR THE FISCAL YEAR 2008 . WHEREAS, City Council and staff held a 2008 budget and goal setting meeting on May 19. 2007; and WHEREAS. a public hearing on the Proposed 2008 Budget was held September 17. 2007; and WHEREAS . the operating budgets and Multiple Y car Capital Plan for all City depanments and funds were reviewed at a budget retreat held on September 22 . 2007; and WHEREAS , the Chan er of the City of Englewood requires the Ci ty Council to adopt bills for ordinances adopting the Budget and Appropriation Ordinance no later than thin y days prior to the first day of the next fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Secti o,u. That there be ,,nd there hereby is appropriated from the revenue derived from taxati on 111 the City of Englewood . Colorado, from collection of licen se fees and from all other sources of revenue including available fund balances during the year beginning January I . 2008 , and ending December 31. 2008 , the amounts hereinafter set fonh for the object and purpose specified and set opposite thereto, specifically as follows: Legislation City Attorney's Office Municipal Coun City Manager's Office Human Resources Finance and Administrative Services lnfonnation Technology Public Works Safety Services Community Development Library St rvices Parks and Recreation Services Contingencies Debi Service -Civic Center GENERAL FUND 351.513 762.280 982,006 679,806 570.474 1,724.429 1,289.131 5,241 ,300 17,396,224 1.576,862 1,294,640 5,713,430 100,000 1,578,000 11 b v Debt Service -Other Total General Fund s GENERAL OBUGATION QONP FUND Total General Obligation Bond Fund S CONSERVATION musT FUND Total Conservation Trust Fund S COMMERCIAL REVOLVING LOAN FUND Total Comm,TCial Revolving Loan Fund S COMMUNITY DEVELOPMENT FUNQ Total Community Development Fund S DONORS FUND Total Donors Fund MALLEY CENTER TRUST FUNP Total Malley Center Trust Fund PARKS ANP RECREATION TRUST FUND Total Parks and Recreation Trust Fund S OPEN SPACE FUND Total Open Space Fund S PUBLIC JMPRQYEMENT FUND Total Public Improvement Fund S ...lU&L 39 ,493,551 1,112,635 401,500 88 ,154 290 ,000 97,845 50,070 29,738 878,955 4,271,824 • • • • CAPITAL PROJECTS FUND Total Capital Projects Fund s 847,052 WATER FUND Total Water Fund $ 8,617 ,038 ~~ Total Sewer Fund s 16,406,179 STORM 121!.AlliAQE FUND Total Storm Drainag• Fund $ 370 ,527 QQLE CQ!.lRSE FUND Total Golf Course Fund s 1,970,162 CQJ:-lCBfilE !ITl!.IIY FUND Total Concrete Utility Fund $ 692,836 • HOUSING Ri;HAB!LITATIQN FUNI> Total Housing Rehabilitation Fund s 1,744,500 ~ERVIC!;tfl:ER FUND Total ServiCenter Fund $ 2,081,861 CA,fITAL E~Ml;trr REPLACEMEl:fi FUND Total Capital Equipment Replacement Fund s 1,104,8 70 CENTRAL S!;l!YICES FUND Total Central Services Fund $ 441,711 RISK MAHAQEMEl:fi FUND Tota!RiakManaa,:mcnt Fund s 1,266,802 • EMPLOYEE BENEFITS FUND Total Employee Ben efits Fund 5,019,072 ~ The foregoing appropriations shall be considered to be appropriations to groups within a program or department within the fund indicated but shall not be construed to be appropriated to line items within any groups , even though such line items may be set forth as the adopted budget for the fiscal year 2008. Section 3. All monies in the hauds of the Director offinance and A,'ninistrative Services, or to come into the Directo~s hands for the fiscal year 2008 , may be applied on the outstanding claims now due or to become due in the said fiscal year of 2008 . ~ All unappropriated moni es that may come into the hands of the Director of Finance and Administrati ve Services during the year 2008 , may be so distributed among the respective funds here in as the City Council may deem best under such control as is provided by law . Section 5. During or at the close of the fiscal year of 2007. any surplus money in any of the respective funds , after all claims for 2007 against the same have been paid , may be distributed to any other fund or funds at the discretion of the City Council. Introduced, read in full, and passed on first reading on the I" day of Oc tober. 2007. Published as a Bill for an Ordinance on the 5" day of October 200 7. Read by title and passed on final reading on the 15th day of October. 2007. Published by title as Ordinance No2f, Series of 2007, on the 19" day of October. 2007 . I, Loucrishia A. Ellis, City Clerk of the City of Englewood, Colorado. hereby certify that the above and foregoing is_!.J.91e copy of the OrJinance passed on final reading and published by '""u°""'""N•<SJ<,-0,00,. ~c.1 Loucrishia A. Ellis • • • • • • COUNCIL COMMUNICATION Date: Agenda Item: Subject October 1, 2007 11 a Iv Bill for an Ordinance Appropriating Funds for Fisca l Year 2008 lnlliated By: I Staff Source: Department of Finance and Adm ini strat ive Services Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION City Council and staff held a 2007 Goals/2008 Budget discussion on May 19, 2007. Since that time City Council an d staff met numerous times at Stud y Sessions to address budgetary issues . A preliminary budget summary and update was done on Swtember 10, 2007. A Publi c Hearing regarding the proposed 2008 Budget was held on September 17, 2007 . The operating budgets and Multiple Year Capital Plan for all Ci ty departmen ,s and funds were re viewed at a budget retreat held on September 22 , 2007 . RECOMMENDED ACTION Staff recommends Council approve th e proposed Bill for an Ordinance appro priating funds for fiscal year 2008. BACICGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED Th e Charter of the City of Engi.:wood requires the City Council to adopt the next year 's Budg et and Appropriation Ordinances no later than thirty days prior to the first da y of the next fis ca l year. FINANCIAL IMPACT The General Fund is budgeting total sources offunds of $39 ,051 ,239 and total uses of funds of $39 ,493 ,551 leaving an unreserved /undes ignated fund balance of $3 ,708,071 or 10 percent of total revenues . The total General Fund appropriation is $39,493,551 for 2008. LIST Of ATTACHMENTS Proposed Bill for Ordinance