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HomeMy WebLinkAboutResolution 2015-0024CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 24 Series of 2015 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2014 RECREATION CENTER FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $18,200 FOR THE PURPOSE OF BALANCING FUND 64 AND CLOSING OUT FISCAL YEAR 2014 WHEREAS, City Council approved the 2014 Fiscal Year Budget appropriating funding to Fund 64 for the purposes of operating the Recreation Center and associated programming for the community; and WHEREAS, as part of preparing to close the 2014 Fiscal Year, expenditures in Fund 64 exceed budgeted revenues; and WHEREAS, increased revenues are available at year-end as a result of increased revenue from Recreation Center programming fees; and WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be effected by the City Council adopting a Resolution. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: Section 1. The City Council authorizes the transfer of $18,200 from Fund 64 reserves to account number 64-602-700-760 and amendment of the 2014 Fund 64 revenue accordingly. DONE AND RESOLVED this 13h day of April 2015. Janelle