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HomeMy WebLinkAbout2023 - RESO - 04 - Reso 2022 Supplemental CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 04 Series of 2023 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2022 GENERAL FUND AND RENEWAL WHEAT RIDGE BOND PROJECTS FUND TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $658,768 TO FUND BUILDING DIVISION SERVICES AND INFRASTRUCTURE PROJECTS WHEREAS, the council recognizes the importance and significance of Building Division services and improving infrastructure in Wheat Ridge; and WHEREAS, necessary expenditures for Building Division services and infrastructure projects were committed to in 2022; and WHEREAS, insufficient appropriations in the 2022 General Fund and Renewal Wheat Ridge Bond Projects Fund exist to cover these expenditures; and WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be effected by the City Council adopting a resolution. NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that: Section 1. A transfer of $300,000 is hereby approved from the General Fund undesignated reserves to account 01-122-700-704 and the 2022 revenues are amended accordingly. Section 2. A transfer of $180,064 is hereby approved from the Renewal Wheat Ridge Bond Projects Fund undesignated reserves to account 40- 101-700-750 and the 2022 revenues are amended accordingly. Section 2. A transfer of $178,704 is hereby approved from the Renewal Wheat Ridge Bond Projects Fund undesignated reserves to account 40- 103-700-750 and the 2022 revenues are amended accordingly. DONE AND RESOLVED this 23rd day of January 2023. Bud Starker, Mayor ATTEST: Steve Kirkpatrick, City Clerk