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HomeMy WebLinkAbout1991 Resolution No. 043RESOLUTION NO. '/,J S ERIES OF 1991 A RESO LUTIO N AME NDI NG TH E GENER AL F UND 1991 BUDGET. WHE REAS, t he Ci t y Cou n ci l d e sires to s pon s or-a 4th o f Jul y Cel eb rat i on f or the r"e si d en t s of t l1 e C it y ; an d W~ERE AS, the Ci ty e ~p e c t s t o receive contribut i o ns f rom l o cal ci v ic g ro ups a n d bus in esses to fund a 4t h o f Jul y Celebration; NOW, THEREFORE, BE lT RESOLVED, by the Cit y Council o f t h e City of Enolewood, Colorado, as follow•: Section 1. h ~~P~Y made to Englewood: The fol lowing change in a p propri•tinn is the 1991 General Fund of the City of Source of Funds 4th of July Celebration Revenu~s Sl5,000 Aoolicttion ot Eundl Recreation D•p•rtment: Recreation Admi~istration si:;,ooo Section 2. The City Manager and Director of Financial Services are hP.reby authorized to make the above changes to the 1991 Budget of the City of Enolewood, ADOPTED AND APPROVED t h is ATTEST : -~~~✓✓~ City Cl e r k Pat r icia H . Crow, City Clerk of the City of Englewood, Colorado, do hereby certify that the abov e a n d f o re go i ng i s a true, accurate, and c o mple t e c opy of Resolut ion No. d,L, S e r i es o f 1991. Patr ic i a H. Crow DATE !\l ay 20, 1991 INITIATED BY STAFF SOURCE COUNCIL CO M~'IU NI CATION AG E NDA ITEM 1 1 d SUBJECT Reso lution approp riating fun ds fo r fireworks display. Departmen t of F'lnancial Serv1ces Lorraine Haye s , D!rector of Financial Serv:lcts ISSUE /ACTION PROPOSED Council ls requested to approve a r es olution amend.Ing the 1991 Ge n er al Fund budget to add revenu es and expenditures for th e 4th of July Celebration . PREVIOUS COUNCIL ACTION None . STAFF ANALYSIS The 199 1 Bu dget does not in clude revenues or ex'Pend.ltures to SUJ:iJort the proposed 4th of July Ce eb r a tl on to b e held at the old Arapal10e County Fairgrounds. Th e City e.,'Pects to receive from S 10 ,0 00 to S 15,000 In donations from various cl•"c groups a nd businesses to fun d the eve nt, and the Re creation Department will put on the event in conjunction with tl1e Cities of Littlet on, Greenwood Vill age . Ch erry HUi s \'Ulage , and the South Suburban Park s and Recreation Di s tric t. BACKGROUND The City held a simil ar 4tl1 of July fir eworks dis play and ce lebration la st year a t the sam e location , and U1 e event met wltl1 m,•~h success . F INANC IAL Th e total expendltures fo r the prog:-am should cl osely a pproxima te th e r eve nu es re ceive d . Therefore . t otal General Fund r eve nu es and to tal General Fund e:1.'Pe nditures Un Rec r ea ti on) will In crea se by a pproximately S 15 ,000 each . but t h e ne t impact to the Fund Balance will be neglig ibl e .