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HomeMy WebLinkAbout034 - 03/16/1999 - AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS BETWEEN FUNDS ORDINANCE NO. 34, 1999 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS BETWEEN FUNDS WHEREAS, in August 1998,the Council approved Ordinance No. 116, 1998, adopting the 1998-1999 City Pay Plan; and WHEREAS,the decision was made by Council to phase-in the implementation of the 1998- 1999 City Pay Plan over a two-year period, 1999 and 2000; and WHEREAS, funds in the amount of$2,273,205 were appropriated with the 1999 annual budget for the first year of the two-year implementation of the 1998-1999 City Pay Plan; and WHEREAS, these funds were appropriated in the General Fund for compensation of employees in the General Fund and in funds subsidized by the General Fund; and WHEREAS,ofthe total amount of$2,273,205 appropriatedfor the 1998-1999 City Pay Plan, $902,109 is for compensation of employees in funds subsidized by the General Fund; and WHEREAS, it is necessary to transfer the $902,109 from the General Fund to the funds subsidized by the General Fund for the compensation of employees; and WHEREAS,Article V, Section 10, of the Charter authorizes the City Council to transfer by ordinance any unexpended 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. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS thatthe unexpended appropriated amount of NINE HUNDRED TWO THOUSAND ONE HUNDRED NINE DOLLARS ($902,109) is hereby authorized for transfer from the General Fund to the following funds: Cemetery Fund $ 11,110 Cultural Services & Facilities Fund 117,990 Recreation Fund 171,152 Transit Services Fund 566,426 Transportation Fund 35,431 TOTAL $902,109 for the first year of the two-year implementation of the 1998-1999 City Pay Plan and appropriated therein. Introduced, considered favorably on first reading, and ordered pu shed this 2nd day of March, A.D. 1999, and to be presented for final passage on the r6th day of arch, A. 9. Mayor ATTEST: IMI& City Clerk Passed and adopted on final reading this 16th day of March, A.D. 1999. mayor ATTEST: City Clerk