Finance Item/Grant Request Template
Date Submitted: 11-14-2022
Requesting Agency: Finance
Division:
Subject Matter Expert Name: Stephanie Adams
Email Address: Stephanie.Adams@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 making a rescission from General Fund Contingency and making appropriations to agency General Fund, Special Revenue Funds, Capital Funds, and Enterprise Funds.
Rescinds $4,221,900 from General Fund Contingency and authorizes supplemental appropriations in the General Fund and the General Government Special Revenue Fund to address 2022 unbudgeted needs. The Committee approved filing this item at its meeting on 11-15-2022.
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 bill request rescinds a total of $4,221,900 from General Fund Contingency to make the following appropriations:
|
Appropriation Account |
Amount |
Description |
|
DOTI |
3,100,000 |
For increases in gas prices and inflationary increases in the costs of fleet parts. |
|
Clerk and Recorder |
1,100,000 |
Security film for the Elections building, Inflationary Cost of ballot printing, |
|
Transfer to General Gov. SRF |
21,900 |
To move cash from the General fund to the Green Buildings special revenue fund. This action is to address an error that was identified from 2019 for revenue that was recorded in the General Fund instead of the Green Buildings SRF |
|
Total` |
$4,221,900 |
|
General Fund Contingency started the year with a balance of $29,400,000. There has been an approved $15,553,314 from General Fund Contingency year-to-date and there is currently $13,846,686 available. Assuming the supplementals authorized through this bill request pass, the total contingency remaining will be $9,624,786.
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Rescission
Amount: $4,221,900
Budget Year: 2022
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: