Finance Item/Grant Request Template
Date Submitted: 2-24-20
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
Name: Rachel Bardin
Email: Rachel.Bardin@denvergov.org
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 a rescission from General Fund Contingency, making an appropriation in the General Fund, and making a cash transfer to the General Government Special Revenue Fund.
Approves a rescission of $1 million from General Fund Contingency to make a cash transfer to the Risk Management Special Revenue Fund based upon previous year obligations. The Committee approved filing this item at its meeting on 3-3-20.
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.
Supplemental Appropriations from General Fund Contingency:
Risk Management Fund
The Risk Management Special Revenue Fund pays deductibles for various insurance programs and also pays total replacement costs where the City is self-insured, such as City-owned vehicles involved in auto accidents. The revenue for this fund has come from insurance reimbursements, General Fund transfers and subrogation claims.
The average annual expenditures for the fund have been approx...
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