Title
AN ORDINANCE AMENDING THE 2022 BUDGET OF THE CITY OF COMMERCE CITY, COLORADO, BY APPROPRIATING PORTIONS OF THE UNENCUMBERED FUND BALANCES OF THE GENERAL FUND, FACILITIES FUND, AND INFORMATION TECHNOLOGY FUND, AND REAFFIRMING CERTAIN PRIOR APPROPRIATIONS, FOR A TOTAL AMOUNT OF $660,500 AND AUTHORIZING THE EXPENDITURE THEREOF.
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Summary and Background Information:
This re-appropriations package is presented to council for consideration to address contractual obligations in process that will not be completed by the end of 2021 due to supply chain demands and delivery delays. Items included in this re-appropriations package are included in the 2021 Budget, however, this funding lapses on December 31, 2021. Approval of this re-appropriations package will ensure these contractual obligations continue to be met in January of 2022. It is highly unusual to present a re-appropriations package this early. Due to the unique supply chain and delivery challenges being experienced globally as a result of the COVID-19 pandemic, management identified a set of early re-appropriation needs strictly related to contractual obligations and orders that have already been placed in 2021. The normal re-appropriations process that occurs each year to address budgeted tasks not completed by year-end along with new needs identified as the new year progresses will still take place in mid-2022 once the 2021 year-end is closed and associated financial audit is sufficiently completed. Those additional needs will be presented to council, in the form of a separate re-appropriations ordinance, once the amount of revenues in excess of expenditures for the 2021 year-end are identified. In the meantime, management recommends the attached ordinance, which addresses immediate needs related to contractual obligations currently in process in 2021, for consideration.
This proposed re-appropriations ordinance provides for:
- The Diversity, Equity & Inclusion and Senior Research/Needs Assessme...
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