HomeMy WebLinkAboutR20-031 Adopting the 2nd Supplementary Budget DocuSign Envelope ID:636ED979-1 F48-43D8-A76D-224C75853B01
Commissioner_Schen moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO.2020- 031
RESOLUTION ADOPTING A 2nd SUPPLEMENTARY BUDGET AND
APPROPRIATION OF UNANTICIPATED REVENUES FOR FISCAL YEAR 2020,AND
AUTHORIZING THE TRANSFER OF BUDGETED AND APPROPRIATED MONIES
BETWEEN VARIOUS SPENDING AGENCIES
WHEREAS, the County has received certain unanticipated revenues, hereinafter
described; and
WHEREAS, said revenues were not anticipated at the time of the adoption of the 2020
budget and/or such revenues were not assured at the time of the adoption of the 2020 budget and
therefore were not appropriated; and
WHEREAS, in view of the needs of the various offices, departments, boards,
commissions, and other spending agencies, it is also necessary to transfer certain previously
budgeted and appropriated monies; and
WHEREAS, the Board has the authority to expend such unanticipated or unassured
revenues by enacting a supplementary budget and appropriation, and to transfer budgeted and
appropriated revenues from one county fund to another county fund, pursuant to C.R.S. 29-1-109
and C.R.S. 29-1-111; and
WHEREAS, Eagle County's Finance Director has determined that such budget
appropriations are in compliance with the provisions of the Colorado Constitution, Article X,
Section 20, also known as "Amendment One: The Taxpayer's Bill of Rights"; and
WHEREAS, notice of this proposed supplementary budget has been published in a
newspaper having general circulation within the territorial limits of the County of Eagle, State of
Colorado, as required by the terms of C.R.S. 29-1-106.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, the Board hereby authorizes a supplementary budget and appropriation of
unanticipated revenues, unassured funds, and transfers from fund balance as described in
Exhibit A attached hereto and incorporated herein by this reference.
DocuSign Envelope ID:636ED979-1 F48-43D8-A76D-224C75853B01
THAT, the Treasurer of the County of Eagle is hereby requested and directed to take all
action necessary to effectuate the intent of this Resolution.
THAT, the Eagle County Budget Officer is hereby requested and directed to immediately
transmit an original or certified copy of this Resolution to the affected spending agencies and the
officer or employee of the County of Eagle whose duty it is to draw warrants or orders for the
payment of money.
THAT, the Eagle County Budget Officer is hereby further requested and directed to file
an original or certified copy of this Resolution with the Division of Local Governments in the
Department of Local Affairs.
THAT, this resolution is necessary for the public health, safety and welfare of the
citizens of Eagle County, Colorado.
MOVED, READ AND ADOPTED by the Board of County Commissioners of the
County of Eagle, State of Colorado, at its regular meeting held the 14th day of
April , 2020.
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
EAGiteN BOARD OF COUNTY COMMISSIONERS
yam? OGZ
ATTEST:
,—DocuSigned by: _ �DoeuSigned by:
"I,u. 0-'�VittA. c1\-- o% By: I�AAAn.�[�t V—�
Clerk-teFtbeFBeffra..of I h lIMlit@'r-Henry
County Commissioners County Commissioners Chair
—DocuSigned by: �1F. •,V-lt.�
C�r 1
JefimeAM eney
Commissioner
c—DocuSignnedby:
AltAifJ l'' , /
Ma tedi718E0473..
Commissioner
Commissioner McQueeney seconded adoption of the foregoing resolution. The roll
having been called,the vote was as follows:
2
DocuSign Envelope ID:636ED979-1 F48-43D8-A76D-224C75853B01
Commissioner Chandler-Henry Aye
Commissioner McQueeney Aye
Commissioner Scherr Aye
This resolution passed by 3/0 vote of the Board of County Commissioners of
the County of Eagle, State of Colorado
3
To: Board of County Commissioners
From: Finance Department
County Manager's Office, Elected
CC: Officials,and Department Heads
EAGLE COUNTY Finance Date: 4/14/2020
2nd Supplemental to the 2020
Re: Adopted Budget
Included in this memo are the following items:
-A summary of the revenues and expenditures included in this supplemental request by fund. (Bottom of this page)
- New Request Summary.This is a summary of all new program and project requests.(Bottom of this page)
-Project Description. This provides details of each program or project request.(Bottom of this page)
- Fund Balance/Net Position Summary. The purpose of this sheet to give a high level update of projected 2020 fund
balance/net position for all Eagle County funds, including the impacts of the 2020 adopted budget and all budget
amendments on fund balance/net position.(Page 2)
Following is a summary of the 2nd Supplemental to the 2020 Adopted Budget:
Fund # Fund Name Revenues Expenditures
1001 -General Fund $ - $ 500,000
500 000
Total $ $ '
Fund Name Project/Request Name Total Revenue Total Expenses
1001 -General Fund Additional Emergency Assistance Funding $ - $ 500,000
Grand Total $ - $ 500,000
Project/Request Name Project/Request Brief Description
Additional Emergency The county has received over 3,000 applications for
Assistance Funding emergency assistance due to the COVID-19 pandemic. We
have over 60 staff members making follow up phone calls.
Approximately 20%of all applications have been approved
at an average amount of approximately$950. If we
continue these trends,we will need funding in addition to
the$400k that has already been allocated. This request
brings the total amount of emergency assistance availabe
to county residents to$900,000. This is in addition to
$250,000 for community partners and $500,000 for the
county's response to the pandemic.
2nd Supplemental Request to the 2020 Budget Coversheet Page 1