HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/17/2002 - SECOND READING OF ORDINANCE NO. 125, 2002, APPROPR i
AGENDA ITEM SUMMARY ITEM NUMBER: 12
DATE: September 17, 2002
' FORT COLLINS CITY COUNCIL FROM:
Gayle Foos
SUBJECT :
Second Reading of Ordinance No. 125, 2002, Appropriating Unanticipated Revenue in the North
Front Range Transportation & Air Quality Planning Council Fund for the Operation of the North
Front Range Transportation & Air Quality Planning Council's 2002-2003 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,
2002 to September 30, 2003. 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.
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This Ordinance, which was unanimously adopted on First Reading on September 3, 2002, enables
staff to more consistently manage and track the NFRT&AQPC's budget and expenditures.
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AGENDA ITEM SUMMARY ITEM NUMBER: 17
FORT COLLINS CITY COUNCIL DATE: September 3, 2002
STAFF: Gayle Foos
SUBJECT:
First Reading of Ordinance No. 125,2002,Appropriating Unanticipated Revenue in the North Front
Range Transportation & Air Quality Planning Council Fund for the Operation of the North Front
Range Transportation & Air Quality Planning Council's 2002-2003 Metropolitan Planning
Organization Administration Program Year.
RECOMMENDATION: ^�
Staff recommends adoption o e Ordi ce o i t Reading
FINANCIAL IMPACT:
This item appropriates $1,840,000 in the MPO Fund, representing the 2002-2003 fiscal year budget for the
administration of the North Front Range Transportation & Air Quality Planning Council, also known as the
Metropolitan Planning Organizatirsadm
). oll fu 'ng sctrces have been identified:
2002-2003 Federal Fiscal Year Fun tered YO $ 1.360,598
Local Match from MPO Member $ 176,402
VanGo Program Revenues $ 303.000
Total $ 1,840,000
Because it is a federal grant project, the appropriation will be "non-lapsing", so it will be carried forward to
2003.
EXECUTIVE SUMMARY:
The North Front Range Transportation & Air Quality Planning Council (NFRT&AQPC) is the
regional Metropolitan Planning Or anization. The administration/program budget for the
NFRT&AQPC is funded with era po o ro oll s administered by the Colorado
Department of Transportatio DOT) ed o h al f and program year of October 1,
2002 to September 30, 200 Thi od e of come and to the City's calendar year
1 appropriation time frame,and this ime 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 2002-2003 program year is $1,840,000 for administration of the NFRT&AQPC and its related
programs.
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. Beginning in 1998 with
ep em er ,
DATE: ITEM NUMBER: 17
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 2002-2003 what Ordinance No. 184, 1998,
accomplished for the budget year 1998-1999 and similar ordinances accomplished for years 1999-
2000, 2000-200f, and 2001-2002. 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 2002-2003. The City's share of the local match to be expended in connection
with the federal funds is already a part of the City's approved 2002-2003 biennial budget.
CUPY