Finance Item/Grant Request Template
Date Submitted: 11-14-2022
Requesting Agency: Finance
Division:
Subject Matter Expert Name: Nikki McCabe and Stephanie Adams
Email Address: Stephanie.Adams@denvergov.org <mailto:Stephanie.Adams@denvergov.org> / nikki.mccabe@denvergov.org
Phone Number:
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A bill for an ordinance making rescissions from the General Fund; making appropriations in the General Fund to make cash transfers; making appropriations in Special Revenue Funds and the Capital Improvement and Capital Maintenance Fund to address 2022 and 2023 needs; and authorizing the purchase of capital equipment.
Rescinds $4,165,000 from agency General Fund appropriations, authorizes appropriations to transfer cash to Capital Improvement and Capital Maintenance Funds, makes appropriations to address 2022 and 2023 needs, and authorizes the purchase of capital equipment items. The Committee approved filing this item at its meeting on 11-15-2022.
body
Affected Council District(s) or citywide? Citywide
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This bill request rescinds a total of $4,165,000 from the following Agencies and Departments’ General Fund operating budgets.
|
Appropriation Account |
Amount Rescinded |
|
Library |
$ 4,000,000 |
|
HOST |
25,000 |
|
OMPD |
140,000 |
|
Total |
$ 4,165,000 |
This bill request appropriates budget in the following transfer appropriation accounts to transfer cash:
|
Appropriation Account |
Amount Appropriated |
|
Transfer to Capital Projects |
$ 4,140,000 |
|
Transfer to Planned Fleet |
25,000 |
|
Total |
$4,165,000 |
This bill request makes the following appropriations:
|
Funds |
Amount Appropriated |
|
Capital Improvements and Maintenance Funds |
$ 4,140,000 |
|
Planned Capital Equipment |
$ 25,000 |
|
Total |
$ 4,165,000 |
The rescissions from agency General Fund and Special Revenue Funds are possible due to 2022 year-end savings. There will be two appropriations in the Capital Improvements and Maintenance Fund to support the following projects:
|
• $4,000,000 for Bond projects at Libraries. |
|
• $140,000 for case management system improvements for the Municipal Public Defender. |
The transfer to the Planned Fleet SRF includes the following:
|
• $25,000 for a vehicle purchase to support shelter services This bill authorizes the purchase of the following capital equipment: |
|
Agency |
Item |
Quantity |
|
HOST |
Van |
3 |
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Rescissions and reappropriations
Amount: $4,165,000
Budget Year: 2022
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Agency General Fund, Capital Improvement and Capital Maintenance Funds
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: