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HomeMy WebLinkAbout061 - 05/21/2024 - UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED THROUGH CITY GIVE FOR VARIOUS PROGRAMS AND SERVICES ASORDINANCE NO.061,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES AND
UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED
THROUGH CITY GIVE FOR VARIOUS PROGRAMS AND
SERVICES AS DESIGNATED BY THE DONORS
A.In 2023,the City received seven donations totaling $4,815 and since the
beginning of 2024,nineteen donations totaling $53,420 to be used for various City
programs and services.
B.The donors have directed these donations to be used solely by the City for
certain designated uses.
C.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”).
D.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 similarly authorizes the City
Manager to accept donations of more than $5,000 up to $100,000.
E.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 solely as directed by each donor.
F.Article V,Section 9 of the City Charter permits the City Council,upon the
recommendation of the City Manager,to make a supplemental appropriation by ordinance
at any time during the fiscal year,provided that the total amount of such supplemental
appropriation,in combination with all previous appropriations for that fiscal year,do not
exceed the current estimate of actual and anticipated revenues and all other funds to be
received during the fiscal year
G.Article V,Section 9 of the City Charter permits the City Council,upon the
recommendation of the City Manager,to make supplemental appropriations by ordinance
at any time during the fiscal year such funds for expenditure as may be available from
reserves accumulated in prior years,notwithstanding that such reserves were not
previously appropriated.
H.The City Manager has recommended the appropriations described in
Sections 1 and 2 of this Ordinance and determined that the amount of each of these
appropriations is available and previously unappropriated from the funds named in
Sections 1 and 2 and will not cause the total 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.
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I.Article V,Section 11 of the City Charter authorizes the City Council to
designate in the ordinance when appropriating funds,a federal,state or private grant or
donation,that such appropriation shall not lapse at the end of the fiscal year in which the
appropriation is made,but continue until the earlier of the expiration of the donation or the
City’s expenditure of all funds received from such donation.
J.The City Council wishes to designate the appropriation herein for various
City Give donations as an appropriation that shall lapse at the end of this fiscal year,
except for the appropriation from the Golf Fund for a golf scholarship,which shall be non-
lapsing.
K.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 benefitting the public’s
health,safety and welfare.
In light of the foregoing recitals,which the Council hereby makes and adopts as
determinations and findings,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1.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:
Capital Projects Fund $2,800
General Fund $2,015
Section 2.There is hereby appropriated from the following funds these amounts
of philanthropic revenue received in 2024 to be expended as designated by the donors:
Capital Projects Fund $10,000
General Fund $14,920
Transportation Services Fund $1,500
Golf Fund $27,000
Section 3.As authorized in Article V,Section 11 of the City Charter,the
appropriations herein for various City Give donations are hereby designated as
appropriations that shall lapse at the end of this fiscal year;provided,however,that the
appropriation herein from the Golf Fund for a golf scholarship donation is hereby
designated as an appropriation that shall not lapse at the end of the fiscal year but shall
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continue until the earlier of the expiration of the donation or the City’s expenditure of all
funds received from such donation.
Introduced,considered favorably on first reading on May 7,2024,and approved
on second reading for final passage on May 21,2024.
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ATTEST:
Interim City
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Effective Date:May 31,2024
Approving Attorney:Ryan Malarky