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HomeMy WebLinkAbout206-11 RESOLUTIONRESOLUTION NO. 206-11 A RESOLUTION APPROVING A BUDGET ADJUSTMENT TO RECOGNIZE STATE AND FEDERAL FORFEITURE REVENUE AND TO APPROVE EXPENDITURES THEREFROM, IN THE AMOUNT OF $372,107.00 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached as Exhibit "A," in the amount of $372,107.00 to recognize state and federal forfeiture revenue and to approve expenditures therefrom. PASSED and APPROVED this 6th day of December, 2011. APPROVED: ATTEST: /— By: \�'0,r%� LIG NEL 1 O ► , i AN, Mayor LISA BRANSON, Deputy City Clerk City of Fayetteville, Arkansas Budget Adjustment Form V11.0425 Budget Year 2011 Division: Police Department: Police Request Date 11/18/2011 Adjustment Number BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION Recognize donations in the amount of $235.00; state forfeitures in the amount of $14,380.00; federal forfeitures in the amount of $167,451.00 and IRS/treasury forfeitures in the amount of $190,276.00 that were received throughout the 2011 and increase the expense budget. Division Head Budget Director Departme% yntamr,, • Airjr lul Finance fyor Account Name Date Date Date d/Z///1 Date ate/02"i_ ate Prepared By: Judy Cohea Reference: #NAME? Budget & Research Use Only Type: A B C D E P General Ledger Date Posted to General Ledger Checked / Verified TOTAL BUDGET ADJUSTMENT Police Law Enforce Trust Vehicles and equipment Initial Date Initial Date 372,107 372,107 Increase / (Decrease) Project.Sub Account Number Expense Revenue Number 1010.0001.4308.02 14,380 03045. 1 1010.2920.5802.00 14,380 03045 . 1 Federal Forfeitures Vehicles and equipment 1010.0001.4504.00 167,451 03046. 1 1010.2920.5802.00 167,451 03046 . 1 IRS/Treasury Forfeitures Vehicles and equipment 1010.0001.4504.01 190,276 090 i y • 2 0 04 1010.2920.5802.00 190,276 0410 -Ly • 20 JCI http://www.citynet.fay/view/doViewFile.cfm 1 of 1 Greg Tabor Submitted By City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 12/6/2011 City Council Meeting Date Agenda Items Only Police Division Action Required: Police Department Approval of a budget adjustment to recognize state forfeitures in the amount of $14,380; federal forfeitures in the amount of $167,451 and IRS/treasury forfeitures in the amount of $190,276 and establish an expense budget of each project. 372,107.00 Cost of this request Various Account Number Various Project Number Budgeted Item 160, 011.00 Category / Project Budget 66,218.60 Various Program Category / Project Name Various Funds Used to Date Program / Project Category Name 93,792.40 General Remaining Balance Fund Name Budget Adjustment Attached K 6/2i/// Finance and Internal Services Director Date //AVIA Date 17L D e Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: Comments: Revised January 15, 2009 THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENT CORRESPONDENCE ARKANSAS www.accessfayetteville.org CITY COUNCIL AGENDA MEMO To: Mayor Lioneld Jordan and Members of the City Council From: Greg Tabor, Chief of Police Date: November 18, 2011 Subject: Recognize state and federal forfeitures PROPOSAL: The Fayetteville Police department receives both state and federal forfeitures as a result of civil proceedings concerning cash or property seized during a criminal investigation. These forfeitures are a direct result from the efforts of the officers assigned to the 4th Judicial District Drug Task Force, local office of the Federal Drug Enforcement Agency (DEA) or the local IRS task force. The state forfeitures may be used for any lawful purpose and the federal forfeitures must adhere to the Guide to Equitable Sharing of Federally Forfeited Property for State and Local Law Enforcement Agencies. All purchases utilizing these funds will follow the City of Fayetteville Purchasing Policy. RECOMMENDATION: Staff recommends approval of a budget adjustment to recognize state and federal forfeitures totaling $372,107.00. BUDGET IMPACT: Increase expenses to correspond with the federal and state forfeiture revenue received during budget year 2011. RESOLUTION NO. A RESOLUTION APPROVING A BUDGET ADJUSTMENT TO RECOGNIZE STATE AND FEDERAL FORFEITURE REVENUE AND TO APPROVE EXPENDITURES THEREFROM, IN THE AMOUNT OF $372,107.00 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached as Exhibit "A," in the amount of $372,107.00 to recognize state and federal forfeiture revenue and to approve expenditures therefrom. PASSED and APPROVED this 6th day of December, 2011. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer