HomeMy WebLinkAbout2003 Resolution No. 002•
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RESOLUT ION NO . A
SERIES OF 200 3 --
/1 RESOLUTION FOR SUPPLEM ENT/IL /I PPR Ol'R I/ITIONS FOR THE CU LT URAL ARTS
CENTER RESEARCH PR OJECT.
WHEREAS , the Cit y Co unci l of1he Cit y of Engle wood, olornd o, approved fund s fo r
1hc Cultu ral Art s Co m11i ssio n whic h were budgc1c c.l in 20 02; and
WHEREAS, th e funds budge ted for 2002 were 1101 ex pende d; and
WHEREAS , fu nds fo r 1he Ci:ltural An s ente r Re search proj ect were 1101 budgeted or
ap prop ri ated as a pan of th e 2003 Budget and Appropri ati ons Ord inance s; and
WHEREAS , the fund s no t ex pended in 2002 fo r th e Cu ltura l /I ns Ce nter I' esen rch will
be expe nded in 2003 .
NOW, THEREFORE , BE IT RESOLVE D BY TH E CIT Y COUNC IL OF THE CITY
OF ENG LEWOO D, COLORA DO , THAT :
Section I. Th e 2003 Budget I ,r th e Cit y of Eng lewood , Co lora do , is hereby amended as
fo ll ows :
GENE RAL FUND
Source of Fund s:
Unrcservcd/Unde signa1ed Fund Bu lanc c
Use o;Fund s:
Cultural Art s Commission
Cultural Arts Cen ter Project
S28 ,900
S28,900
Section 2. The City Manage r and the Director of Fi nancial Services are hereby
aut horized to make the above changes to th e 2003 Budge t of th e City of Eng lewood .
ADOPTED AND AP PROVE D thi s 6" day of Janu ary , 2003 .
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COUNC IL COMMUN ICAT ION
Date Agenda Item Sub jecl
January 6, 2003 10 C ii Supp lem en tal Appropriati on 10
lh City of Eng lewood 2003
Budget for th e Cultural Arts
Com mi ssion
In itiated By I Slaff So urce
Department of Fin ance and Administrati ve Se rvi c es Fra nk Grvgl ewicz, D irector
COUNC IL GOAL AND PREVIOU S COUNCIL ACTION
Th e Council approved th e 2003 Bud ge t and Appropria ti on o n final rea ding N ovember t S, 2002.
RECOMMENDED ACTION
Staff recommends Ci ty Council approve th e atta ch ed reso luti on for a supplemental appropriation for th e
Cult ura l Arts Commissio n. Th e attac hed supplemental appropriation requ es ts th e funds b udgeted in 2002
fo r ex p enditures related to resea rching a new cultural arts ce nter tha t were not expended b e app ro priated
in 2003.
Th e so urce s and us es of the funds are :
GENERAL FUND
Source of Funds:
Unreserved/Undesignated Fu n d Balance
Use of Fun ds:
Cultural A rts Com111 iss ion
Cultural Arts Ce nter Pro ject
$28,900
$28,900
Th e City of Englewood is requ ired by City Chart er to ensure th at ex penditures are not 111ade wit hou t proper
ap prop riati on by Ci ty Council. The att ached resolution appropriates funds to ensure tha t th e Ci ty of
Engl ewood co mplies w ith lega l restrictions governin g loca l budge ting.
FIN ANC IAL IMP ACT
Th ese supplemen tal appropriations w ill redu ce General Fund unreserved fund balance by $28,900.
LI ST OF ATTAC HMF.NTS
Pro posed reso lution
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