HomeMy WebLinkAboutResolution 10, 2018CITY OF WHEAT RIDGE, COLORADO
RESOLUTION N0.10
Series of 2018
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2018
BUDGET TO REFLECT THE APPROVAL OF A
SUPPLEMENTAL BUDGET APPROPRIATION FOR THE
RE-APPROPRIATION AND RE-ENCUMBRANCE OF
2017 FISCAL YEAR ENCUMBERED FUNDS IN THE
AMOUNT OF $3,814,603.10
WHEREAS, the City's independent auditor has recommended that the City utilize
generally accepted accounting principles (GAAP) for its budgeting basis which requires
all encumbrances to expire at year end; and
WHEREAS, 55 purchase ordersr~mainetj open on December 31, 2017;
and
WHEREAS, to continue these proiects in 261 a a supplemental budget
appropriation is necessary to transfer the funds from unr~served fund balances to
specific 2018 budget line item~: · · · · · · · ·· .· -
NOW, THEREFORE, BE· IT RESOLVED by the City Council of the 'City of
Wheat Ridge, Colorado, as follows: · · · ··
A The City of Wheat Ridge fiscal year 2018 Budget be amended accordingly,
specifically transferring a total of $3, 814,603.10 from the following unreserved fund
balances to specific 2018 Budget line items as detailed in the attached spreadsheets:
General Fund $ 648,284. 71
Police Investigation Fund _ . . . $ . 24,800.09 .
Capital Investment Program Fund (CIP) $1 ;259,258.-77"
Bond Issue 2E $ 486,462.49
Open Space Fund $. :1,Q84,331.28
Conservation Trust Fund $ · · ·264,291.25
Equipment Replacement Fund $ 47.1·6.8.60
Total:. $ 3,814,603. 10
DONE AND RESOLVED this .12th day of Febr~arv -~fofa.
(JJ~
Bud Starker, Mayor
ATTEST: