HomeMy WebLinkAboutResolution 12 - 2022 - CCC Public Art Budget Supplemental
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 12
Series of 2022
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2022
PUBLIC ART FUND BUDGET TO REFLECT THE
APPROVAL OF A SUPPLEMENTAL BUDGET
APPROPRIATION IN THE AMOUNT OF $185,000 FOR THE
CLEAR CREEK CROSSING PUBLIC ART INSTALLATION
WHEREAS, City Council approved a contract and payment to Aethyrworks for a
public art installation at Clear Creek Crossing on November 8, 2021; and
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, sufficient funds were available in 2021 for this project and were
returned to the Public Art Fund fund balance on December 31, 2021; and
WHEREAS, to continue this project in 2022, a supplemental budget
appropriation is necessary to transfer $185,000 from Public Art Fund unreserved fund
balance to the Clear Creek Crossing public art expenditure line item.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat
Ridge, Colorado, as follows:
A transfer of $185,000 is hereby approved from the Public Art Fund ending fund
balance to account 12-601-800-810.
DONE AND RESOLVED this 28th day of March 2022.
Bud Starker, Mayor
ATTEST:
Steve Kirkpatrick, City Clerk