HomeMy WebLinkAbout2026 - RESO 15 - 2025 CarryoverCITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 15
SERIES OF 2026
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2026 BUDGET
TO REFLECT THE APPROVAL OF A SUPPLEMENTAL
APPROPRIATION FOR THE RE-APPROPRIATION AND RE-
ENCUMBRANCE OF 2025 FISCAL YEAR ENCUMBERED FUNDS IN
THE AMOUNT OF $5,374,077.75
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, one additional purchase order remained open on December 31, 2025;
and
WHEREAS, to continue this project in 2026, a supplemental budget appropriation
is necessary to transfer funds from unreserved fund balance to the Capital Improvement
Fund to specific 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 $5,374,077.75 from the Capital Improvement Program unreserved fund balance to line item 300-80865-30 in the 2026
budget.
DONE AND RESOLVED on this 9th day of March 2026.
Korey Stites, Mayor ATTEST:
Janeece Hoppe, City Clerk