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HomeMy WebLinkAbout074 - 05/20/2025 - APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE, APPROPRIATING PRIOR YEAR RESERVES AND AUTHORIZINGORDINANCE NO. 074, 2025 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE, APPROPRIATING PRIOR YEAR RESERVES AND AUTHORIZING TRANSFER OF APPROPRIATIONS OF VARIOUS GIFTS RECEIVED THROUGH CITY GIVE A.The City has received generous donations in 2024 and 2025 through its City Give program, both large and modest, as philanthropic gifts to the public and the City programs and activities to serve the community. B.This appropriation benefits the public health, safety, and welfare of the residents of Fort Collins and serves the public purpose of supporting programs or capital expenses throughout the city, including, but not limited to, public safety, parks and recreation, utility payment assistance, and the 9-11 Memorial. C.Arti:::le 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.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. E.The City Manager has recommended the appropriations described in Section 1 of this Ordinance and determined that the amount of each of these appropriations is available and previously unappropriated from the respective funds named in Section 1 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. F.The City Manager has recommended the appropriation described in Section 2 of this Ordinance and determined that the amount of the appropriation is available and previously unappropriated from reserves accumulated in prior years. G.Article V, Section 10 of the City Charter authorizes the City Council, upon recommendation by the City Manager, to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project to another fund or capital project, provided that the purpose for which the transferred funds are to be expended remains unchanged, the purpose for which the funds were initially appropriated no longer exists, or the proposed transfer is from a fund or capital project in -1- which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance. H.The City Manager has recommended the transfer of $3,025 from the General Fund to the Light & Power Fund and determined that the purpose for which the transferred funds are to be expended remains unchanged. 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 the donations to the Payment Assistance Fund as appropriations that shall not lapse until the earlier of the expiration of the donation or the City's expenditure of all funds received from such donation. 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 received in 2025 to be expended as designated by the donors in support of the various City programs and services as described in the Agenda Item Summary. General Fund $15,000 Recreation Fund $ 6,275 Light and Power Fund, donation to the Payment Assistance Fund $ 25 Transoortation Services Fund $ 3,000 Section 2. 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 programs and services as described in the Agenda Item Summary. I General Fund 1 $15,000 Section 3. The unexpended and unencumbered appropriated amount of THREE THOUSAND TWENTY-FIVE DOLLARS ($3,025) is authorized for transfer from the General Fund to the Light & Power Fund and appropriated therein to be expended for the Payment Assistance Fund. -2- Section 4. The appropriation herein for the donations to the Payment Assistance Fund are hereby designated, as authorized in Article V, Section 11 of the City Charter, as appropriations that shall not lapse at the end of this fiscal year but 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 6, 2025, and approved on second reading for final passage on May 20, 2025. ATTEST: Effective Date: May 30, 2025 Approving Attorney: Dianne Criswell -3-