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HomeMy WebLinkAbout066 - 12/23/1971 - APPROPRIATING THE SUM OF $18,325 OUT OF SURPLUS IN THE SPECIAL ASSESSMENTS FUND, THE SUM OF $425 OUT A A ORDINANCE NO 66, 1971, BEING AN ORDINANCE APPROPRIATING THE SUM OF $18,325 00 OUT OF SURPLUS IN THE SPECIAL ASSESSMENTS FUND, THE SUM OF $425 00 OUT OF SURPLUS IN THE PARK ACQUISITION FUND, THE SUM OF $124,000 00 OUT OF SURPLUS IN THE GOLF COURSE FUND, THE SUM OF $410,000 00 OUT OF SUR- PLUS IN THE SEWER CAPITAL IMPROVEMENTS FUND, AND THE SUM OF $30,000 00 OUT OF SURPLUS IN THE GENERAL FUND WHEREAS, it has been necessary to make certain expenditures for the proper operation of the City government during the year 1971 for which funds were not budgeted, and WHEREAS, Section 15 of Article V of the City Charter provides that at the expiration of eight months of the budget year or thereafter within the budget year if the actual revenue realized exceeds the budget estimates, the Council may, by ordinance, appropriate the excess to any purpose recommended bythe City Manager for expenditure during the budget year, and WHEREAS, the actual revenue realized by the City exceeds the budget estimates in amounts more than the amounts required to be appropriated by this ordinance out of the special assessments fund, the park acquisition fund, the golf course fund, the sewer capital improve- ments fund and the general fund, and WHEREAS, the City Manager has recommended that the sum of $18,325 00 be appropriated from the special assessments fund, the sum of $425 00 be appropriated from the park acquisition fund, the sum of $124,000 00 be appropriated from the golf course fund, the sum of $410,000 00 be appropriated from the sewer capital improvements fund, and the sum of $30,000 00 be appropriated from the general fund to be transferred to the airport fund NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section 1 That there is hereby appropriated to be expended in the fiscal year 1971 the respective sums of $18,325 00, $425 00, $124,000 00, $410,000 00 and $30,000 00 r Section 2 Said sums are hereby appropriated out of surplus, respectively, in the special assessments fund, the park acquisition fund, the golf course fund, the sewer capital improvements fund and the general fund, which said sums so appropriated shall be expended from the funds for which said appropriations are made and for the purposes for which said funds are established Introduced, considered favorably on first reading, and ordered published this 9th day of December, A D 1971, and to be presented for final passage on the 23rd day of December, A D 1971 Ciice..vti a� r ATTEST /ZLC City E�prk Passed and adopted on final reading this 23rd day of December, A D 1971 Ma. r ATTEST City Clerk -2-