HomeMy WebLinkAboutResolution 06, 2021CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 06 Series of 2021
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2020 CAPITAL IMPROVEMENT PROGRAM BUDGET TO REFLECT THE APPROVAL OF A REDUCTION IN APPROPRIATION IN THE AMOUNT OF $1,717,858
WHEREAS, budget carryovers from 2019 and other supplemental budget appropriations throughout 2020 were approved for the Capital Improvement Program budget which increased budgeted expenditures above budgeted revenues; and
WHEREAS, Section 10.10(c) of the Wheat Ridge City Charter authorizes the City Council to take action to prevent or minimize any budget deficit and for that purpose it may by resolution reduce one or more appropriations; and
WHEREAS, it is necessary to reduce the approved Capital Improvement Program budget to ensure a balanced 2020 budget.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows:
A budget reduction in the amount of $217,858 to account #30-303-800-840 and a budget reduction in the amount of $1,500,000 to account #30-303-800-884 are hereby approved.
DONE AND RESOLVED this 8th day of February, 2021
______________________________ Bud Starker, Mayor
ATTEST:
______________________________ Steve Kirkpatrick, City Clerk