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File #: 19-0626    Version: 1
Type: Bill Status: Approval Review
File created: 6/24/2019 In control: Finance & Governance Committee
On agenda: 7/2/2019 Final action:
Title: Approves a rescission of $900,000 from the Department of Public Health and Environmental Services Enterprise Fund, transferring cash and making appropriations to the Department of Public Works Planned Fleet Fund to finance the capital lease of 12 side-loaders and 1 rear-loader to support the expansion of the city's composting program as approved in the 2019 Budget.
Indexes: Jonathan Griffin
Attachments: 1. BR19 0626 DOF DDPHE_PW_Rescission_Composting Lease Payment

Finance Item/Grant Request Template

 

Date Submitted: 6-24-19

 

Requesting Agency: Finance

                               Division:

 

Subject Matter Expert Name: Tara Olden and Charlotte Pitts
Email Address:
Tara.Olden@denvergov.org ; Charlotte.Pitts@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

Approves a rescission of $900,000 from the Department of Public Health and Environmental Services Enterprise Fund, transferring cash and making appropriations to the Department of Public Works Planned Fleet Fund to finance the capital lease of 12 side-loaders and 1 rear-loader to support the expansion of the city’s composting program as approved in the 2019 Budget.

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.

Request to rescind $900,000 from the Environmental Services Enterprise Fund (Accounting No. 78100-6506100) to

transfer $900,000 to a Planned Fleet capital lease payment fund (Accounting No. 11804-5014400) to finance the capital lease of

12 side-loaders, and 1 rear-loader that will support the expansion of the City’s composting program as outlined in the 2019 Budget.

Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):

 

Amount:

 

Budget Year:

 

Fund and Funding Source (Fund/Org/Grant Number, if applicable):

 

Grantor (if applicable):

 

Fund Matching Requirements (if applicable):

 

Fiscal Impact: