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HomeMy WebLinkAbout2006 Ordinance No. 042• • • ORDINANCE NO . _!/b SERIES OF 2006 BY AUTHORITY COUNCll. Bll.L NO . 43 INTRODUCED BY COUNCll. MEMBER TOMASSO AN ORDINANCE ADOPTING THE BUDGET FOR THE LITTLETON / ENGLEWOOD WASTEWATER TREATMENT PLANT FOR THE FISCAL YEAR2007 . WHEREAS, pursuant to the provisions of an agreement between the City of Littleton, Colorado, and the City of Englewood, Colorado, a budget for the fiscal year 2007 was duly approved by the Littleton/Englewood Wastewater Treatment Plant Supervisory Committee on August 17, 2006 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 submission at the meeting of City Council on September 18, 2006 , regular notice of the time and place of said hearing having been published within seven days after the submission of the budget in the manner provided in the Chaner for the publication of an ordinance ; and WHEREAS , the City Council of the City ofEnglewood, as the administering authority for the Littleton/Englewood Wastewater Treatment Plant , has studied the budget on numerous occasions; and WHEREAS, it is the intent of the City Council to adopt the 2007 budget for the Littleton/Englewood Wastewater Treatment Plant as now submitted . NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS : ~-That the budget of the Lillleton/Englewood Wastewater Treatment Plant for the fiscal year 2007 , as submitted by the Littleton/Englewood Wastewater Treatment Plant Supervisory Committee and duly considered by the City Council after public hearing, is hereby adopted as the budget for the Littleton/Englewood Wastewater Treatment Plant for the fiscal year 2007 , as follows : Littleton/Englewood Wastewater Treatment Plant Fund Balance -January I, 2007 Revenues Expenditures Fund Balance-December 31 , 2007 -1 - 115,674 50,194,271 50,194 ,271 115,674 ~-That the Mid budget as accepted shall be a public record in the Office of the City Cieri: and shall be open to public inspection. Sufficient copies thereof shall be made available for the use of the City Council and the public, the number of copies to be determined by the City Manager. Introduced, read in full , and pas sed on first reading on the 16th day of October, 2006. Published as a Bill for an Ordinance on the 20th day of October, 2006. Read by title and passed on final reading on the 6th day of November, 2006 . Published by title as Ordinance No . ~Series of 2006, on the 10th day of November, 2006 . I, Loucri shi a A. Ellis , City Clerk of the City of Englewood, Colorado, hereby ccnify that the above and foregoing is a lrllf j,?PY of the Ordinance p on final reading and published by title as Ordinance No . '::12:,, Series of 2006 . -2 - • • • • COUNCIL COMMUNICATION Date Agenda Item Subject October 16, 2006 11 a V Bill for an Ordinance Adopting the Budget for the Littleton/Englewood Wastewater Treatment Plant for Fiscal Year 2007 Initiated By Staff Source Department of Finance and Administrative Frank Gryglewicz , Director Services COUNCIL GOAL AND PkEVIOUS COUNCIL ACTION City Council and staff held a 2006 Goals/2007 Budget discussion on May 13 , 2006. A preliminary budget summary and update was done on September 5, 2006 . A public hearing regarding the proposed 2006 Budget was held on September 18, 2006 . The operating budgets and Multiple Year Capital Plan for all City departments and funds was reviewed at a budget retreat held on September 23, 2006 . • RECOMMENDED ACTION • Staff recommends Council approve th e proposed bill for an ordinan ce appropriating funds for fi ~cal ye ar 2007 . BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED The City Council of the City of Englewo od acts as administering authority for the Littleton/ Englewood Wastewater Treatment Plant. A part of th e duties include adopting bills for ordinances for the 2007 Budget and Appropriation Ordinance no later than thirty days prior to the first day of the ne xt fiscal year . FINANCIAL IMPACT The 2007 Littleton/Englewood Wastew ater Treatment Plant Budget indicates a beginn ing funds available balance of$ 115,674, total sources of funds of $50,194,271 , and total uses of funds of at $50,194,27 1, leaving the ending funds available balance at $115,674. The total appropriation (use of funds) for 200 7 is $50,194,271 . LIST OF ATTACHMENTS Proposed b;:1 for ordinance