HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/04/2001 - SECOND READING OF ORDINANCE NO. 128, 2001, AUTHORI AGENDA ITEM SUMMARY ITEM NUMBER: 12
FORT COLLINS CITY COUNCIL DATE: September 4, 2001FROM•
Cliff Davidson
SUBJECT:
Second Reading of Ordinance No. 128, 2001, 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 2001-2002 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 (MPO). 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, 2001 to September 30, 2002. 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. This Ordinance was unanimously adopted on First Reading on August
21, 2001.
AGENDA ITEM SUMMARY REM NUMBER: 21
FORT COLLINS CITY COUNCIL DATE: August 21, 2001
STAFF: Cliff Davidson
SUBJECT:
First Reading of Ordinance No. 128, 2001, 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 2001-2002 Metro Slitan Planning
Organization Administration Program Year.
RECOMMENDATION:
5.
Staff recommends adoption of the Ordinance on First Reading. a [r;
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FINANCIAL IMPACT:
This item appropriates $781,101 in the Transportation Services Fund, representing the 2001-2002 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:
2001-2002 Federal Fiscal Year Funds administered by CDOT $525,179
Local Match from MPO Member Entitles' " ,, i,7 $115,283
Unexpended, Unencumbered Funds from the 2000 2001 t z
MPO Program 1 140 639
$781,101
Because it is a federal grant project,the appropriation will be"non►apsing", so it will be carried forward to 2002.
EXECUTIVE SUMMARY:
The North Front Range Transportation & Air Quality Planning Council (NFRT&AQPC) is the
regional Metropolitan Planning Organization ,(MPO). The administration/program budget for
the NFRT&AQPC is funded with fe,, 'transportation program dollars administered by the
Colorado Department of Transportation (CDOT) based on the federal fiscal and program year of
October 1, 2001 to September 30, 2002. 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. Council adoption of this Ordinance will enable staff to more
consist64 manage and track the NFRT&AQPC's budget and expenditures. The proposed
budget and appropriation foil the 2001-2002 program year is $781,101 for administration of the
NFRT&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 NFRT&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.
DATE: August 21,2001 2 ITEM NUMBER: 21
Beginning in 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.
By adopting this Ordinance, Council will appropriate the NFRT&AQPC's expenditures and
revenues. The City's share of the local match will be appropriated as part of the 2002-2003
biennial budget. City Council will adopt the 2002 budget in November 2001.
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