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HomeMy WebLinkAbout049 - 05/18/2010 - APPROPRIATING UNANTICIPATED GRANT REVENUE AND TRANSFERRING PRIOR YEAR RESERVES IN THE NORTHERN COLOR ORDINANCE NO. 049, 2010 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE AND TRANSFERRING PRIOR YEAR RESERVES IN THE NORTHERN COLORADO DRUG TASK FORCE RESERVE TO THE GENERAL FUND FOR THE NORTHERN COLORADO DRUG TASK FORCE WHEREAS, the Office of National Drug Control Policy has awarded Fort Collins Police Services ("FCPS") a grant of federal money in the amount of$25,823; and WHEREAS,there are $173,381 in prior year reserves in the Northern Colorado Drug Task Force Reserve in the General Fund; and WHEREAS,the grant and prior reserve funds will be used by the Northern Colorado Drug Task Force (the "Task Force") to help fund the investigation of illegal narcotics activities and the 2010 annual operating budget of the Task Force; and WHEREAS, the Task Force consists of representatives from FCPS, Loveland Police Department, and the Colorado State University Police Department; and WHEREAS, the City and FCPS will administer the grant for the Task Force; 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,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 has determined that the appropriation of the grant funds as described herein will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in that fund during the fiscal year. WHEREAS, it is the desire of the City Council to appropriate unanticipated revenue and prior year reserves in the Northern Colorado Drug Task Force Reserve for transfer to the General Fund for appropriation therein for Police Services for the Northern Colorado Drug Task Force. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated from unanticipated grant revenue in the General Fund the sum of TWENTY-FIVE THOUSAND EIGHT HUNDRED TWENTY-THREE DOLLARS ($25,823)for expenditure,upon receipt,in the General Fund for Police Services for the Northern Colorado Drug Task Force. Section 2. That there is hereby appropriated from prior year reserves in the Northern Colorado Drug Task Force Reserve the sum of ONE HUNDRED SEVENTY-THREE THOUSAND THREE HUNDRED EIGHTY-ONE DOLLARS ($173,381) for transfer to the General Fund, and appropriated therein, for Police Services for the Northern Colorado Drug Task Force. Introduced,considered favorably on first reading,and ordered published this 4th day of May, A.D. 2010, and to be presented for final passage on th418th May, A.D. 2010. -ATTEST: , City Clerk Passed and adopted on final reading on the 18th day o ay; A.D. 2010. May (ATTEST: City Clerk