HomeMy WebLinkAbout2001 Resolution No. 061•
RESOLUTION NO. ftJ/__
SERIES OF 2001
A RESOLUTION FOR THE APPROPRIATior~ AND TRANSFER OF FUNDs To
UPGRADE THE CITY'S TECHNOLOGY W,'RASTRUCTURE .
WHEREAS, Ci\y Council has made upgrading the City's technololO' infrB1tructure a top priority; and
WHEREAS, the City staJ!' has invested many houn researching City technical and
operational requirement.a for an enterprise resource planning system ; and
WHEREAS, the City staff recommends securing funds for the project in 2001.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO. THAT:
~-The Englewood City Council hereby amends the 2001 Budget., follows :
GENERAL FJINQ
Soun:e or FundH :
Unr,r•n,edJUndesignated Fund Balance
$650,000
Use ofFundw
Transfer out to Capital Projects Fund
$650,000
CAPITAL PRO.l'EGTS FlINQ
Soun;e of Funde ·
Transfer in from General Fund
$650,000
Ilse of Funda
Financial & Human Resources System (IBIS ERP Project) $650,000
~-The City Manager and the Director of Financial Services are hereby
authorized to make the above changes to the 2001 Budget of the City of Englewood.
ADOPTED At\,, APPROVED this 2nd day of July, 2001 .
COUNCIL COMMUNICATION
Date Agenda Item Subject
Proposed resolution to tr .. ~sfer
Jul y 2,2001 11 Ci and appr1priate funds for ti .e
IBIS /ERP l'roiect
Initiated By
I
Staff Source
Department of Financial Services Frank Gryglewicz, Director
-
COUNCIL GOAL AND PREVIOUS COllNCIL ACTION
City Council has appropriated funds for this vital ,,raject in the 2001 Budget and included additional
fu nds in the Fi ve Year Capital Plan . City sta ff ha, ,dated Council on the progress of this project on
numero us occasions, most recently at the June 1 ~-2001 study session .
RECOMMENDED ACTION
Staff recommends Council approve the attached res o lution transferring $650,000 from the General
Fund to the Capital Projects Fund for the IBIS /ERP project
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
The City of Englewood has used the same technology for close to 20 yea rs. The current system has
surpassed its use fu l life y ears ago . The IBIS Project began in 1999 ao d will most likely extend into
2003.
City staff and Co unci l have discusse d this projec t at length and agree that thi s project 's vita l IL
continue and improve the serv ices the City provi des. The current system is in danger of losing
technical support and puts the Cir, at risk of lo sin g in basic ability to process payroll, accounts
payable, utility billing and other vital functions.
FINANCIAL IMPACT
The transfer and appropriation of $650,000 will reduce the estimated General Fund reserves to just
ove r si x millio n dollars or 16.7 percent of estimated total reve nues.
LIST OF ATTACHMENTS
Prop os ed bill fo r an ordinance