Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)
Date Submitted: 1-29-19
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
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Name: Rachel Bardin |
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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 rescinding Ordinance No. 280, Series of 2014, concerning the Developmental Disabilities Fund, thereby establishing the fund’s budget basis as appropriated, and making the fund non-lapsing.
Modifies the Developmental Disabilities Fund by making it an appropriating, non-lapsing fund. The Committee approved filing this item at its meeting on 2-5-19.
body
Affected Council District(s) or 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 ordinance clarifies that the Developmental Disabilities Fund (Fund No. 13304) is an appropriated fund by rescinding Ordinance No. 280 in the 2014 Series, which changed the budgeting basis of the fund from appropriated to cash basis. The 2014 ordinance was passed because when funds are appropriated there can be gaps between expending authority and revenue received. However, an appropriation-basis is more suitable than a cash-basis status for this particular fund because this fund is solely supported by property tax revenue, which the Budget and Management Office projects and appropriates annually. Despite the 2014 ordinance, the Long Bill has continued to appropriate the annual budget for this fund. This bill request is essentially a correction to reflect current practice of appropriating the annual budget for Fund 13304. The bill also clarifies that the fund is non-lapsing, to ensure that all property tax mill dollars that are intended to support Developmental Disabilities remain in the fund until spent for this purpose.
Address/Location (if applicable):
Legal Description (if applicable):
Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):
Draft Bill Attached?