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12 City4 <br />Im Louisville <br />COLORADO . SINCE 1878 <br />Preliminary Draft of Council <br />CITY COUNCIL Communication for Budget <br />Amendment Scheduled for <br />June 6, 2017 <br />SUBJECT: <br />RESOLUTION NO. XX, SERIES 2017 — A RESOLUTION <br />AMENDING THE 2016 BUDGET BY AMENDING <br />APPROPRIATIONS IN THE GENERAL FUND, OPEN SPACE & <br />PARKS FUND, CONSERVATION TRUST — LOTTERY FUND, <br />CEMETERY FUND, HISTORIC PRESERVATION FUND, <br />CAPITAL PROJECTS FUND, IMPACT FEE FUND, RECREATION <br />CENTER CONSTRUCTION FUND, WATER UTILITY FUND, <br />WASTEWATER UTILITY FUND, STORM WATER UTILITY FUND, <br />SOLID WASTE & RECYCLING FUND, GOLF COURSE FUND, <br />AND TECHNOLOGY MANAGEMENT FUND FOR CARRY <br />FORWARD OF APPROPRIATIONS, ADDITIONAL <br />APPROPRIATIONS WITHIN SUCH FUNDS, AND CORRECTED <br />APPROPRIATIONS WITHIN SUCH FUNDS AND ADJUSTING <br />BUDGETED REVENUE IN THE GENERAL FUND, OPEN SPACE <br />& PARKS FUND, CONSERVATION TRUST — LOTTERY FUND, <br />HISTORIC PRESERVATION FUND, CAPITAL PROJECTS FUND, <br />RECREATION CENTER CONSTRUCTION FUND, DEBT <br />SERVICE — RECREATION CENTER BOND FUND, WATER <br />UTILITY FUND, WASTEWATER UTIILITY FUND, AND STORM <br />WATER UTILITY FUND — PUBLIC HEARING (Advertised Daily <br />Camera 06/02/2017) <br />DATE: JUNE 6, 2017 <br />PRESENTED BY: KEVIN WATSON, FINANCE <br />SUMMARY: <br />The attached resolution proposes a series of amendments to the City's 2017 Operating <br />& Capital Budget. Staff requests these proposed amendments to: <br />1. Carry -forward unused appropriations from 2016 to 2017 for projects that Council <br />approved for 2016 but, for various reasons, staff needed to extend work on the <br />project or purchase into 2017. Staff requests the unspent budgets for projects not <br />completed or equipment not purchased in 2016 to be added to the current 2017 <br />budget. Total carry -forward = $XX,XXX,XXX. <br />2. Formally adopt other adjustments to the 2017 expenditure budget. These <br />adjustments are for items that staff did not anticipate, or were not measureable, at <br />the time Council adopted the original 2017 budget in November 2016. Staff has <br />previously discussed many of these items with the Council, but they have not been <br />formally incorporated into the City's 2017 expenditure budget. The net of all other <br />adjustments = +$X,XXX,XXX. <br />CITY COUNCIL COMMUNICATION <br />2 <br />