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HomeMy WebLinkAbout2026 Resolution No. 011RESOLUTION NO. 11 SERIES OF 2026 A BUDGET SUPPLEMENTAL RESOLUTION TO AMEND APPROPRIATIONS WITHIN THE 2025 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 2025 Budget was submitted and approved by the Englewood City Council in Ordinance No. 42, Series of 2024, on October 21, 2024; and WHEREAS, the 2025 Budget was amended through Budget Supplemental #1 by the Englewood City Council in Resolution No. 5, Series of 2025, on March 17, 2025; and WHEREAS, the 2025 Budget was amended through Budget Supplemental #2 by the Englewood City Council in Resolution No. 12, Series of 2025, on July 21, 2025; and WHEREAS, the 2025 Budget was amended through Budget Supplemental #3 by the Englewood City Council in Resolution No. 16, Series of 2025, on November 17, 2025; and WHEREAS, specific expenditures for 2025 have now been identified, necessitating these supplemental and amended appropriations to be hereby presented for the consideration and approval of the City Council; and WHEREAS, the Parks, Recreation, Library and Golf Department staff requests to modify the budget for the unbudgeted furniture in the Library Division, the Bridge House Ready to Work contractual services and to reinstate the budget for the budget savings challenge adjustment; and WHEREAS, the Malley Center Trust Fund Board approved the weight room expenditure equipment replacement in excess of the original budget, therefore a budget amendment is requested; and WHEREAS, the Cushing Park Project #35 1300-005 is complete and to close out this project a budget amendment is needed due to costs in excess of the original budget; and WHEREAS, the Golf Course Fund operations exceeded the budget appropriation due to additional rounds of golf played and therefore a budget amendment is requested; and WHEREAS, Section 92 of the Englewood Home Rule Charter requires the 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 2025 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 2025, as follows: ADDITIONAL APPROPRIATION in accordance with Section 93 of the Englewood Home Rule Charter: Docusign Envelope ID: FE911EF8-8DE4-81C6-8223-3028B3907E89 SOURCE OF FUNDS: (1) General Fund (02) $431,000 Source of Funds: General Fund Unassigned Fund Balance • $431,000 – Parks, Recreation, Library and Golf Department year end adjustment is due to the following unbudgeted expenditures and budget savings challenge which are offset in part by additional revenue ($422,000): o $273,000 - Budget Saving Challenge for the department is based on a five- year average of favorable budget variance (actual costs less than the budget appropriation) is a credit to the overall budget request to see if the department can absorb this amount and if this cannot be achieved a budget supplemental is requested to reinstate the budget to the original requested amount. o $88,000 – unbudgeted furniture replacement in the Library Division o $75,000 – unbudgeted Bridge House Ready to Work contractual services in the Parks Division GENERAL FUND TOTAL $431,000 (2) Malley Center Trust Fund (08) $100,000 Source of Funds: Unappropriated Fund Balance • $100,000 to replenish or replace the Malley Center's fitness/weight equipment to maintain a safe and engaging environment for patrons. Replacing the equipment lets the center stay current with trends and offers enhanced functionality. The current cardio and weight equipment have not been replaced since 2002, and several pieces require repair. Parts are hard to find, resulting in the equipment being inoperable. The purchase will allow the department to get back on track with rotating equipment every two years. This $100K expenditure for the weight room was approved by the Malley Center Trust Fund Board on February 3, 2025. MALLEY CENTER FUND TOTAL $100,000 (3) Parks and Recreation GO Bond Construction Trust Fund (35) $1,500 Source of Funds: Parks and Recreation GO Bond Construction Fund Unappropriated Fund Balance • $1,500 to closeout the Cushing Park Project #35 1300-005 due to costs in excess of original budget estimate. PARKS AND RECREATION GO BOND CONSTRUCTION FUND TOTAL $1,500 Docusign Envelope ID: FE911EF8-8DE4-81C6-8223-3028B3907E89 (4) Golf Course Fund (43) $275,000 Source of Funds: Golf Course Fund Net Position • $275,000 to adjust operational costs in excess of budget appropriation due to more rounds of golf played and is offset by the revenue generated ($479,000) GOLF COURSE FUND TOTAL $275,000 SOURCES OF FUNDS TOTAL 807,500 USES OF FUNDS (1) General Fund (02) $431,000 Source of Funds: General Fund Unassigned Fund Balance • $431,000 – Parks, Recreation, Library and Golf Department year end adjustment is due to the following unbudgeted costs and budget savings challenge which are offset in part by additional revenue ($422,000): o $273,000 - Budget Saving Challenge for the department is based on a five- year average of favorable budget variance (actual costs less than the budget appropriation) is a credit to the overall budget request to see if the department can absorb this amount and if this cannot be achieved a budget supplemental is requested to reinstate the budget to the original requested amount. o $88,000 – unbudgeted furniture replacement in the Library Division o $75,000 – unbudgeted Bridge House Ready to Work contractual services in the Parks Division GENERAL FUND TOTAL $431,000 (2) Malley Center Trust Fund (08) $100,000 Source of Funds: Unappropriated Fund Balance • $100,000 to replenish or replace the Malley Center's fitness/weight equipment to maintain a safe and engaging environment for patrons. Replacing the equipment lets the center stay current with trends and offer enhanced functionality. The current cardio and weight equipment have not been replaced since 2002, and several pieces require repair. Parts are hard to find, resulting in the equipment being inoperable. The purchase will allow the department to get back on track with rotating equipment every two years. This $100K expenditure for the weight room was approved by the Malley Center Trust Fund Board on February 3, 2025. MALLEY CENTER FUND TOTAL $100,000 Docusign Envelope ID: FE911EF8-8DE4-81C6-8223-3028B3907E89 (3) Parks and Recreation GO Bond Construction Trust Fund (35) $1,500 Source of Funds: Parks and Recreation GO Bond Construction Fund Unappropriated Fund Balance • $1,500 to close out the Cushing Park Project #35 1300-005 due to costs in excess of original budget estimate. PARKS AND RECREATION GO BOND CONSTRUCTION FUND TOTAL $1,500 (4) Golf Course Fund (43) $275,000 Source of Funds: Golf Course Fund Net Position • $275,000 to adjust for operational costs in excess of budget appropriation due to more rounds of golf played and is offset by the revenue generated ($479,000) GOLF COURSE FUND TOTAL $275,000 USES OF FUNDS TOTAL $807,500 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 2025 Budget for the City of Englewood. ADOPTED AND APPROVED this 4th day of May 2026. 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. 11, Series of 2026. Stephanie Carlile, City Clerk Docusign Envelope ID: FE911EF8-8DE4-81C6-8223-3028B3907E89