HomeMy WebLinkAbout099 - 01/03/1974 - APPROPRIATING REVENUES RECEIVED IN 1973 IN EXCESS OF BUDGET ESTIMATES FOR EXPENDITURES IN THE YEAR 1 r
ORDINANCE NO 99, 1973
BEING AN ORDINANCE APPROPRIATING REVENUES RECEIVED IN 1973
IN EXCESS OF BUDGET ESTIMATES FOR EXPENDITURES IN THE YEAR
1973
WHEREAS, it appears that costs of construction of the swimming pool will
exceed the amount presently budgeted for such project, and
WHEREAS, the City has received from the federal government, revenue
sharing funds which can be used to offset such excessive costs, and
WHEREAS, the actual revenue to be received in the general fund of the
City for the year 1973 will exceed the budget estimates for such year by more than
$121,000 00, and
WHEREAS, the City Manager has recommended the expenditure of $121,000 00
of such excess revenues in the year 1973, and
WHEREAS, in connection with the City capital improvement program, it is
necessary to expend or encumber funds in excess of the amount heretofore appropriated
in the amount of $203,594 00, and
11HEREAS, revenue in excess of budget estimates has been received in the
capital improvement fund sufficient to cover such expenditures, and
hULREAS, the Council desires to approve such expenditures and appropriate
such amounts for expenditure during the year 1973 in accordance with the provisions
of Section 15, Article V of the Charter of the City of Fort Collins
NOW, THEREFORE, BE IT IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that the following amounts be and the same hereby are appropriated from the funds
indicated for expenditure in the funds indicated as follows
Fund Appropriated From Fund to Which Appropriated Amount
Revenue Sharing Trust Fund Capital Improvement Revolving Fund $101,000 00
General Fund Capital Improvement Revolving Fund 121,000 00
Capital Improvement Fund Capital Improvement Fund 2039594 00
Introduced, considered favorably on first reading, and ordered published
this 20th day of December, A D , 1973, and to be presented for final passage on the
3rd day of January, A D , 1974
Mayor
ATTEST
ity Clerk
Passed and adopted on final reading this 3rd day of January, A D 1974
Mayor �
ATTEST
City Clerk
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