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HomeMy WebLinkAboutResolution 32, 2021CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 32 Series of 2021 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2021 GENERAL FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $1,134,656 FOR THE PURPOSE OF FUNDING EMPLOYEE POSITIONS, VEHICLES, PRIORITY PROJECTS AND OTHER OPERATING EXPENDITURES THAT WERE EXCLUDED FROM THE 2021 BUDGET DUE TO COVID-19 RELATED BUDGET CONSTRAINTS WHEREAS, the City prepared and adopted a 2021 budget reflective of the economic uncertainty caused by the COVID-19 pandemic; and WHEREAS, revenues in 2021 are showing strength beyond projections; and WHEREAS, to continue to meet the demand for services and priorities, certain positions, vehicles, projects and initiatives should be restored to the 2021 budget and 4.25 new positions should be added; and WHEREAS, a supplemental budget appropriation is necessary to transfer the funds from the unreserved fund balance to specific 2021 budget line items: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: The City of Wheat Ridge fiscal year 2021 Budget be amended accordingly, adding 4.25 FTE positions and transferring a total of $1,134,656 from the General Fund unreserved fund balance to specific 2021 budget line items as detailed in the attached spreadsheet (Exhibit A) DONE AND RESOLVED this 14th day of June 2021. Bud Starker, Mayor ATTEST: Steve Kirkpatrick, City Clerk