HomeMy WebLinkAbout1999 Resolution No. 005•
•
•
RESOLUTION NO . t_;
SERIES OF 1999
II .,JO I
A RESOLUTION APPROPRIATING FUNDS FROM THE 1999 BUDGET FOR
CONSERVATION TRUST FUND PROJECTS .
WHEREAS, the Englewood City Council a,proved the City of Englewood'• 1959 Budpt
on October 19, 1998; and
WHEREAS , the paaaage of thia Resolution will appropriate the funda for 1\hree Lottery
project& that were budgeted in 1998, but not completed nnd lapaed at the year-end 1998:
NOW , THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO , THAT:
~-Th e City of Englewood 1999 Budget ia hereby amended aa follo1¥a:
CONSERVATION TRUST FUND :
Sourso pf Funde :
Unreaerved/Undeaignated Fund Balance
!]Ree of Funde·
Computerized Regiater Syatam
Clayton Athletic Field
New Reatrooma at Belleview Park
Total Usea of Funda
$123 ,000
$ 40,000
$ 25,000
~
$123 ,000
&l:tilm.l. The City Manager and the Director of Financial Servicea are hereby authorized
to make the above changea to the 1999 Budgtt of the City of Englewood .
ADOPTED AND APPRCWED thia 18th day of Jan
I. u,ucriahia P •. Ellia, City Cl erk for ;he City of Englewood,
abow, ia a true copy of Resolution No .~ Series of 1999 .
COUNCIL COMMUNICAl cON
IU I
Date Agendaltam Subfect Supplemental
appropriation to the 1999
Budget for Conaervation Trust
January 18 , 1999 10ci Fund projects
Initiated By
Department of Financial Services
I Staff Source
Frank Gryglewicz, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
The Council approved the 1999 Budget and Appropriation on final reading October 19, 1998.
RECOMMENDED ACTION
Slaff recommends the Citv ,:;iuncll approve the attached :,3solution for supplemental appropriations to
the 1999 Budget. The sup(Aemental appropriation is to fund three Lottery projects that were budgeted
in 1998, but not completed. These funds lapsed at year-end, so a supplemental appropriation is
required to complete the p;ojects In 1999.
The sources and uses of funds are:
CONSERVATION TRUST FUND:
Source of Funds:
Unreserved/Undesignated Fund Balance
Uaa of Funds:
Computerized Register System
Clayton Athletic Field
New Restrooms al Belleview Park
Total Uses of Funds
$123,000
$40,000
$25,000
~
$123,000
The City of Englewood Is reqLired by City Charter to ensu re that ~xpenditures do not exceed l911ally
adopted apprQpriations. The attachel:i resolU1ion appropriates funds tc-ensure that the City of
Englewood complies with legal restrictions governing local budgeting .
FINANCIAL IMPACT
These supplemental appropriations will reduce the Conservation Trust Fund unreserved fund balance
by $123,000 . This action does not actually impact the financial 1:-'ndltton of the City of Englewood as
these funds were previously appropriated , bul the projects were not completed.
LIST OF ATTACHMENTS
Proposed resolution
•
•