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HomeMy WebLinkAbout1984 Resolution No. 014JE SOLU 'r!ON NO, Ji__ -'SERIES OF 1984 A RESOLUTION AMENDING THE 1983 GENERAL FUND. I WHEREAS, the Fire Department had exceed ed thei r Personal Service s Budget; and WHl :REA S , t he ofor em e ntlon c cl c o s t s excee ded the 19 8 3 · b udget ; a nd I NOW , IHEREFORE , BE IT RESOLVED, by th e City Council of the Ci ty of En g lew ood, Color ad o: 5ec 1:_i o n l.,_ The f o llowing appropria tion is hereby made i n the Gener a l Fu nd: Sou r c e o f Fu nds Fu nd Bal a nce ~i ca ti o n o f Fu nds F i re Sectio n 2 . ----- $ 29 ,330 $ 29 ,330 'l'he Cit y M21nu 9 e r u nd U i r e c t o r of: F in,1ncc .,r e tw r uby a u t ho r iz ed t o make the a bov e c hanges to t he 1 983 b udge t of the City of Eng lew oo d. ADOPTE D AND APPRO VED thi scJ i--d. day of ~~----' 1984. ~~=--1-~-- /..':'':'ES'!': 1.-: ·J fou1 II.~ ~ff i c i o /Cityl 7i5freasurer r , Ga ry R. Hig bee , ex offici o City Clerk-Treasurer of the C !cy of !ngl ewood , Co lorado , do her e by c e rtify that the above and foregoing i s a t rue , a cc ur a t e a nd complete copy o f Resoluti on No • ..d-, Se rie s o[ 19 84 . C O U N C I L C O M M U N I C A T I 0 N i, DATE 3 /29 /84 I AGENDA ITEM I SUBJECT 198 3 General Fund ~D I NITIATED BY And y McCown , City Man a ger ACT I ON PROPOSED Pass a resolu tion amending the 1983 General Fund I I RECOMM END /IT ION : I Re c ommen d pa s s age of a r e solu ti on a pprop riat i ng $29 ,33 0 from the I ~983 General Fun d fund ba lan c e t o th e 19 83 Fir e De partme nt budg et i n ::1e am oun t o f $29 ,330 . BACKGRO UND: ------ In 19 0 3 t he Fi r e Depa rtm e nt : :!} Had a mi s ca l c u lati on for Per so n al Services in the a mou nt of H G,744 h; Abs o r bed $7 ,000 f or mi s c e ll a neou s equipmen t i n its op e r a t in g budget fo r a ne w f ir e pu mper ::) Was ch arge d $3 ,740 for in s urance ded uctibles -' I/as charged $1 ,000 fo r una nti c i pa t ed wa t e r a nd s e we r .e l a t e d r:;,;penses ~983 GEN ER/\L FU ND BUD GET : ~:sted bel ow i s a summary of th e over a 11 st a tu s o f th e 19 83 General Fund b ud g et , a nd some sp e c i f ic po ints to draw you.: attenti on to: s l The fund ba la nc e fo r the Ge ne r al Fund a s of 12/31/83 was $1 ,681 ,6 72 or $38 1 ,694 a bo ve t he a mount th a t wa s forecast at th e beginni ng o f t he ye a r fo r the 1984 budget. ' Actua l Fu nd Balance $1 ,68 1,67 2 Funcl Balanc e Budgeted 1/1 /84 1 ,299,9 7 8 --------- Fund Ba l anc e Ab ove For ecast 381 ,694 I I b) Even though th e Ge neral Fund sales t a x revenu es ca me i n $585 1 000 below the pro jected budg e t, the Ge neral Fund 's e xtremely g ood fund bala nce l s a result of t wo things. One bei ng other r evenue source s came in ap proxlm~tel y $278 ,000 hi ghe r t ha n e xp ect e d a nd the s econd point being actua l o pe r ating expe nd itures wer e t rimmed approxi ma tely $670,000 below the appropriated ~unge t level. Fu nd Bal ance 1/1/82 Rev enue: Oper a t ing Tr a ns fer f rom othe r fun ds Total Revenue Expe nd i ture : Operating Transfer from othe r fu nds :·otal Ex pendi - tu '"eS run d Balance 12 /31/83 Actu a l Rev/Ex p 1,489,608 Budg et b y Ord 1,109,352 14 ,726,8 41 15 ,0 33,7 7 4 6 45 ,29 1 14 ri,o oo 16 ,8 61 ,740 1 6 ,8 &9 ,)26 14 ,5 60 ,068 15,23 ",9 56 620 ,0 00 700 ,000 15 ,1 80 ,068 15,93 0 ,856 1 ,681 ,672 958,270 ~ 380,2 56 Revis nd Bud ge t 1,4 0 9 ,,,oa (30 6 ,933) 1 4 ,580 ,6 69 (100,709) 615 ,076 (27 ,3 86) 1 6 ,71 3 ,353 (6 70 ,78 8) 14 ,80 3 ,070 (80,000 ) 620 ,000 (7 50 ,788) 1~1 423 ,070 723 ,402 1,290,283 130 ,1 72 10 ,2 15 14 8 ,387 (2 4 3 ,00 2) (,143 ,002 ) 391,389