Finance Item/Grant Request Template
Date Submitted: 12-5-2022
Requesting Agency: Finance
Division:
Subject Matter Expert Name: Derek Okubo
Email Address: Derek.Okubo@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A bill for an ordinance amending Ordinance No. 113 Series of 1985 to update outdated language and to authorize expenditures above $1,500 without requiring City Council approval.
Amends Ordinance No. 113, Series of 1985, concerning the “Human Rights/Community Relations” Special Revenue Fund, to update outdated language, and to authorize expenditures above $1,500 without requiring City Council approval. The Committee approved filing this item at its meeting on 12-6-2022.
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.
Fund 15704 is an SRF used by Human Rights and Community Partnerships (HRCP) for donations for community events, such as Denver Days and the Mayor’s Diversity and Inclusion Awards. The language in this fund was last amended in 1985 and includes a requirement that the agency must have City Council authorization for expenditures over $1,500. This fund requirement limits HRCP’s ability to spend revenue in the fund as donations are received.
In 2022, the overall cost for Denver Days was $22,050 and the overall cost for the Mayor’s Diversity and Inclusion Awards was $17,786. Organizations external to the City and County of Denver provided donations to support these events and in 2022, HRCP received $2,500 in donations for Denver Days and $16,500 in donations for the Diversity and Inclusion Awards. Because donations are often received after events occur and to ensure vendors receive invoice payments in a timely fashion, HRCP initially paid for event costs via their General Fund allocation. HRCP would like to use donations for their intended purposes by journaling from Fund 15704, but this requires eliminating the $1,500 threshold to do so.
Since the last ordinance to amend this SRF was authorized in 1985, this bill request seeks to provide updated and current language regarding the parameters of the SRF to be consistent with current practices.
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Amount:
Budget Year:
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: