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File #: 21-1189    Version: 1
Type: Bill Status: Passed
File created: 10/4/2021 In control: Finance & Governance Committee
On agenda: 10/25/2021 Final action: 10/25/2021
Title: A bill for an ordinance authorizing a rescission and appropriation in the General Fund to make a cash transfer to and appropriation in the Liability Claims Special Revenue Fund. Rescinds $1.2 million from General Fund Contingency to appropriate a cash transfer to the Liability Claims Special Revenue Fund to provide sufficient budget capacity to fund a settlement. The Committee approved filing this item at its meeting on 10-12-21.
Indexes: Zach Rothmier
Attachments: 1. BR21 1189 DOF Liability Claims supplemental and transfer, 2. CB21-1189_DOF_CAO_Liability Claims Supplemental and Transfer, 3. 21-1189 Filed Bill_DOF_CAO_Liability Claims Supplemental and Transfer, 4. 21-1189 - signed, 5. 21-1189 For an ordinance authorizing a rescission and appropriation in the General

Finance Item/Grant Request Template

 

Date Submitted: 10-4-21

 

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 authorizing a rescission and appropriation in the General Fund to make a cash transfer to and appropriation in the Liability Claims Special Revenue Fund.

Rescinds $1.2 million from General Fund Contingency to appropriate a cash transfer to the Liability Claims Special Revenue Fund to provide sufficient budget capacity to fund a settlement. The Committee approved filing this item at its meeting on 10-12-21.

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 request will approve a rescission of $1,200,000 from General Fund contingency so that a cash transfer can be made from the General Fund to City Attorney’s Liability Claims Fund (11827-4510000).  This will provide sufficient budget capacity to fund a settlement.

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

Rescission and appropriation

Amount:

 

Budget Year:

 

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

 

Grantor (if applicable):

 

Fund Matching Requirements (if applicable):

 

Fiscal Impact: