HomeMy WebLinkAbout058 - 05/04/2021 - APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE FROM PHILANTHROPIC DONATIONS RECEIVED BY ORDINANCE NO. 058, 2021
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE
FROM PHILANTHROPIC DONATIONS RECEIVED BY CITY GIVE
FOR VARIOUS CITY PROGRAMS AND SERVICES AS DESIGNATED BY THE DONORS
WHEREAS, in fiscal year 2020 the City received several individual philanthropic
donations of$5,000 of less, except for one $6,519 donation, totaling $34,291 and these funds are
currently unappropriated from prior years reserves; and
WHEREAS, so far in fiscal year 2021 the City has received several more individual
philanthropic donations of $5,000 or less totaling $7,973 and these funds are currently
unappropriated; and
WHEREAS, these donations have been directed by the donors to be used by the City for
certain designated uses within and for the benefit of certain City service areas as each donation is
described in Exhibit"A"attached hereto and incorporated herein by refernece; and
WHEREAS, as acknowledged by Section 2.5 of the City's Fiscal Management Policy 2 —
Revenue approved by City Council, the City Manager has adopted the City Give Financial
Governance Policy to provide for the responsible and efficient management of charitable donations
to the City (the "City Give Policy"); and
WHEREAS, Section 52.2.C. of the City Give Policy authorizes the City Give Director to
accept donations of$5,000 or less for the City service area intended by the donor to be benefited
and Section 52.2.D. of the City Give Policy authorizes the City Manager to accept donations of
more than $5,000 up to $100,000; and
WHEREAS, as so authorized, the City Give Director and City Manager have accepted for
the benefited City service areas, as applicable, the donations to be appropriated in this Ordinance
to be used as directed by each donor as described in Exhibit"A"; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon
recommendation of the City Manager, to make supplemental appropriations by ordinance at any
time during the fiscal year, provided that the total amount of such supplemental appropriations, in
combination with all previous appropriations for that fiscal year, does not exceed the current
estimate of actual and anticipated revenues to be received during the fiscal year; and
WHEREAS, Article V, Section 9 of the City Charter also permits the City Council to
appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be
available from reserve's accumulated in prior years, notwithstanding that such reserves were not
previously appropriated; and
WHEREAS, the City Manager has recommended the appropriations described in Sections
2 and 3 of this Ordinance and determined that the amount of each of these appropriations is
available and previously unappropriated from the funds named in Sections 2 and 3 and will not
-1-
cause the amount appropriated in each such fund to exceed the current estimate of actual and
anticipated revenues to be received in those funds during this fiscal year; and
WHEREAS, these appropriations will serve the public purpose of providing additional
revenue to each of the benefited service areas to aid them in accomplishing the public purposes for
which each service area is established thereby benefiting the public's health, safety and welfare.
NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That there is hereby appropriated from the following funds these amounts of
philanthropic revenue held in prior year reserves to be expended as designated by the donors in
support of the various City's programs and services as described in Exhibit "A":
General Fund $7,376
Natural Areas Fund $1,350
Cultural Services& Facilities Fund $4,900
Recreation Fund $l 1,187
Transportation Services Fund $4,343
-Capital Projects Fund $3,125
Benefits Fund $2,010
Section 3. That there is hereby appropriated from the following Funds the amounts of
unanticipated philanthropic revenue received in 2021 to be expended as designated by the donors
in support of the various City's programs and services as described in Exhibit"A":
General Fund $1,973
Capital Projects Fund $1,000
Light& Power Fund $5,000
Introduced, considered favorably on first reading, and ordered published this 20th day of
April, A.D. 2021, and to be presented for final passage on the 4th day of May, A.D. 2021.
r
ATTEST: o�to
ar co
C' Cle
cpLORP�O
Passed and adopted on final reading on the 4th day of May, A.D. 2021.
Ma r
ATTEST:
of FORr�
C ty Cle : SEAL N
COCORApO