HomeMy WebLinkAbout186 - 12/17/2024 - APPROPRIATING PRIOR YEAR RESERVES IN THE WATER FUND AND THE WASTEWATER FUND FOR THE TRANSFER OF FLEEORDINANCE NO. 186, 202 4
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE WATER
FUND AND THE WASTEWATER FUND FOR THE TRANSFER OF
FLEET VEHICLES BETWEEN THE WATER AND WASTEWATER
UTILITIES
A.The City owns and operates Fort Collins Utilities, which includes a Water
Utility, Wastewater Utility, and Stormwater Utility.
B.Fort Collins Utilities' Department of Water Field Operations is comprised of
four operational Divisions: (1) Water Distribution, (2) Wastewater Collection,
(3)Stormwater Collection, and (4) Water Meters. These four Divisions are funded by
three funding sources: Water Fund, Wastewater Fund, and Stormwater Fund.
C.Instead of purchasing a new Combo Vac Truck for $650,000, the Water
Distribution Division has taken ownership of the Wastewater Collection Division's used
Combo Vac Truck for the fair market value of $61,800. In exchange the Wastewater
Division has taken ownership of the Water Division's new Jet Wash Truck from the Water
Division for the fair market value of $361,478.
D.This transfer of ownership between the Divisions requires: an appropriation
of $61,800 from the Water Fund Prior Year Reserves; and an appropriation of $361,478
from the Wastewater Fund Prior Year Reserves.
E.These appropriations benefit the public health, safety, and welfare of the
residents of Fort Collins and serve the public purpose of addressing the business needs
of the Water Distribution Division and the Wastewater Collection Division, and to improve
their operational work planning and efficiency, such that the Water Utility and Wastewater
Utility can better provide services to their customers and ratepayers.
F.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 from such revenues and funds for expenditure as may
be available from reserves accumulated in prior years, notwithstanding that such reserves
were not previously appropriated.
G.The City Manager has recommended the appropriations described herein
and determined that these appropriations are available and previously unappropriated
from the Water Fund and the Wastewater Fund and will not cause the total amount
appropriated in the Water Fund or the Wastewater Fund to exceed the current estimate
of actual and anticipated revenues and all other funds to be received in the respective
Funds during this fiscal year.
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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 prior year reserves in the Water
Fund the sum of SIXTY-ONE THOUSAND EIGHT HUNDRED DOLLARS ($61,800) to be
expended in the Water Fund for the purchase of a Combo Vac Truck.
Section 2. There is hereby appropriated from prior year reserves in the
Wastewater Fund the sum of THREE HUNDRED SIXTY-ONE THOUSAND FOUR
HUNDRED SEVENTY-EITGHT DOLLARS: ($361,478) to be expended in the
Wastewater Fund for the purchase of a Jet Wash Truck
Introduced, considered favorably on first reading on December 3, 2024, and
approved on second reading for final passage on December 17, 2024.
ATTEST:
¥ft�� ity C
Effective Date: December 27, 2024
Approving Attorney: Eric Potyondy
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