HomeMy WebLinkAbout1997 Resolution No. 042•
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RESOLUTION NO .~
SERIES OF 1997
A RESOLUTION FOR A SUPPLEMENTAL APPROPRIATION OF THE 1996 BUDGET
F0R THE CITY OF ENGLEWOOD, COLORADO .
WHEREAS, the City Council of the City of Englewood, Colorailo, deGnJS to make certain
additiona to the 1996 Annual Budget which were not included iD !the original 1996 Budget as
adopted on November 8, 1995, because all expenditures and ._ .. 111'1! often not ltnown
until all invoices and purchase orders a. e proccsaed at or after _year-end;
NOW , THEREFORE, BE IT RESOLVED BY THE CITY COONCIL OF THE CITY OF
ENGLEW,)OD, COLORADO, THAT :
~-The City of Englewood 1996 Budget is he reby amended "" fo llows:
GENERAL FUND:
Source of Funde :
Fund Balance
Use of Funds ·
City Manatrer'1 Office:
Neighborhood & Business Development:
Studies/Work related to General Iron, South Broadway
and Cinderella City rndeve lopment
Manufacturers' use to.x rebate program
Total City Manager's Of.,oe
Administrative Servicet1 Depanment:
Informati on Services:
Billing error made by U.S . West
Professional services for co mputer backlog pr ojects
Compute r system supplies
Computer Softw are
Tota l Administrative S ervices
Contingency (Employee Survey)
Tota l General Fund Uses
PAVING DIST1l!CT 3o :
Source of Ft; ... u1;:
A.3scss me nts
Use of Funds :
Discount on earl y pa yment of assess ments
Slll5,lm
$ 60,000
~
$100,000
$ ~.')()()
$ 13.!A'O
$ /S,00.1
LL!OO
~ 91~000
J,,_.IJlll!!
$195,800
$ l..'iOO
CENTRAL SERVICES FUND :
SiaYWl pl FwMla:
Interdepartmental Billings
Retained Earning•
Total Source• of Funds
llne of fund.a :
Print Shop Operations
uOLF COURSE FUND:
Snnn:c of Fund.a :
Retained Earnings
JJm.af.b.DJII:
Clay Street Drainage Project
PROJECT BUILD FUND :
5o11rs:e of Fwull :
Property Sales
JJ•• ofFvnda :
Cost of Property Snles
4 40,000 uuw
$ 60,000
$60,000
$ 17,000
$ 17,000
$ 68,000
$ 68,000
~2. Tbe City Manager and the Director of Financinl Services are hereby
au thorized to make the above changes to the 1996 Budget of the City of Englewood.
ADOPTED AND APPROVED this 7th day of April , 1997 .
I''~ . . j (Jiu/~ .Oo
1.,ou crishia A. Ellis, City Clerk
I, l -0 ucri shia A. Ellis, City Cle rk for/ff City of Englewood , C
above is a true co py of Resol uti on No ._F.'series of 1997 .
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COlaCIL. COMMUNICATION
Olla """""811am 8ubjecl
April 7, 1997 SUpplemontal IPP(l)~ for yeor-
10 a i 111d 1996 to comply Charter
rw,uiroments.
lnHl-By i Slaff Sourw
Citv of Enoltwood , Flnancill Servicn n.nartment Fronk r=n-cz, Diroc:lor
COUNCIL GOAL AHO PREVIOUS COUNCIL ACTlOllil
Tho Council approved the 1996 Budgol and Appr<lllrilaian on final r11dlng Novemb« 8, 1995. Tho City Council ,_ the
Five Year capital Pion on July 22 , 1996.
RECOMMENDED ACTION
Staff recommondl the City Coun ci l approve tho-=--for a supplemental appropriation for the year ending
1996. Th-additional funds are roquired _ all _.,... and_. ... are often not known until all lnvolcn and
purchaH orders are procesMd at or after year....._
The sources and uses of funds are:
GENERAL FUND:
Sou"?I of Fund■:
Fund Balonce
UH of Fund■·
City Manogor'a Offlce :
Neighborhood & Bcsiness Development
Stud ies/Wortc related to General Iron , SOuth i>r< ~
and Cinderella City rod evelopment
Manufacturers' use tax rebate program
Total City Monag e<'s Office
Admlnlatratlve Servlceo Department:
Information Services ·
Billing error made by U.S. West
Profess ional services tor computer backlog projects
Computlt' system suppl ies
Computer Softwlre
Total Adm inistrative Services
Contingency (Employee Survey)
Total General Fu nd Uses
$195,800
$60,000
~
S100,0CO
$52,000
$13,000
S19,000
R.2QQ
$91,000
$195,800
,_ Dt8TIIICT 31:
INM9(fND!IF ....... ..-..,,,,u.:
IOilcoUnt o" lll1y poyment of 111111menll
ct:NTRAL RAVICU FUND:
"'"'pf fya,g·
-~Billing•
cotalned Eomings
OlafBou!ONolFundo
YI! of Funct1:
PMI s11op op111111on1
OOlf COURSE FUND :
IPH'51 qf fyo,11 ·
Rlllolned E1ming1
u,,o1fund1:
C lay Straot Orolnog, Project
l'ROJECT BUILD FUND:
19Ym of Funda·
Propert; ,ales
l..llUl.f Jdl!lt:
Coal of Prop«ty s1111
$4,500 ~
M,500
$40 ,000
m.llQQ
$60 ,000
$80,000
$17 ,000
$17 ,000
$68,000
$68,000
Tho City of Engl1WOOd Is requ ired by City Cha rte< to on sure that expondituros do not oxceod legally ldopte,t ~ons.
The attached r11olut,on 1ppropri11 .. funds to ensure that the City of Engl9WO'ld complln with legal reslnC!lcms gaveming
local budgeting .
FINANCIAL IMPACT
Th e appropriabons will reduce the General Fund unreserved fund balance by S 195,800 . T>e General Fl.l!d mun 1han
co·;ered this increase in spend ing by collecting more in sales and use taxes than was budgeted. Paving Ofstti:ct 35 use of
funds is provided by assessments. Central StrrVices Fund's r11:ained earnings are reduced by S20,000 •,d!!lhe rwnalning
funds are provided by lnte<departmental billings . The ove<age In Central Services was attributed to -ldMtiy wh ich
mcreased ravenues ■swell. The Print Shop also took printf~g color copiM In house wh ich saved~ S21 ,800 ar:d
$29,100. The Golf Course Fund 's reta ined ea ri ngs are reduced by $17 ,000 , and the Project Build Fund's use of funds Is
prov.did by proparty saln of $68 ,000 .
UST OF ATTACHMENTS
Pr oposed resolutlon
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