HomeMy WebLinkAbout2015 Resolution No. 007RESOLUTION NO. 2_
SERIES OF 2015
A RESOLUTION APPROVING A SUPPLEMENT AL APPROPRIATION OF FUNDS TO THE
2015 BUDGET.
WHEREAS, the City of Englewood is required by City Charter to ensure that expenditures do
not exceed legally adopted appropriations; and
WHEREAS, the 2015 Budget was submitted and approved by the Englewood City Council on
November 3, 2014; and
WHEREAS, staff recommends City Council approve a transfer and supplemental
appropriation of funds for additional costs related to obtaining and upgrading a 2015 Ford Police
Interceptor Utility Vehicle as a marked police vehicle; and
WHEREAS, this transfer and supplemental appropriation was not known when the 2015
Budget was prepared nor was a Ford Interceptor anticipated as the replacement vehicle for the
2011 Ford Crown Victoria that is at the end of its useful life;
WHEREAS, the General Fund's Undesignated Reserves will decrease $4,000.00, the Police
Department will budget for payments to the CERF for the replacement cost of this vehicle over
the term of its useful life in the future.
NOW, THEREFORE, BE IT RESOLVED BY TIIE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, AS FOLLOWS:
Section 1. The Budget for the General Fund of the City of Englewood, Colorado, is hereby
amended for the year 2014, as follows:
GENERAL FUND:
SOURCE OF FUNDS:
Undesignated Fund Balance $4,000.00
USE OF FUNDS:
Transfer Out to the Capital Equipment Replacement Fund $4,000.00
CAPITAL EQUIPMENT REPLACEMENT FUND:
SOURCE OF FUNDS:
Transfer In from the General Fund $4,000.00
USE OF FUNDS:
Ford Police Interceptor Utility Vehicle Upgrades $4,000.00
Section 2. The City Manager and the Director of Finance and Administrative Services are
hereby authorized to make the above changes to the 2015 Budget for the City of Englewood.
ADOPTED AND APPROVED this 20th day of January, 2015
ATTEST: ---~-
I, Loucrishia A. Ellis, City Clerk for rzc ~ty of Englewood, Colorado, hereby certify the
above is a true copy ofResolution No. Series of 2015. ~ ~
Loucrishia A. Ellis, City Clerk
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COUNCIL COMMUNICATION
Date: Agenda Item: Subject:
January 20, 2015 11 CV Resolution for a transfer of funds and a supplemental
appropriation for upgrades to a Police Department
vehicle not originally budgeted for or accumulated in
the Capital Equipment Replacement Fund (CERF)
Initiated By: Staff Source:
Finance and Administrative Services Department Frank Gryglewicz, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
City Council has not previously discussed this particular issue but has made public safety a top priority for
many years .
The City Council approved the 2015 Budget on final reading on November 3, 2014.
RECOMMENDED ACTION
A Staff recommends City Council approve the attached resolution for a transfer and supplemental
...,. appropriation of funds for additional costs related to additional costs of obtaining and upgrading a 2015
Ford Police Interceptor Utility Vehicle as a marked police vehicle.
SOURCES ANO USES OF FUNDS
GENERAL FUND:
SOURCE OF FUNDS:
Undesi gnated Fund Balance $4,000
USE OF FUNDS:
Tranfer Out to the Capital Equipment Replacement Fund $4,000
CAPITAL EQUIPMENT REPLACEMENT FUND:
SOURCE OF FUNDS:
Transfer In from the General Fund $4,000
USE OF FUNDS:
Ford Police Interceptor Utility Vehicle Upgrades $4,000
BACKGROUND, ANALYSIS, ANO ALTERNATIVES IDENTIFIED
This transfer and supplemental appropriation was not known when the 2015 Budget was prepared nor was
a Ford lnterpector anticipated as the replace vehicle for the 2011 Ford Crown Victoria that is at the end of
its useful life.
FINANCIAL IMPACT
The General Fund's Undesignated Reserves will decrease $4,000. The Police Department will budget for
payments to the CERF for the replacement cost of this vehicle over the term of its useful life in the future.
UST OF ATTACHMENTS
Proposed Resolution