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File #: 22-0571    Version: 1
Type: Bill Status: Passed
File created: 5/9/2022 In control: Finance & Governance Committee
On agenda: 6/20/2022 Final action: 6/20/2022
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. Approves a rescission of $2,000,000 from General Fund Contingency and makes a supplemental appropriation to the Liability Claims Special Revenue Fund. The last regularly scheduled Council meeting within the 30-day review period is on 6-20-22. The Committee approved filing this item at its meeting on 5-17-22.
Indexes: Zach Rothmier
Attachments: 1. BR22-0571 BMO_DOF Liability Claims supplemental and transfer, 2. CB22 0571 DOF_CAO_Liability Claims Supplemental and Transfer, 3. Settlements YTD 2022, 4. 22 0571 Filed Bill_ DOF_CAO_Liability Claims Supplemental and Transfer, 5. 22-0571 - signed, 6. 22-0571 For an ordinance authorizing a rescission and appropriation in the General
Finance Item/Grant Request Template

Date Submitted: 5-9-2022

Requesting Agency: Department of Finance
Division:

Subject Matter Expert Name: Nikki McCabe / Kiki Turner
Email Address: Nikki.Mccabe@denvergov.org; kiki.turner@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 rescission and appropriation in the General Fund to make a cash transfer to and appropriation in the Liability Claims Special Revenue Fund.
Approves a rescission of $2,000,000 from General Fund Contingency and makes a supplemental appropriation to the Liability Claims Special Revenue Fund. The last regularly scheduled Council meeting within the 30-day review period is on 6-20-22. The Committee approved filing this item at its meeting on 5-17-22.
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 $2,000,000 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 previously approved settlements and claims year-to-date.

General Fund Contingency is currently $29,288,900. The original contingency was $29,400,000. CB22-0229 was approved earlier this year for a supplemental appropriation of $111,100 for City Council. If this item passes, the total contingency rema...

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