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HomeMy WebLinkAbout084 - 06/03/2025 - DESIGNATING AS NON-LAPSING AND TRANSFERRING THE PRIOR APPROPRIATION OF PHILANTHROPIC REVENUE RECEIVEORDINANCE NO.084,2025 OF THE COUNCIL OF THE CITY OF FORT COLLINS DESIGNATING AS NON-LAPSING AND TRANSFERRING THE PRIOR APPROPRIATION OF PHILANTHROPIC REVENUE RECEIVED THROUGH CITY GIVE BY ORDINANCE NO.055,2025,FOR THE PAYMENT ASSISTANCE FUND 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.On April 15,2025,Council approved Ordinance No.055,2025, appropriated from prior year reserves into the Payment Assistance Fund $443,600 to be expended for the public purpose of supporting the Utilities Emergency Fund program to benefit qualified utility customers needing financial assistance for electrical and water utilities. C.The approval of Ordinance No.055,2025 by Council was made pursuant to Article V,Section 9 of the City Charter,which 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.In support of Ordinance No.055,2025,the City Manager recommended the appropriation described therein and determined that the funds to be appropriated were available and had not been previously unappropriated from the Light and Power Fund and that that appropriation did 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. E.The City Manager recommends the transfer of $443,600 from the lapsing account to the non-lapsing account in the Light &Power Fund and has determined that the purpose for which the transferred funds are to be expended pursuant to Ordinance No.055,2025 remains unchanged. 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.The unexpended and unencumbered appropriated amount of FOUR HUNDRED FORTY-THREE THOUSAND SIX HUNDRED DOLLARS ($443,600)is authorized for transfer from the lapsing account to the non-lapsing account in the Light & Power Fund and appropriated therein to be expended for the Payment Assistance Fund. Section 2.The appropriation by Ordinance No.055,2025 for the donations to the Payment Assistance Fund are hereby designated,as authorized in Article V,Section —1— 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 20,2025, on second reading for final passage on June 3,2025. I SI ATTEST: itytlfi -—.- Effective Date:June 13,2025 Approving Attorney:Dianne Criswell Exhibits:None and approved L