HomeMy WebLinkAbout090 - 07/16/2013 - APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUES IN THE NATURAL AREAS FUND FOR THE PURPO ORDINANCE NO. 090, 2013
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUES IN THE
NATURAL AREAS FUND FOR THE PURPOSE OF PROVIDING NATURAL AREAS
PROGRAMMING NOT INCLUDED IN THE 2013 ADOPTED CITY BUDGET
WHEREAS, the City is committed to preserving natural areas and providing educational,
interpretive and appropriate recreational opportunities to the public; and
WHEREAS, Natural Areas programming implements open land conservation priorities
identified in the City's Comprehensive Plan by purchasing conservation easement interests in key
natural areas,community separators,or other open lands;providing stewardship for lands purchased;
and developing trails and interpretive features for public use; and
WHEREAS, the Natural Areas Department is funded primarily through the collection of
Open Space - Yes sales and use tax revenue, as well as revenues from the Latimer County Help
Preserve Open Space sales and use tax, investment earnings, and other miscellaneous revenues
deposited in the Natural Areas Fund; and
WHEREAS, the Natural Areas Fund has unspent and unencumbered appropriations and
additional revenue from 2012 in excess of$5,380,000 and 2013 unanticipated revenue in the amount
of$1,930,000; and
WHEREAS, Article V, Section 9, of the City Charter permits the City Council to make
supplemental appropriations by ordinance at any time during the fiscal year, provided that the total
amount of such supplemental appropriations,in combination with all previous appropriations for that
fiscal year, does not exceed the current estimate of actual and anticipated revenues to be received
during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of the revenue as described
herein will not cause the total amount appropriated in the Natural Areas Fund to exceed the current
estimate of actual and anticipated revenues to be received in that fund during any fiscal year; and
WHEREAS, Article V, Section 11 of the City Charter requires that all appropriations
unexpended or unencumbered at the end of the fiscal year lapse to the applicable general or special
revenue fund, except that appropriations for capital projects and federal or state grants do not lapse
until the completion of the capital project or until the expiration of the federal or state grant; and
WHEREAS,Article V, Section 9 of the City Charter permits the City Council to appropriate
by ordinance at any time during the fiscal year such funds for expenditure as may be available from
reserves accumulated in prior years, notwithstanding that such reserves were not previously
appropriated; and
WHEREAS, City staff recommends appropriating from prior year reserves in the Natural
Areas Fund $5,380,000 and from unanticipated revenue in 2013, $1,930,000 for a total amount of
$7,310,000 to be used for acquisition, construction,enhancement and maintenance of trail systems,
wildlife habitat and other natural areas to benefit the citizens of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That there is hereby appropriated for expenditure from prior year reserves in
the Natural Areas Fund the sum of FIVE MILLION THREE HUNDRED EIGHTY THOUSAND
DOLLARS ($5,380,000)to be used for acquisition,construction,enhancement and maintenance of
trail systems, wildlife habitat and other natural areas to benefit the citizens of the City.
Section 2. That there is hereby appropriated for expenditure from unanticipated revenue
in the Natural Areas Fund the sum of ONE MILLION NINE HUNDRED THIRTY THOUSAND
DOLLARS ($1,930,000)to be used for acquisition,construction, enhancement and maintenance of
trail systems, wildlife habitat and other natural areas to benefit the citizens of the City.
Introduced,considered favorably on first reading,and ordered published this 2nd day of July,
A.D. 2013, and to be presented for final passage on the 16th day of July, A.D. 2013.
'FORTC
`�F.,.... _ 0
SEAL
ATTEST:
�D,y
City Clerk
Passed and adopted on final reading on the 16th day of July, A.D. 2013.
o�F
G M4yor
ATTEST: r
City Clerk viz