HomeMy WebLinkAbout055 - 04/15/2025 - APPROPRIATING PRIOR YEAR RESERVES RECEIVED THROUGH CITY GIVE FOR THE PAYMENT ASSISTANCE FUND AS DESIORDINANCE NO.055,2025
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES RECEIVED
THROUGH CITY GIVE FOR THE PAYMENT ASSISTANCE FUND
AS DESIGNATED BY THE DONORS
A.In the last five years,the City has received generous donations to the
Utilities Payment Program account (the “Payment Assistance Fund”),established in
Section 26-722 of the City Code,both large and modest,as philanthropic gifts to City
residents.
B.This appropriation benefits the public health,safety,and welfare of the
residents of Fort Collins and serves the public purpose of supporting the Utilities
Emergency Fund program in the Payment Assistance Fund,which benefits qualified utility
customers needing financial assistance for electrical and water utilities.
C.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 appropriate.
D.The City Manager has recommended the appropriation described herein
and determined that the funds to be appropriated are available and previously
unappropriated from the Light and Power Fund and that this appropriation will not cause
the total amount appropriated in the Light and Power 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 prior year reserves in the Light
and Power Fund the sum of FOUR HUNDRED FORTY-THREE THOUSAND SIX
HUNDRED DOLLARS ($443,600)to be expended in the Light and Power Fund for the
Payment Assistance Fund.
Introduced,considered favorably on first reading on April 1,2025,and approved
on second reading for final passage on April 15,2025.
Mayor Pro Tern
ATTEST:
City Cl-’
Effective Date:April
Approving Attorney:
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25,2025
Dianne Criswell