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HomeMy WebLinkAbout2002 Resolution No. 042• • • RESOLUTION NO . .!/,i- SERIES OF 2002 A RESOLUTIO N FOR SUPPLEMENTAL AP PROPRIATI ONS FOR THE 200 1 A, D 2002 BUDGETS OF THE CITY OF ENGLEWOOD , COLORADO. WHEREAS . the Foglewood City Co uncil of the City of Englewood , Co lorado, a pproved th e 200 1 Budget nn d Ai,Jproprioti on Ordin ance on final readin g on November 6, 2000; and WHEREAS, additiona l fund s are required be cause all expenditures a nd ex penses a re oft en not lcn own until all invoices and purchase orders are proce ss ed a t or after ye e r-eod ; nnd WHEREAS , the Engl ewood City Council of the City of Englewood , approved the 2002 Budget and Appropri ati on Ordin ance on fin al rea ding on 1 ovemb er 5, 200 1; and WHEREA S. fund s fo r the Culturn l Arts Ce nter research project waa budgete d in 200 1 but co uld not be e xpen ded until thi a 2002 s uppl e me ntal appropri atio n; NOW . THEREFORE . BE IT RESOLV ED BY THE CITY COUN CI L OF THE CITY OF ENGLEWOOD . COLORADO . THAT: ~-The Citi• of En gle woo d 200 1 Bud ge t is hereby a mend ed as follow s: GE NE RAL FUND: Source of FunrL~: Un resen •e cl/ nd esignntcd Fund Ba la nce State Library Gr ant Law Enforce ment Gr ant Use of Fund s- City Attorncy"s Offic-e Outside Coun se l and Prosecution S al ari es Library Se rvices Four ndd.iti ona l publi c intern et co mputers Firs t time annu al lease of 3 pub lic copy machines Addi tio na l cos ts related to aqu ari um in Childre n's Library Stme Library Grant related costs Su btota l Safety ervi ces -Co mm and Vehicle DO 'ORS FUND: So urce of funds: Forfeiture fund s Use of Fund A: Safety Servi ces -Co mm and Ve hicle $ 32 .400 $ 10.000 llWlllJl $200,400 LliQQQ S 5,300 $ 1,440 S 660 .LlJl.D.l!l! S I ,400 fillli)ll.Q s 200.-10 0 S143 ,785 S 14 3 ,785 • • • Scs:.tism..a . Th e "ity Monag<:r and the Oircctol' of Fina .1cinl Services are hereby authorized to make the above changes to the 200 I Budget a nd the 20 02 Budget of the City of Englewood. ADOPTED AND APPROVED this 4'' of Fe bruary 2002 . I, Loucrishia A. Ellis, City Clerk for t he City of Englewood, C above is a true co py of Re so luti on No.~ Series of 2002. //},vf,C/ J,<ffl,{,,U), l( f!J PAVING DISTRICT NO. 35: Siiw:~: Unrese n 1ed fund bu lnnce Use of Fund s: Intere s t on interfund loa n CAP ITAL EQUIPMENT REPLACEMENT FUND : Source of Fund s: Retained ea rnings Use of Fund s: Capita l purchases bud geted in 2000, rece iv ed in 2001 Pre-d e livery expense costa RISK MANAGEMENT FUND : Source of Funds · Retn med ea rning s Use of fund s: Purcha se of rep la ce ment fir e truck 1,500 S 1,500 S 80 ,000 S 67,000 ,S,,__,1J.2QQ S 80,000 $45 5,000 $456 ,000 ~. Th e following 2002 s upple me ntal ap propriation of fund s that was ori g m all y budg et.ed ;ri 2001 but co uld not be exp end ed for the Cultural Arts Center researc h project. Th e City of Englewood 2002 Eudget is here by amended as foll ows: GENERAL FUND: Source of Funds · Unreserved/U nd es ignated f'u nd Balance Use of Funds- Cultural Arts Commission Cultural Arts Center Project $ 28 ,900 ,900 The fo ll owing is an additi on to the. 2002 Budget t hat was not includ e d in the Bud ge t Ordin ance : CAP ITAL PROJECTS FUND : Source of Fund ~· Unr eserved./U nde signated Fund Bal ance Use of Funds: Arts In Public Pl aces S 16 ,045 S 15 ,045 • COUNCIL COMMUNICATION Date Agenda Item Subject February 4, 2002 1 1 Ci Supp lemental Appropria tions requi red fo r Year-E nd 200 1 and Supplemental App ro priations fo r 2002 to comply wi th City Chaner req uirements Initiated By I Staff Source I D eeanmenl of Fi nance an d A dminis trative Services Frank GrvRlewicz. Directo r COUNCIL GO AL AND PREVIO US COUNCIL ACTION Th e Co un ci l approved th e 200 1 Bud get and Appro priation o n fin al re ading November 6, 2000 and th e 2002 Budget on fi nal rea ding Novembe r 5, 2001 . RECOMMENDED ACflON Sta ff reco mmend, Co un ci l app•ove th e atta che d resoluti on fo r sup plemental appropriati o ns fo r th e yea r ending 2001 . These additional funds are req uired beca use all ex pe nditures and expenses are ofte n not kn own until all invoices and purchas e orders are rrncessed at o r afte r year-e nd. Th e proposed resol utio n als o calls fo r 200 2 su pplem ental appropriations of funds originally budgeted fo r th e Cu ltural A ns Center resea rch project but w hich could not be ex p end ed in 2001. Al so incl ud ed is a suppl emental ap prop ri ation for Ans In Publ ic Pl ac es that w as not incl uded in the o riginal 2002 Budget Th e so urce s and use s of the funds are: GENERAL FUND So urce of Fumf 1:: Unreserved/Und esignated Fun d Balance St ate library Gra nt Law Enforcement Gran t Use of Funds : City Attorn ey', Office O utside Coun sel and Pro secution Sa laries library Services Four addi tiona l public int erne t co mput ers First time annu al lea se of three pub lic copy mach ines Additiona l cos ts re!:i ted 10 aq uari um in Chil dre n's Li bra ry Sl ate library Gran t rela ted co st s Subto tal Safety Service s Co mmand Vehi -:le DONORS FUND Source of Funds: Forfeitur e funds Use of Funds : Sa fe ty Serv ic es • Co mmand Vehlde $32,400 $10,000 ~ S200,400 li2.QQQ S5,300 $1,440 S 660 llQ.l!QQ S 17,400 il2MQQ S2 00.40 0 S 143,785 S 143.785 • • • ?AVING UISTRICT NO. 35 Source of Funds: Unreli erved ft.:~d b;il,:m ce Use of Funds : In terest on mrerfun d lo.m CA PITAL EQUIPMENT REPLACEMENT FUND Source of Funds : Ret am~d earn ing s Use of Funds: Capital purchases budge te d in 2000, received in 20 01 Pre-del ivery ex pen se cos ts RISK MANAGEMENT FUND Source of Funds : Retar ned earnings Use of Funds: Purchase of replacemen t fi re truck (recei ved $422,000 in 2000) S1 ,5 00 $1 ,500 S80,000 S6i,000 ill.QQQ S80,000 $455,000 S-1 55,000 Th e 1ollowing is a W02 supp lem ent al appropriati on of funds that was orig inall y budgeted 'n 200 1 but could not be expended fo r the Cultural Arts Ce nter res ea rch proj ect. • Th e so urces and us es of the fund s are: • GENER AL FUN D Source of Fund s: Unre served /Und es ign ated Fund Balanc e Use of Funds : Cultu :-al Arts Commiss ion Cultur.:i l Art s Cen ter Project S28,900 S28,900 Th e fo ll owing is a 2002 supplem ental approp riatio n of funris '.hat were not included in the origi na l 2002 bud ge t for the one-pe rc ent rnn:ribution to Art in Publi c Plac es. The sources and uses of the funds are: CAPITAL PROJECTS FUND Source of Funds : Unreserved /U ndes,gnated Fund Bal an ce Use of Funds: Arts In Publ ic Pla ces S 15,045 S 15,045 Th e Citv 0 1 Englewood is re quired by City Ch arter to en sure that ex penditures do not exceed leg all y adopte d appropriau ons . The attached resolutio n appropriat es fu nds to ensure that the City of Englewood comp lies "ith legal restrictio ns governi ng local bud ge ting. FINANCIAL IMPACT lnese sup pl eme ntal approp ria tions w ill red uce Gen era l Fund unreserved iu nd balance by $61 ,300. The red uctio n in Gene ral Fund unr eserve d fun d ba lan ce was cove red by co ll ec tin g more in sales and use taxes than was bud ge ted . Th e Donors' Fund is being amended to refle ct th at po rtio n of the n,?w Safety Services Command Van th at was paid for with forfe iture funds . Pa ving District No. 35 De bt Service Fu nd un:es erved fund balanc e will be dec reased by $1 ,500. Th e reduc:ion in fund balance is covered by int erest recei ved from special assessments . Th e Capi tal Equ ipm ent Rep lac ement Fund 's retained earnings is red uc ed $80,000 by this action for vehicles budgeted fo r in 2000 b:it not recei ve d until 2001. The Risk Managemen t Fund 's retained earnings are reduced $455,000 for the purchase of the replac ement fi re tr• rck dama ge d in lat e 1399 . Funds we re recei ve d in 2000 from the City's insurance carrier to cover most of th e cost of th e repla ce ment truck . The Capital Projects Fund unr eserve d fund balan ce will be reduc ed $1 5,045 . LIST OF ATTACHMENTS Prop osed reso luti on • • •