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HomeMy WebLinkAbout2007 Ordinance No. 059• • ORDINANCE NO. 6'f SERIES OF 2007 -- BY AUTHORITY COUNCIL BILL NO . 60 INTRODUCED BY COUNCIL MEMBER TOMASSO AN ORDINANCE ADOPTING THE BUDGET FOR THE LITTLETON / ENGLEWOOD WASTEWATER TREATMENT PLANT FOR THE FISCAL YEAR 2008 . WHEREAS , pursuant to the provisions of an agreement between the City of Littleton, Colorado. and the City of Englewood, Co lorad o, a budget for the fiscal year 2008 was duly approved by the Littleton/Englewood Was,ewater Treatment Plant Supervisory Committee on August 15, 2007 and submitted to the City Council ; and WHEREAS, a public hearing on said budget was held by the City Council within three weeks after its submi ssion at the meeting of City Council on September 17, 2007, regular notice of the time and place of said hearing having b.:en published wirhin seven days after the submission of the budget in the manner provided in the Chancr for the publication of an ordinance ; and WHEREAS. the City Council of the City of Englewood, as the administering authority for the Liuleton/Englewood Wasrewater Treatment Plant. has studied the budget on numerous occa sions ; and • WHEREA S, it is the intent of the City Co uncil to adopt the 2008 budget for the • Liuleton/Englewood Wastewater Treatment Plant as now submitted. NOW, THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section I. That the budget of the LittletorvEnglewood Wastewater Treatment Plant fo r the fisc al year 200R, as submitted by the Littleton/Englewood Wastewarer Treatment Plant Supervisory C-011111 •tee and duly considered by the City Council after public hearing, is hereby adopted as the budget ro r the Liuleton/Englewood Wastcwarer Treatment Plant for the fisc, I year 2008. as foll O\\'S : Llnltton/Enr{twood w,.,,,.,.,., Tr«an(III f/ear Fund Balance -January I, 2008 Revenues Expenditures Fund Balance -December 31, 2008 115,674 28,947,141 28,947,141 115,674 11 b vi ~-That the soid budget as accepted shall be a public record in the Office of the City Clerk and shall be open to public inspection. Sufficient copies thereof shall be made availab le for the use of the City Council and the public, the number of copies to be detennined by the City Manager . Introduced, read in full , and passed on first reading on the l" day of October, 2007 . Published as a Bill for an Ordmance on the s• day of Octobe r, 2007 . Read by title and passed on final reading on th e :Str. day of October, 2007 . Published by title as Ordinance ~'o. 1£, Series of 2007 , on the 19• day of Oct ober. 2007 . 1, Loucrishia A. Ellis, City Clerk of the City of Englewood, Colorado, hereby cenify that the above and foregoing is we copy of the Ordinance passed on final reading and published by title as Ordinance No .~ Series of 2007 . • • • COUNCIL COMMUNICATION Date: Agenda Item : Subject: October 1, 2007 11 a V Bill for an Ordinance Adopting the Budget for the Littleton /Englewoo d Was tewate r Treatment Plant for Fiscal Yea r 200 8 In itiated By: I Staff Source: Department of Fin ance and Administrati ve Services Frank Gryglewicz, Di rector COUNCIL GOA l AND PREVIOUS COUNCIL ACTION City Council and staff held a 2007 Goals/2008 Bud ge t discuss io n on May 19, 2007 . Since that time City Council and staff met numerous times at Study Sessions to address budge tary issues . A preliminary budget summary and upd ate was done on Sep tembe r 10, 2007. A Public Hearing regarding the proposed 2008 Budget was held on September 17, 2007. The operating budgets and Multip le Yea r Capital Pl an for all City departments and funds were reviewed at a budget retreat held on September 22 , 2007 . RECOMMENDED ACTION Staff rec ommends Cou nci l approve the proposed Bill for an Ord:na nce appropria ting fund s for fisca l yea r 2008. BACKGROUND , ANALYSIS , AND ALTERNATIVES IDENTIFIED The City Co un ci l of th e City of Engl ewood acts as ad min isteri ng au th ority fo r th e Little ton /Englewoo d Was tewater Tr eat ment Pl ant, a part of th e duti es include adop ting bills fo r ordin ances fo r the 2008 Bud get and Appropriation Ordinance no later than thirty days prior to the first da y of the nex t fisca l yea r. FINANCIAL IMPACT Th e 2008 Littlet on /Englewood Wastewater Treatment Plant Bud ge t indicates a beginning funds available balance of $11 S,674, total sources offunds of $28,9 47,141 and total uses of funds of at $28,947,141 leavi ng the endin g funds available balan ce at $115 ,674. The total appropriation (use of funds) for 2008 is $28,947,141 . UST OF ATTACHMENTS • Prop osed Bill for Ordinance