HomeMy WebLinkAbout2006 Resolution No. 037• RESOLUTION NO .J!l
SERIES OF 2006
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A RESOLUTION APPROVING SUPPLEMENTAL APPROPRIATIONS TO THE 2006
BUDGET FOR OPEN SPACE AND CONSER\'ATION FUND PROJECTS THAT WERE
STARTED IN 2005 BUT NOT COMPLETED IN 2005 AND TRANSFERS FROM THE
CAPITAL EQUIPMENT REPLACEMENT AND SERVICENTER FUNDS .
WHEREAS , the Ci :y of Englewood is required by City chaner to ensure that expenditures do
not exceed leg,lly adouted appropriations ; and
WHEREAS , several projects were staned in 2005; however , they were not completed in 2005 ,
thus requiring appropriations to the 2006 Budget for Open Space Fund Projects ; and
WHEREAS, transfers from the CERF and Servicenter funds were included in the General
Fund but not in the funds themselves ; anrl
WHEREAS , the Englewood City Co uncil ha s discussed the se project s at past budget
work shops •nd has supponed the activities and project s accounted for in the Open Sp ace Fund ;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL :• THE CITY OF
ENGLEWOOD , COLORADO. AS FOLLOWS :
Secllil!!...l . The Budget for the City of Englewood , Colorado , is hereby amended for the year
cnd ;.ng 2006 , as follows :
CONSERVATION TRUST FUND:
SOURCE OF FUNDS:
Unrcscrvetl/Undesignatcd Fund Bal ance
USE OF FUNDS:
Contingency
Nonhwest Greenbelt Bike Trail
Total Use of Funds
OPEN SPACE FUND :
SOURCE OF FUNDS:
Unreserved/Undesignated Fund Balance
USE OF FUNDS :
Off-Leash Dog Park
Sinclair Schoo l In-Line Hockey Coun
Park Shelter Renovation s and Improvements
Parks and Open Space Master Plan
Open Space Land Bank
Pedestrian/Bike Trailhcad Project (Grant Matching Funds)
Greenway Buffer C'J rant Matching Funds)
Total Use of Funds
$238 ,000
$150 ,000
$ 88 000
$238 ,000
$852,140
S 33 ,224
$100,000
$ 85,67 t
S 66,266
$ 50,000
$ 140,291
-1lli..ill
$852 ,140
SERVICENTER FUND:
SOURCE OF FUNDS:
Unremved/Undesignated Fund Balance $ 66,714
USE OF FUNDS:
Transfer., Out to General Fund S 66,714
CAPITAL EQUIPMENT REPLACEMENT FUND :
SOURCE OF FUNDS:
Unreserved/Undcsignated Fund Balance $570 ,000
USE OF FUNDS :
Transfer., Out to General Fund $570 ,000
~ The City Manager and the Director of Finance and Administrative Services arc
hereby authorized to make the above changes to the 2005 Budget for the City of Englewood .
ADOPTED AND APPROVED this 6th of March , 2006.
~ '. -~
oucrishlailllis
I, Loucrishia A. Ellis, City Clerk fo: *7City of Englewood , Coloraoo, hereby cenify the
,_,,,m,oo,,•"-""ooNo , s~u.M__g
Loucrishia A. Ellis, City Clerk
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• COUNCIL C:OMMUNICATION
Dale: Agenda Item: Subject :
March 6, 2006 11 Ci Supplemental Approp ri atio n to th e 2006 Budget for
Open Spa ce and Conservation Fun d Pr oJ ects begun
in 2005 , but not co mpl eted , and transfers from the
Serv icenter and Capital Equipment Replacement
Funds to the General Fund
Initiated By :
Fin ance and Admin istr ati ve Serv ices Department
I Staff Source :
Frank Gryglewicz, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
Ci ty Cou nci l has discussed these projects and expendi ture s in past budget workshops and has
supported the ac ti vities and proje cts acco unted for in th e Open Space and Conserv ati o n Trust
Fund .
• RECOMMENDED ACTION
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Staff recommends City Council approve th e attached Re so lu tion appropriating funds for the
Conserva ti o n Trust and Open Space Fund s and trans fe rring funds from th e Service nter and Capita l
Equi pme nt Replacement Funds to th e Genera l Fund . Th e sources and uses of th ese actions are:
CONSERVATION Tl!UST FUND:
SOURCE OF FUNDS :
Unreserved/Un designat ed Fund Balan ce
USE OF FUNDS :
Northwesl Greenbeh Bike Tra il
Con Ii:, ency
TOTAL USE OF FUNDS
OPEN SPACE FUND :
SOURCE OF FUNDS :
Unr eserved /Undeslgnated Fu nd Balance
US F Of FUNDS :
Orf-l eash Dog Park
Sinclair Sch ool In-line Hockey Court
Park Shelter Ren ovations Jnd Improvements
Parks and Open Space Masler Plan
Open Space land Bank
Pedestria n/Bike Trallhead Projec t (G rant and Matching Funds)
Greenway Buffer {Cram and Ma1ching Funds)
TOT AL USE OF FUNDS
S88,0';o
SlSO.'iJO
s:3 ~.oco
S852,t4O
S3J,224
51DO,000
SBS,671
S&6,266
150,000
5140,291
5376,1,88
185 2,140
SERVICENllR FUND:
SOURCE OF FUNDS:
Unreserved /Undes ignated Fund Balance
USE OF FUNDS :
Transferi Out to General Fund
CAPITAL EQUIPMENT REPLACEMENT FUND:
SOURCE OF FUNDS ·
Unreserved/U n,iesignated Fund Balance
USE OF FUNDS:
Transfers Ou! to General Fund
FINANCIAL IMPACT
Sb 6,71 4
Sb6,714
'i 570,000
·;510,000
This Resolution proposes reducing 1he Open Space and Conservation Trust Funds uruese r.~d/
undesigna1ed fund balances by $852 ,140 and $238,000, respeclively. The projects liste d ab e.vP.
were prev iously approved in 1he 2005 Budge! but not completed and are required by City Charter
to be reappropriated by City Council. Th e tran sfers were included i c the General Fund Budge! for
2006 but not included in the Budget Ordinance approved by City C ouncil.
LIST OF ATTACHMENTS
Resolution
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