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HomeMy WebLinkAbout2026 - RESO 06 - CAA 2025 Budget SupplementCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 06 SERIES OF 2026 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2025 GENERAL FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $381,881 FOR CONTRACTUAL BUILDING DIVISION SERVICES WHEREAS, the City of Wheat Ridge, Colorado (the “City”) has a contract with Charles Abbott Associates, Inc. (“CAA”) to provide Building Division services; and WHEREAS, that contract stipulates that CAA is to be paid a portion of building permit and plan review fees; and WHEREAS, the City prepared and adopted a 2025 budget including building fee revenues and related expenses; and WHEREAS, actual permit-related revenues exceeded expectations; and WHEREAS, a supplemental budget appropriation is necessary to transfer funds from the unrestricted fund balance to finalize year-end invoices from CAA for building division services. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF WHEAT RIDGE, COLORADO THAT: Section 1. The City of Wheat Ridge fiscal year 2025 General Fund budget is hereby amended by transferring $381,881 from the unreserved fund balance to account 100- 70704-122 (Building Division Contract Services). DONE AND RESOLVED this 26th day of January 2026. ______________________________ Korey Stites, Mayor ___ __ Onorina Maloney, Interim Sr. Deputy City Clerk