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HomeMy WebLinkAbout1997 Resolution No. 112• • • RESOLUTION NO. Jll: SERIES OF 1997 A RESOLUTION JOll A SUPPLEMENTAL APPROPRIATION FOR TlIB YEAR-END 1997 BUDGET FOR 'l'KE CITY OF ENGLEWOOD, COLORADO. WHF;REAS, the Rnclewoo<' City Council of the City of Englewood, Colorado, approved tho 1997 B udget and Appn,priatioa on final reading on November 18, 1997; and WHEREAS, the Englewood City Council reviewed the Five Year Capital Plan on .luly 22, 1996; nnd WHEREAS, the Cit., Council desires to make certain additions to the 1997 Annual Budget which were nOl included in the original 1997 Budget aa adopted on November 18 , 1997; and WHEREAS, supplemental appropriationB for the year ending 1997 are required because all expenditures and -are often not known until all invoices and purchase orde rs are proceaaed at or aft.er year-t!Ild; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWO OD, COLORADO, THAT: ~-The City of Englewood 1997 Budget iB hereby amended P.R foll ows: GENERAL FUND: Source of Pumk:: Fund Balance Use of Funds· City Manager's Office: Salaries and related costs Administratin F ervices Department: Teleph"'1l, SETVices P ersonnel Services Salary Survey lnformn'ion Services Other P:-ofessianal Services Recruiting Expenditures Total Administrative Services Neighborhood and Business Development: Housing Division increa sed per so nn el costs Cablyst Rebate Program Use Tax Rebate Program Hotel Stndy Project Manegement Cons ultants for Cin derella City , General Iron and South Broadway Total :-l e ighborbood and Business Deve lopment $.359,000 $ 90,000 S 00,000 $ 16,000 $ 20,000 $ 10.000 LIJlJlOO $125,000 $ 20,000 $ 46,000 $ 3,500 $ 25 .000 "2.000 $136,500 Library Services: Travel Computer Replacement Total Library Servicee Total General Fund u- CENTRAL SERVICES FUND Source of Funds · Interdepartmental Billings Retained Earnings tJse of Funds· Print Shop Operations CONCRETE UTILITY FUND Smmuf..blllia; Utility Billings I • Use of Funds · Emergency Repair of Alley and Catch Basin VOLUNTEER FIREFIGHTERS l'ENSION F\TND Source of Funds · Fund Balance tJse of Funds· Pension Benefits Admin.istrntive Co sts s ZoOO 1....6,Ul $1~ S3,58,IX)) $70,000 l..10.llW $80,000 $80,00 $ 'Zl,000 $ 'Zl,000 .$ 22,000 .$ 20,400 LlJm $ 22,000 ~-The City Manager and the DireclDr of Financial Services are hereby authorized ID make the above chaoges ID the 1997 Budget of the City al~- ADOPTED AND APPROVED this 15th day of December, 1997. I, Lou cri shi u A. Ellis, City Clerk for th e City of Englewood, above is n true co py of Reso lu tio n No/JJ:, Series of ~997 . • • • • • • COUNCIL COMll!<JNICATION Date ~15,1997 Initialed By COUNCllL GOAl. AND PREVIOUS COUNCIL ACTION A~end• llem 10 C ill Subject Supplemental approprtaUon for year- end 1097 to comply with City Charter ulrements. Staff Source Frank G lewicz , Director -,., Coi;mcit -vod the 1997 Budg et and Appropriation on final reading November 18, 1996. Tho City Council reviewed ne Fr,e'll'ear Capital Plan on July 22, 1996 . RECOIIIIIENDEIJ ACTION 5ta:!f recommends the City Coundl approve the attached resolution for a supplemental appropriation for the year ending "997. These additional funds are required because all expenditures and expenses are often not known until all invoices and ;uct,ase ortlet$ are processed at or after year-end . "!be SOCCDeS and uses of funds are : GENERAL RIND : SourotClffynft: iu>d Sallance lheafl',unds: c,,y Ma'.agPr's Office: Salanes and related costs -,;ve Setvlces Department: elephcr,o Setv.ces ?e,sonn!II Services Salary Survey lnformatfl!>n SeMces Olher F-::Jfessional Services ~r1~ Expenditures T otaf Ao"Tlinistrative Services Netghbcnood and Bu si ness Development: ~ 'DMSIOn increased pe rsonnel costs Ca!alyst 'lebate Prog ram Us~ T;n ~ebate Prog ram M0te!Sb..1:1y ;toiea •·nanageme nt Consulta nts for Cind erella City C--erv.:tral Iron, and South Broadwa y 7 octal Nen;;hbomood and Business Develop ment L.:>rary$eMCeS: -ra vel ~ replaceme nt Total l.!brary Service s $359,000 $90 ,000 $60 ,000 $16,000 $20.000 $10 ,000 llimQ $125,000 S2 0,000 $46,000 $3 ,500 $25,000 $42 000 $136 ,500 $2,000 1MQQ s1 .sor ~35 9,000 CENTRAL SERVICES FUND Source of Funda : -partmental bllllngs Retained earnings Uff pl Fund ■: Print Shop Operations CONCRETE UTILITY FUND Source of Fund■: Ubhly billings UH of Funda: Emorgency repa ir of alley and catch basin VOLUNTEER FIREFIGHTERS PENSION FUND Source 9f Fund1: Fund Balan ce uuotfunda: Pension benefits Administrative costs m.ooo l!.ll.l!Q2 1110 ,000 Sl!0 ,000 SV.000 S21.oor, $22,000 $20,400 ~ $22,000 " - • The City of Engl..,,·ood lo required by City Charter !:l .;nsuno !hat ""!)enditun,s do not exceed legally adopt~ app,optladono. The attached resotuUon appropri ates funds to ensure that the City of Englewood co mplies with legal restrictions governing • local budgeting . FINANCIAL IMPACT The appropriations will reduce the General Fund unreserved funa ~laflC6 by 5359.000 . The General Fund more than covered thls Increase in spending by collecting more in Selle~ Jio use taxes than was budgeted. Central Services Fund's retained earnings are reduced by Si0.000 and the remaining tunc!:s are provided by interdepartmental billings. The overage in Central Services was attnbuted to increased activity which increased re,:enues as well . Concrete Utility Fund use of funds is provided b)' util ity billings . Thls ls a new fund in 1997. The Voiumeer Firefighters Pension Fund Balance is reduced by 522 ,000. UST OF ATTACHMENTS Proposed resoluti on •