HomeMy WebLinkAbout169 - 12/03/2024 - MAKING A SUPPLEMENTAL APPROPRIATION OF ADDITIONAL REVENUE RECEIVED IN THE RECREATION FUND TO SUPPORTORDINANCE NO. 169, 2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
MAKING A SUPPLEMENTAL APPROPRIATION OF ADDITIONAL
REVENUE RECEIVED IN THE RECREATION FUND TO
SUPPORT RECREATION PROGRAMS AND SERVICES
A.Public participation at the City's Recreation Facilities is higher than the City
anticipated in its 2023-2024 Budget. Both Recreation's revenues and expenses are
higher than anticipated. The Recreation Department is currently projected to finish 2024
with surplus revenue of approximately $800,000 and expenses that are more than
$400,000 over budget. A supplemental appropriation of $600,000 from this additional
revenue is needed to cover the Recreation Department's higher-than-anticipated
expenses.
B.This appropriation benefits the public health, safety, and welfare of the
residents of Fort Collins and serves the public purpose maintaining all current recreation
services to the public.
C.Article V, Section 9 of the City Charter permits the City Council, upon
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.
D.The City Manager has recommended the appropriation described herein
and determined that this appropriation is available and previously unappropriated from
the Recreation Fund and will not cause the total amount appropriated in the Recreation
Fund to exceed the current estimate of actual and anticipated revenues and all other
funds to be received in this Fund during this fiscal year.
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 that there is hereby appropriated from new revenue or other funds in the
Recreation Fund the sum of SIX HUNDRED THOUSAND DOLLARS ($600,000) to be
expended in the Recreation Fund to cover expenses for Recreation Programs and
Services.
-1-
Introduced, considered favorably on first reading on November 19, 2024, and
approved on second reading for final passag
e(
December 3, 24.
ATTEST:
crtycll; -
Effective Date: December 13, 2024
Approving Attorney: Ted Hewitt
May r
-2-