HomeMy WebLinkAbout2026 - RESO 11 - 2025 CarryoversCITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 11
SERIES OF 2026
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2026 BUDGET
TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET
APPROPRIATION FOR THE REAPPROPRIATION AND RE-
ENCUMBRANCE OF 2025 FISCAL YEAR ENCUMBERED FUNDS IN
THE AMOUNT OF $10,360,392
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, 59 purchase orders remained open on December 31, 2025; and
WHEREAS, to continue these projects in 2026, a supplemental budget
appropriation is necessary to transfer funds from unreserved fund balances to specific
2026 budget line items.
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 2026 Budget be amended accordingly, specifically transferring a total of $10,360,392 from the following unreserved
fund balances to specific 2026 Budget line items as detailed in the open PO report:
General Fund $489,414
Public Art Fund $218,050
Capital Project Fund $877,274
Open Space Fund $1,016,003
Renewal Wheat Ridge Bond Projects $5,888,491
Conservation Trust Fund $85,854
Ballot 2J Bond Fund $1,785,306
TOTAL $10,360,392
DONE AND RESOLVED this 23rd day of February 2026.
ATTEST:
Onorina Maloney, Senior Deputy City Clerk