HomeMy WebLinkAbout2005 Resolution No. 045•
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RESOLUTION NO. t../;
SERIES OF 2005 --
A RESOLUTION APPROVING TH E 2004 YEAR EN D SUPPLEMENTAL
APPROPRIATIONS TO COMPLY WITH CIT Y CHARTER REQUIREMENTS .
WHEREAS, all ex penditure s and expenses are often not known until all im·o icc s and purchase
orders are processed at or after year end ; and
WHEREAS , supplemental appropriations are often nece ssary after all expen ses arc proce ssfd;
and
WHi::REAS , the City of Englewood is required by Ci ty charter to ensure that expenditures do
not exceed legally adop ted approp riation s.
NOW , THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, AS FOLLOWS :
Section I . The Budget for the City of Englewood, Colorado, is hereby amended for the year
ending 2004, as follow s.
GENERAL FUND
Source ofFunds:
Unreserved/Undesignated Fund Balance $55 ,500
Use of Funds
Public Works Department
Energy Costs $55,500
DONORS FUND
Source ofFun ' Forfeiture Fund s $95,200
Use ofFunds:
Exercise equipment and evidcnc, .. st rage
building improvements $95,200
SERVICENTER FUND
:;ource of Funds:
Charges for services $l07,000
Use ofFunds :
Cost of sales $107,000
Sec ti on 2. The C ity Manngr r and the Direc tor of Finance and Administrative Services are
hereb y auth orized to make the above changes to th e 2004 Budget fo r the City of Englewoo d.
ADOPTE;:J AND APPROVED thi s 16th day of May, 2005.
I, Loucrishia A. Ellis , City Cler~the City of Eng l
above is a true copy of Reso lution No . Series of 2005.
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COUNCIL COMMUNICATION
Date: I Agenda Item: Subject :
M ay 16, 2005 I 11 c i Reso lution for a Suppl em en tal Approp ri ati on for yea r
end 2004 l o com ply w ith Ci ty Chart er requirements
Initi ated By : I Staff Source :
D epartm ent of Fi nance and A dmi n istrati ve Services Frank Gryg lewicz, Direc tor
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
City Counc il approve d th e 2004 Bud ge t and Appropriation on final reading November 3, 2003 .
RECOMMENDED ACT ION
Staff recomm ends that Counc il ado pt a resolution approving suppl em ental appropriations for the
year ending 2004. TI1 ese additional funds are required becau se all ex penditures and expenses ar e
o ften not kn own unti l all invoices and purchase orders are proc ess ed at or after year-e nd.
The sources and us es of the funds are :
GENERAL FUND
Source of Funds :
Unrescrved/Und es ignated Fund Balan ce
Use of funds :
Publ ic W orks Departm ent
Energy Cost s
DONORS FU ND
Source of Fundsj
Forfei tur e fund s
Use of Fundsi
Exe rcise equipm ~r,t and evi dence stora ge
bu ildi ng improve men ts
SERVICENTE R FUND
Source of Funds i
Charges for serv ices
.llir,_of Funds·
Cos t of sales
~
$5 5,500
ill2illl
$55,500
$95,200
$95,200
$107,000
$107,000
Th e Ci ty of Englewood is required by City Charie r l o ensure l ha l ex penditures do nol excee d lega ll y •
adop ted appropriations , Th e allac hed reso luti o n appropria tes funds to ens ure the Ci ty o f
Englewood complies w ith lega l res tri ctions governing local budgeting.
FINANCIAL IMPACT
Th ese supplemental appropriations w ill reduce the Ge neral Fund unreserve d fund bal ance by
$55,500. Th e Don ors' Fund is being amend ed to refl ec t th e purchase of exercis e eq uipm ent
am ounting 10 $43 ,9 00 and improvem ents 10 th e ev idence sto rage building am o unting 10 $51,300 .
TI1 ese items were pai d fo r w ith forfei ture funds and approved by th e City's Forfeiture Boa rd . Th e
ServiCenter Fu nd is being amended 10 refl ec t increased sa les and re lat ed cos ls of sa les m ain ly in
th e area of fu el an d outside services.
LIST OF ATTACHMENTS
Reso luti o n.
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