HomeMy WebLinkAbout07532ORDINANCE NO. 7532
AN ORDINANCE AMENDING THE CITY OF PUEBLO 2006 BUDGET FOR THE WALKINGSTICK
GOLF COURSE ENTERPRISE FUND TO INCREASE THE OPERATING BUDGET AND
APPROPRIATE FUNDS THEREFOR
WHEREAS, the Walking Stick Golf Course Enterprise incurred additional expenses
associated with the 2006 U.S Amateur Women's Public Links Championship, which was played
from June 20 -25, 2006, at the Walking Stick Golf Course; and
WHEREAS, the 2006 Walking Stick Golf Course fund will have to be amended in order to
fund the identified recommended operating increased budget outlays. NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The 2006 budget and appropriations for the Walking Stick Golf Course Enterprise Fund are
amended as follows:
SECTION 2.
This Ordinance shall become effective immediately upon final approval and passage.
BY Randy Thurston
Councilperson
APPROVED:
President of City Council
ATTESTED BY:
CITY CLERK
INTRODUCED October 10, 2006
PASSED AND APPROVED: October 23, 2006
2006 Adopted
2006 Amended
Revenue
$ 1,102,445
$ 1,102,445
Personnel
$ 35,253
$ 35,253
Operating
$ 777,255
$ 827,255
Capital Outlay
Cart Path Project (Carry Forward)
$ 185,925_
$ 185,925
Bond Payments
$ 508,932
$ 508,932
Total Expense
$ 1,507,365
$ 1,557,365
Gain /Loss
$ (404,920)
$ (454,920)
Loan From Elmwood
$ 404,920
$ 454,920
Fund Increase /Decrease
-0-
-0-
SECTION 2.
This Ordinance shall become effective immediately upon final approval and passage.
BY Randy Thurston
Councilperson
APPROVED:
President of City Council
ATTESTED BY:
CITY CLERK
INTRODUCED October 10, 2006
PASSED AND APPROVED: October 23, 2006
CA .x'1532.
Background Paper for Proposed
ORDINANCE
AGENDA ITEM # )- y
DATE: October 10, 2006
DEPARTMENT: OFFICE OF THE CITY MANAGER
DAVE GALLI, CITY MANAGER
DOUG FITZGERALD, ASSISTANT CITY MANAGER
TITLE
AN ORDINANCE AMENDING THE CITY OF PUEBLO 2006 BUDGET FOR THE
WALKINGSTICK GOLF COURSE ENTERPRISE FUND TO INCREASE THE
OPERATING BUDGET AND APPROPRIATE FUNDS THEREFOR
ISSUE
Due to the expenses associated with the 2006 U.S. Women's Amateur Public Links
Championship, the 2006 adopted budget for the Walking Stick Golf Course Enterprise
Fund will need to be increased by $50,000. These expenses include personnel and
operating costs for the Championship and other miscellaneous necessary upkeep items
for the golf course during the course of the year.
Approval of the Ordinance.
FINANCIAL IMPACT
An increase of $50,000 will be adjusted to the 2006 Walking Stick Golf Course
Enterprise Budget.