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HomeMy WebLinkAbout1991 Resolution No. 022'il.esolutlon No . ~ ~ Serles or 1991 -A RESOLlITION AMENDING THE GENE T-!\: FUND 1990 BUDGET . WHEREAS, the City Council or the City ~r Ea~lewood, Cciorado, desires to ma ke certain changes to the 1990 budget: a nd WHEREAS , personn el co uld not b<.· ,r<~ iuately anticipated In the preraratlon or the 1990 Budget due lo wage ''"1utlatlons with the City bargaining units ; anrl WHEREAS , the Cit~ .::o uncll could nol hav e anticipated U1e expenditure r equired In the resolution or the Leyrlon litigation at the lime or the 1990 Budget preparation: and WHEREAS, General Fund revenues In 1990 were not sufficient lo cove r the 1990 expenditures: and WHEREAS, Co lorad o budget law requires a balanced municipal budget In each rund : NOW , THEREFORE, BE IT RESOLVED, by the City Co uncil or the City or Englewood , Co lorado , as follows : ~-The following transrer or runds ts hereby made rrom the General 0o-·ern ment Budget to the following Department Budgets : Source or Funds General Government Appllcallon or Funds Municipal Court Admln:stratlve Services Finance Comm unity Develo,,m ent Sarety Services $428 ,287 21.000 23.000 25 .000 36,000 323,287 Section 2. Th e rollowing lra nsrer or fu nds Is hereby made fr om the Genera l Fund Fund Balance lo th e Sarety Servi ces De panm ent Budget: Source or Funds Genera l Fund fun d Ba lance S2 I 9.792 Appll ca 1t on of Fu nds .5a rety Se rvi ces S2I 9.792 Section 3 . The City Manager and the Acting Director or Finance a rc hereby authorized· • to make the above changes to the 1990 Budget orthc City orEnglcwoort . ADOPTE ") AND APPROVED tt11s 19th day orFebruary. 199 h ~(o ~labcntchl. Mayor Pro Tern ATTEST : Patricia H. Crow. Cit y Clerk I. Pa tricia H. Crow. City Clerk fo r the City or Englewood, Co lorarlo . hereby ce rllfy the above ts a true copy of Resolu tio n No ,..,;,ol, Serles of 199 I. GJ:1uv; y( clH<!-" Patricia Ii. Crow , City Clerk DATE February 19 . 1991 INITIATED BY STAFF SOURCE f:OUNCIL COMMUNICATION AGENDA ITEM 11 f SUBJECT 1990 Bu dget Am endment De partment of Financial Services Linda Martin, Acting Finance Director ISSUE / .'\CTION PROPOSED Adopt a resolution amending the 1990 budget for the General Fund. PREVIOUS CO UNCIL ACTION The 1990 budget was passed by th e City Co uncil In I 9 89 . STAFF ANALYSIS Wh en th e I ') budget was adopted In th e Fall of HJ 89 , U1 er e was n o r esoht tlo n on the am ount... ,f s al ary Inc reases to be granted various Ctly employees . Co nseque ntly . the amount estimated to cover U1 ose anllc lpated , but u n ce rtai n. s alary posts were budge ted In an account labeled General Gove rnment \\1th the Intent to d is tribute U10s e funds late In th e year to those d ep artm nts which n ce cl ccl t h e fu n d s. It Is Im portant lo note U1 a t U1 c Gen eral Fu nd b udge t ns a u thorize d hy Co u ncil was not excceclecl . Howeve r . \\ithln the Ge n en ,l Fu n d . sever al de pa rtme nt s excee ded t heir b ottom lir.e , whllc 0U1c rs . fo rtuna tely. dttl n ot. Wtlh thr mluor exce pti on of Safe ly S En1ces. all of the overage Is a ttr 'but a blc to salm,· C'<prnsr whi ch w , s u ncl erl mclgrted In the d eportme nt ;is rl r~c rthrd a bove. In Snfr ly Srn·lr•·~. "porl\nn of thr m·rrngc ts clu e to the Le~•d cn srttJ cmc nl. State statutes require that each department conclude the ye ar lwht a balanced A bi1dget. Rather than reapproprlatlng each departmental excess, we h a ve chos~n. for - lhr. sake of stmpllclty , to alloca te the amount In the General Government account ,..,r1 then take the remainder from the fund halance . The net effec t on U1 e year end ·•md balance Is the same. FINANCIAL The recommended budget a djus tments are as follows: From General Government budge t of $428,287 lran fer : $323 ,2 87 to Safety ServJ ces 21 ,000 to Municipal Court 23 ,000 to Administrative ServJ ces 25 ,000 tc Finance 36 ,000 to Commuruty Dev elo pment From Ge neral Fund Fund Balance transfer: S219, 792 to Safety ServJ ces