Finance Item/Grant Request Template
Date Submitted: 4-17-2023
Requesting Agency: Finance
Division:
Subject Matter Expert Name: Zach Cartaya/ Vee Stamats
Email Address: zach.cartaya@denvergov.org; veronica.stamats@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 authorizing a recission from and an appropriation in the Volume-Based Trash Pricing Fund.
Rescinds $4,189,708 from the Volume Based Trash-Pricing (VBTP) Fund appropriated transfer to the Planned Fleet Special Revenue Fund originally intended for truck purchases and makes an appropriation of $6,500,000 in the VBTP Fund's operating budget to reflect the rescission and recognize updated revenue. The Committee approved filing this item at its meeting on 5-2-2023.
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 $4,189,708 from the Volume Based Trash-Pricing Fund transfer appropriation to the Planned Fleet SRF and appropriates this funding in the Volume Based Pricing SRF. This bill request also makes an additional appropriation of $6,500,000 in the Volume Based Trash Pricing SRF operating account that is possible due to adequate revenue in the fund.
The recission from the transfer appropriation account is possible ...
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