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HomeMy WebLinkAbout2007 Resolution No. 043• • • RESOLUTION NO. ti_ SERIES OF 2007 A RESOLUTION APPROVING A SUPPLEMENT AL APPROPRIATION TO Tl IE 2007 BUDGIITS FOR THE ENGLEWOOD PUBLIC WORKS DEPARTMENT AND SERVICENTER . WHEREAS, 1he Ci1y of Englewood is required by City Charter to ensure tha1 c.pcnditurcs do not c.cced legally adopted appropriations ; and 'wHEREAS, 1his supplemcn1al appropriation to the 2007 Budget General Fund for the Public Wor'a Dcpartmenl includes $435 ,000 for snow and ice removal ; and WHEREAS, $550,000 for Road and Bridge repairs is being transferred from the General Fund to the Public lmprovcmcnl Fund ; and WHEREAS, this supplemental appropria1ion lo lhc 2007 Budget Public Improvement Fund for Scrvicentcr Fund for the Scrviccntcr Roof Project, which was included in previous budgets but not undertaken or completed therefore the funds for the project arc being re-appropriated for the 2007 Budget ; NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS : ~. The Budget for the City of Englewood , Colorado, is hereby amended for the year ending 2007, as follows : 2007 SUPPLEMENT AL APPROPRIATION GENERAL FUND SOURCE OF FUNDS: Fund Balance USE OF FUNDS: Public Works Department -Snow Removal Transfer Out to Public hnproveJ))ffl( Fund Total PUBLIC IMPROVEMENT ft/ND SOURCE OF FUNDS: Transfer iJI from General Fund USE OF FUNDS: Capital Projects-Road and Brid~c (Phue I road rq,ajn) $985 ,000 $435 ,000 ssso,ooo $985,000 SSS0,000 SSS0,000 SERVJCENJEB fl/NP SOURCE OF FUNDS: Funds Avnilable USE OF FUNDS: ServiCenter Roof Project S 75,000 $ 75,000 llilil!nl. The City Manngcr and the Director of Finance and Administrative Service s are hereby authorized to make the above changes to the 2007 Budgets for th e City of Englewood . ADOPTED AND APPROVED thi s 16" of April. 2007 . I, Loucrishia A. Elli s. Cit y Cle rk for ~City of Englew above is a true copy of Resolution No . • Series of 20 • • • • • COUNCIL COMMUNICATION Date: Agenda Item : Subject: April 16, 2007 11 C ii Supplemental Appropriation to the 2007 Budgets for the Public Works Department and ServiCenter Initiated By: I Staff Source: Department of Finance and Administrative Services Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION City Cm· cil discussed the costs of snow removal and road repair at the Study Session held • nril 2, 2007 . RECOMMENDED ACTION Staff rec ommends Council approve the alt ; ned Resolution for a supplemental appropriation to the 200 7 Public Works Department and the Se,•, ,C enter Fund budgets . The supplemental for Public Works includes $435,000 for snow and ice rem oval and $550,000 for Phase I road re pa irs . Road repairs are urgentl ,' needed to protect the City's infrastructure in vestment. The ServiCemer Roof Project was included in previous budgets but not undertaken or completed so the funds for the project are being re-appro priated for 2007 . GENERAL FUND SOURCE OF FUNDS : Fund Balan ce $98 5,000 USE OF FUNDS: Public Works Department -Snow Removal $435 ,000 !rao~ff::c Q1.11 I2 fubli, lm,m2~cm~o1 Eu □d mQQQQ Total $985 ,000 eueuc IMPRQYEME/\T llllil2 SOURCE OF FUNDS: Transfer In From General Fund $550,000 USE OF FUNDS: Capllal Projects -Road and 1'.c "•e SSSO,OOQ SEBYICENJEB FUND SOURCE OF FUNDS: Funds Available $75 ,000 USE OF FUNDS: ServlCcnter Roof Project $75 ,000 FINANCIAL IMPACT This action will reduce the reserves In the General Fund by $985,000 and funds available In the ServlCenter Fund by $75,000 . LIST OF ATTACHMENTS Proposed Resolution •