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HomeMy WebLinkAbout051 - 06/15/1993 - APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE FOR POLICE SEIZURE ACTIVITY ORDINANCE NO. 51, 1993 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE FOR POLICE SEIZURE ACTIVITY WHEREAS, Article V, Section 7, of the Charter of the City of Fort Collins authorizes the City Council to provide by ordinance for payment of any expense from reserves accumulated in prior years notwithstanding that such reserves were not appropriated for expenditure in the annual appropriation ordinance; and WHEREAS, Article V, Section 14, of the Charter of the City of Fort Collins permits the City Council to appropriate by ordinance unanticipated revenue which is the result of rate or fee increases or new revenue sources at any time during the year in which such revenue is received; and WHEREAS, Fort Collins Police Services, in accordance with State law, has seized money and property used in criminal activities through civil forfeiture proceedings; and WHEREAS, funds from police seizure activities in 1992 and prior years in the amount of $89,962 are in a restricted reserve account in the General Fund for police seizures; and WHEREAS, the 1993 budget for expenditure of police seizure funds set by the Seizure Committee is $90,193; and WHEREAS, an additional $231 from the police seizure revenue account in the General Fund from 1993 police seizures is needed to meet the 1993 budget for expenditure of police seizure funds and is available for appropriation in the form of unanticipated revenue; and WHEREAS, police seizure funds, pursuant to state statute, are to be expended for Police Services expenses other than those constituting normal operating needs of Police Services. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that: Section 1. That there is hereby appropriated for expenditure from prior year reserves in the General Fund the total sum of Eighty-nine Thousand Nine Hundred Sixty-two Dollars ($89,962) for Police Services' expenditures which are consistent with its functions and duties, but distinct from its normal operating needs. Section 2. That there is hereby appropriated from unanticipated revenue in the General Fund the sum of Two Hundred Thirty-one Dollars ($231) for Police Services' expenditures which are consistent with its functions and duties, but distinct from its normal operating needs. Introduced, considered favorably on fi:=yor ished this 1st day of June, A.D. 1993, and to be n the 15th day of June, A.D. 1993. ATTEST: City Clerk Passed and adopted on final reading this 15th day'o' June, A.D.. 3. or ATTEST: \ Cierk