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HomeMy WebLinkAbout2024 Resolution No. 0151 RESOLUTON NO. 15 SERIES OF 2024 A BUDGET SUPPLEMENTAL RESOLUTION TO AMEND APPROPRIATIONS WITHIN THE 2023 BUDGET OF THE CITY OF ENGLEWOOD WHEREAS, the City of Englewood is required by Section 83 of the Englewood Home Rule Charter to ensure that expenditures do not exceed legally adopted appropriations; and WHEREAS, the 2023 Budget was submitted and approved by the Englewood City Council in Ordinance 50, Series of 2022, on October 17, 2022; and WHEREAS, the 2023 Budget was amended by the Englewood City Council in Resolution No. 9, Series of 2023, on February 21, 2023; and WHEREAS, the 2023 Budget was amended by the Englewood City Council in Resolution No. 14, Series of 2023, on May 1, 2023; and WHEREAS, the 2023 Budget was amended by the Englewood City Council in Resolution No. 18, Series of 2023, on July 17, 2023; and WHEREAS, the 2023 Budget was amended by the Englewood City Council in Resolution No. 29, Series of 2023, on November 20, 2023; and WHEREAS, City staff have completed the 2023 year-end accruals and adjustments to City accounts; and WHEREAS, the Capital Equipment Replacement Fund (“CERF”) requires an amendment of $9,000 for vehicle deliveries delayed for 2022 and received in 2023, as this delay caused the CERF fund to exceed the total amount appropriated for that fund in 2023; and WHEREAS, Section 92 of the Englewood Home Rule Charter requires City Council to adopt a Resolution to transfer any unencumbered appropriation balance or portion thereof from one department, office or agency, to another; and WHEREAS, Section 93 of the Englewood Home Rule Charter requires that appropriations in addition to those contained in the budget shall be made only on the recommendation of the City Manager, and only if the City Treasurer certifies that there is an available cash surplus sufficient to meet such appropriations; and WHEREAS, in conformance with Sections 92 and 93 of the Englewood Home Rule Charter, the City Manager hereby requests a Budget Supplemental to authorize the transfer of funds within the adopted City of Englewood 2023 budget as set forth below. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. The Budget for the City of Englewood, Colorado, is hereby amended for the year ending 2023, as follows: ADDITIONAL APPROPRIATION in accordance with Section 93 of the Englewood Home Rule Charter: SOURCE OF FUNDS: (1) Net Position of the Capital Equipment Replacement Fund (62) $9,000 DocuSign Envelope ID: 2E133035-F7B2-4E59-89F8-D448591DADAD 2 SOURCES OF FUNDS TOTAL $9,000 USE OF FUNDS (1) Capital Equipment Replacement Fund (62) $9,000 (for vehicles ordered in 2022, but delivery delayed to 2023 caused fund to exceed total 2023 appropriations) USES OF FUNDS TOTAL $9,000 Section 2. The City Manager and the Director of Finance, in accordance with Section 92 and Section 93 of the Englewood Home Rule Charter are hereby authorized to make the above listed transfers within the 2023 Budget for the City of Englewood. ADOPTED AND APPROVED this 8th day of April, 2024. Othoniel Sierra, Mayor ATTEST: Stephanie Carlile, City Clerk CLERK’S CERTIFICATION I, Stephanie Carlile, City Clerk for the City of Englewood, Colorado, hereby certify the above is a true copy of Resolution No._______, Series of 2024. Stephanie Carlile, City Clerk DocuSign Envelope ID: 2E133035-F7B2-4E59-89F8-D448591DADAD