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File #: 19-0869    Version: 1
Type: Bill Status: Passed
File created: 8/19/2019 In control: Finance & Governance Committee
On agenda: 9/16/2019 Final action: 9/16/2019
Title: A bill for an ordinance authorizing a rescission, a cash transfer, and a supplemental appropriation from the General Contingency Fund to the Liability Claims Special Revenue Fund. Approves a supplemental appropriation of $1,550,000 from General Fund Contingency to transfer to the Liability and Claims Special Revenue Fund to provide sufficient budget capacity to fund a legal settlement. The Committee approved filing this item at its meeting on 8-27-19.
Attachments: 1. BR19 0869 DOF City Attorney Liabilities and Claims Supplemental, 2. FINGOV_ContingencySupplementalOverview_FINAL, 3. CB19-0869_DOF_CAO_Liabilities_Supplemental_Transfer, 4. 19-0869_Filed Bill OF_CAO_Liabilities_Supplemental_Transfer.pdf, 5. 19-0869 -signed.pdf, 6. 19-0869 Filed A bill for an ordinance authorizing a rescission, a cash transfer, and a supplemental appropriation from the General Contingency Fund to the Liability Claims

Finance Item/Grant Request Template

 

Date Submitted: 8-19-19

 

Requesting Agency: Finance

                               Division:

 

Subject Matter Expert Name:

Name:      Rory Regan

Email:       rory.regan@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 authorizing a rescission, a cash transfer, and a supplemental appropriation from the General Contingency Fund to the Liability Claims Special Revenue Fund.

Approves a supplemental appropriation of $1,550,000 from General Fund Contingency to transfer to the Liability and Claims Special Revenue Fund to provide sufficient budget capacity to fund a legal settlement. The Committee approved filing this item at its meeting on 8-27-19.

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 request will approve a rescission of $1.55 million from General Fund contingency so that a cash transfer can be made from the general fund to City Attorney’s Liabilities and Claims Fund (11827-4510000).  This will provide sufficient budget capacity to fund a legal settlement regarding a multi-plaintiff lawsuit involving Denver Sheriff Department personnel.

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

Supplemental

Amount: $1.55 million

 

Budget Year:

 

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

 

Grantor (if applicable):

 

Fund Matching Requirements (if applicable):

 

Fiscal Impact: