HomeMy WebLinkAbout118 - 10/20/2020 - APPROPRIATING PRIOR-YEAR RESERVES AND AUTHORIZING TRANSFERS OF APPROPRIATIONS IN VARIOUS CITY FUNDS ORDINANCE NO. 118, 2020
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR-YEAR RESERVES
AND AUTHORIZING TRANSFERS OF APPROPRIATIONS IN VARIOUS CITY FUNDS
WHEREAS, the City has prior year-reserves available for appropriation; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon
recommendation of the City Manager, 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 funds were not previously appropriated; and
WHEREAS, the City Manager is recommending the appropriations described herein and
has determined that these appropriations are available and previously unappropriated from the
Funds named within Section 2 of this Ordinance and will not cause the total amount appropriated
in each Fund named within Section 2 of this Ordinance to exceed the current estimate of actual
and anticipated revenues to be received in each such Fund during this fiscal year; and
WHEREAS, 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 which the amount appropriated exceeds
the amount needed to accomplish the purpose specified in the appropriation ordinance; and
WHEREAS, the City Manager has recommended the transfer of $23,650 from the
Transportation Services Fund to the Capital Projects Fund and determined that the purpose for
which the transferred funds are to be expended remains unchanged; and
WHEREAS, the City Council finds and determines that the adoption of this Ordinance is
necessary for the public's health, safety and welfare and, therefore, wishes to authorize the
expenditures described in this Ordinance.
NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2: That there is hereby appropriated from the following Funds the amounts of prior
year reserves and authorized transfers set forth below to be expended for the purposes stated below.
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A. GENERAL FUND
1. FROM: Prior Year Reserves (Manufacturing Use Tax Rebate) $291,518
FOR: Manufacturing Use Tax Rebates $291,518
2. FROM: Prior Year Reserves (City Give Donations) $1,350
FOR: Tree Plantings $1,350
3. FROM: Prior Year Reserves (Waste Innovation) $29,155
FOR: Waste Innovation Program $29,155
4. FROM: Prior Year Reserves (Land Bank) $18,600
FOR: Land Bank Expenses $18,600
B. CAPITAL PROJECTS FUND
1. FROM: Transfer from Transportation Services Fund $23,650
FOR: College Avenue and Trilby Road Intersection $19,250
FOR: Laporte Avenue $4,400
C. KEEP FORT COLLINS GREAT FUND
1. FROM: Prior Year Reserves (Fire and Emergency Services) $52,335
FOR: Dispatch Consoles and Equipment $52,335
D. TRANSPORTATION SERVICES FUND
1. FROM: Prior Year Reserves $1,300,000
FOR: Snow and Ice Removal $1,300,000
2. FROM: Prior Year Reserves $23,650
FOR: Transfer to Capital Projects Fund $23,650
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Introduced, considered favorably on first reading, and ordered published this 6th day of
October, A.D. 2020, and to be presented for final passage on the 20th day of October, A.D. 2020.
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Passed and adopted on final reading on the 20th day of October, A.D. 2020.
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