HomeMy WebLinkAbout1997 Resolution No. 106•
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RESOUJTION NO . /f1i!_
SERIESOl' 1997
A RESOUJTION FOR A SUPPLEME.'ITAL APPROPRIATION OF THE 1997 BUDGET
FOR THE CITY OF ENGLEWOOD, COLORADO.
WHmlE.AS, the City Council of the City of Englewood, Colorado, des ires I<> make certain
addi-to the 1997 Annual Budget which were not included in the original 1997 Budget BB
adopted mn November 21 , 1996; and
W'HDEAS, appropriating fundo for the Servicenter Fund which were not included in
the 1997 .approved Budget because of a misunderstanding regarding fund ing of projects
identified! in the Five Year Capital Plan;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, THAT:
~ The City of Englewood 1997 Bud ge t is hereby am end ed as follows:
SlllllVJCENTER FUND:
~\llWl:
&.,rained Earnings
U lfCI of Funds ·
G=age Door Replacement
Fciel Dispensers at Servicenter
W ste Oil T a nk Replacement & Tank Removal
Toul Uses of Funds
$67 ,000
$35,000
$12,000
S20.000
$67 ,000
~-The City Manager and the Di re cto r of Financial Service s are hereby
authonz.ed to make the above changes to the 1997 Bud get of the City of Englewood.
ADO PTED AND APPROVED th. 20th day ofOctober , 1997.
I, L<>ucn:slua .-\. E ll is , City Clerk fo r1.,lpe City of Englewood, Co lorado, hereby ce rtify th e
abo,·e IS a true co py of Reso lution No ~ Series of ~Ja.
Loucrish ia A. Ellis
COUNCIL COMMUNICAnON
Date Agendaltem Sub)ect Supplementer
approprlatlon of funds for
Servicenter projects not
October 20, 1997 10c Iii included In the 1997 Budget
Initiated By I Staff Soun:e
Department of Finanr.ial Services Frank Gryglewicz, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
The Council approved the 1997 Budget and Appropriation 0"'1:linances on final reading November 21 ,
1996.
RECOMMENDED ACTION
Staff recommends City Council approve the attached resoluo,on appropriating funds for the Servicenter
Fund. These funds were not included in the 1997 approved'~udget because of a misunderstanding
regarding funding of projects identified in the Five Year Capilla! Plan .
The sources and uses of these funds are:
Servicenter Fund:
Source of Funds:
Retained Earnings
Uses of Funds :
Garage Door Replacement
Fu el Dispen sers at Serlicenter
Waste Oil Tank Replacement and Tank Removal
Total Uses of Funds
FINANCIAL IMPACT
$67,000
S35 ,000
$12,000
$20,000
$67,000
This appropriation and transfer will reduce the Service nter 9etained Earnings by $67,000.
LIST OF ATTACHMENTS
Propo sed resolution
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