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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/19/2000 - SECOND READING OF ORDINANCE NO. 115, 2000, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 11 FORT COLLINS CITY COUNCIL DATE: September 19, 2000STAFF• Randy Hensley SUBJECT: Second Reading of Ordinance No. 115,2000,Appropriating Federal Grant Revenue and Authorizing the Transfer of Appropriations Between Projects in the Transportation Services Fund for the Operation of the North Front Range Transportation & Air Quality Planning Council's 2000-2001 Metropolitan Planning Organization Administration Program Year. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: The North Front Range Transportation & Air Quality Planning Council (NFRT&AQPC) is the regional Metropolitan Planning Organization. The administration/program budget for the NFRT&AQPC is funded with federal transportation program dollars administered by the Colorado Department of Transportation (CDOT) based on the federal fiscal and program year of October 1, 2000 to September 30, 2001. This period does not correspond to the City's calendar year appropriation time frame,and this time differential causes some accounting and budget management problems. Ordinance No. 115, 2000, which was unanimously adopted on First Reading on September 5,2000,enables staff to more consistently manage and track the NFRT&AQPC's budget and expenditures. AGENDA ITEM SUMMARY ITEM NUMBER: 24 FORT COLLINS CITY COUNCIL DATE: September 5, 2000 STAFF: Randy Hensley SUBJECT: First Reading of Ordinance No. 115, 2000,Appropriating Federal Grant Revenue and Authorizing the Transfer of Appropriations Between Projects in the Transportation Services Fund for the Operation of the North Front Range Transportation & Air Quality Planning Council's 2000-2001 Metropolitan Planning Organization Administration Program Year. RECOMMENDATION: Staff recommends adoption o e Ordi ce o i t Readin FINANCIAL IMPACT: This item appropriates $579,475 in the Transportation Services Fund, representing the 2000-2001 fiscal year budget for the administration of the North Front Range Transportation&Air Quality Planning Council,also known as the Metropolitan Planning Organization (MPO). The following funding sources have been identified: 2000-2001 Federal Fiscal Year Fun Admini"red C O $436,630 Local Match from MPO Member E es 95,845 Unexpended, Unencumbered Funds fr e 1 O Pro 47,000 $579,475 Because it is a federal grant project,the appropriation will be"non-lapsing", so it will be carried forward to 2001. EXECUTIVE SUMMARY: The North Front Range Transportation & Air Quality Planning Council (NFRT&AQPC) is the regional Metropolitan Plannin ani a is ion/program budget for the NFRT&AQPC is funded with deral port 'o ro 1 s administered by the Colorado Department of Transportatio DOT) sed o h ral fi al and program year of October 1, 2000 to September 30, 2001. h' p 'od a of cone and to the City's calendar year appropriation time frame,and this time differential causes some accounting and budget management problems. The Council's approval of this Ordinance will enable staff to more consistently manage and track the NFRT&AQPC's budget and expenditures. The proposed budget and appropriation for the 2000-2001 program year is $579,475 for administration of the NRFT&AQPC. BACKGROUND: The City of Fort Collins currently performs the administrative duties,including fiscal management, for the NFRT&AQPC. Over the past several years, the NRFT&AQPC's budget has been funded on the federal fiscal year of October through September while the City's financial system is based on the calendar year. This has resulted in difficulties in keeping fund statements balanced, and managing the finances for the program in the most effective manner. Beginning in 1998 with DATE: September 5, 2000 2 ITEM NUMBER: 24 Ordinance No. 184, 1998, the funding for the NFRT&AQPC was appropriated by ordinance separate from the City's general annual appropriation ordinance in order to provide funding availability that corresponds with the federal fiscal year (October 1 through September 30). The result was better fiscal management and improved accountability for the finances of the NFRT&AQPC. This Ordinance will accomplish for the budget year 2000-2001 what Ordinance No.184, 1998, accomplished for the budget year 1998-1999,and a similar ordinance accomplished for 1999-2000. By adopting this Ordinance,Council will appropriate the NFRT&AQPC's expenditures to be spent and revenues collected within a program year based upon the federal fiscal year 2000-2001. The City's share of the local matt x e 'n n ti wi a federal funds is part of the 2000-2001 biennial budget. y Coun will p th 1 budget in November 2000.