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HomeMy WebLinkAbout242-12 RESOLUTIONRESOLUTION NO. 242-12 A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $133,320.00 REPRESENTING FEDERAL AND STATE LAW ENFORCEMENT FORFEITURE REVENUE RECEIVED DURING THE THIRD AND FOURTH QUARTERS OF 2012 AND ESTABLISHING A CORRESPONDING EXPENSE BUDGET 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 $133,320.00 representing federal and state law enforcement forfeiture revenue received during the third and fourth quarters of 2012 and establishing a corresponding expense budget. PASSED and APPROVED this 18th day of December, 2012. APPROVED: By: ATTEST: By: AVivilu., SONDRA E. SMITH, City Clerk/Treasurer City of Fayetteville, Arkansas Budget Adjustment Form V12.0724 Budget Year 2012 Division: Police Department: Police Request Date 12/18/2012 Adjustment Number BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION Recognize federal and state law enforcement forfeiture revenue received during budget year 2012 and increase corresponding expense budgets. Division Hea et Directo Departme Finance Dire Chief of) Date Date Date C �'2✓i-7[ir� Date Account Name 1? -3-/ Date WY///.2— Date Prepared By: Reference: Willie Newman Budget & Research Use Only Type: A B C D E General Ledger Date Posted to General Ledger Checked / Verified Initial Date Initial Date TOTAL BUDGET ADJUSTMENT 133,320 133,320 Increase / (Decrease) Project.Sub Account Number Expense Revenue Number Police Law Enforce Trust 1010.0001.4308.02 Fa 8,142 03045 . Vehicles and equipment 1010.2920.5802.00 3> 8,142 03045 •. 1 Federal Forfeitures 1010.0001.4504.00 RI 26,790 03046 . 1 Vehicles and equipment 1010.2920.5802.00 3) 26,790 03046 . 1 IRS/Treasury Forfeitures 1010.0001.4504.01 Fa 98,388 09024. 2009 Vehicles and equipment 1010.2920.5802.00 F) 98,388 09024 . 2009 H:\Willie\Agenda Requests\Forfeitures\Dec 20121BA - Dec 2012 EXHIBIT A 1 of 1 Greg Tabor Submitted By City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 12/18/2012 City Council Meeting Date Agenda Items Only Police Projects Division Action Required: Police Department Approval of a budget adjustment to recognize federal and state law enforcement forfeiture revenue received during the third and fourth quarter of 2012 and increase expense budget in the amount of $133,320. 133,320.00 Cost of this request 307,024.00 1010-2920-5802.00 $ Account Number 03045-1; 03046-1; 09024-2009 Project Number Category / Project Budget 103,125.05 LE Forfeitures Program Category / Project Name Forfeitures Funds Used to Date Program / Project Category Name 203,898.95 General Remaining Balance Fund Name Budgeted Item Budget Adjustment Attached Date Date Q..S, a . (L 12- 3. 2012, Finance and Internal Services Director Date /a -- Date Da e Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: 11-23-12P03:54 RCVD Received in City Clerk's Office Comments: Revised January 15, 2009 THE CITY OF FAYETTEVILLE, ARKANSAS POLICE DEPARTMENT 100-A West Rock Street Fayetteville, AR 72701 P (479) 587-3555 IF (479) 587-3522 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 30, 2012 Subject: Federal and State Law Enforcement Forfeitures for Fayetteville Police Department PROPOSAL: The Fayetteville Police Department receives forfeitures as a result of civil proceedings concerning cash or property seized during a criminal investigation. Most of the forfeitures we have received in the past are a direct result from the efforts of the officers we assign to the 4th Judicial District Drug Task Force (4th DTF), the local office of the Federal Drug Enforcement Agency (DEA), and the Internal Revenue Service (IRS) Financial Crimes Task Force. By statute, federal and state forfeitures are to be spent for law enforcement purposes only. All purchases utilizing these funds must follow the City of Fayetteville Purchasing Policy. The federal forfeitures consist of Department of Justice funds which are drug related forfeitures and Department of Treasury funds which are Internal Revenue Service related forfeitures. The requested budget adjustment will recognize the following forfeitures: $26,790 from the Department of Justice; $98,388 from the Department of Treasury; and $8,142 from state forfeitures. RECOMMENDATION: Staff recommends approval of a budget adjustment to recognize federal and state law enforcement forfeitures revenue received during the third and fourth quarters of 2012 and increase expense budget in the amount of $133,320. BUDGET IMPACT: Increase expenses to correspond with federal and state law enforcement forfeiture revenue received during budget year 2012. Telecommunications Device for the Deaf TDD (479) 521-1316 113 West Mountain - Fayetteville, AR 72701 RESOLUTION NO. A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $133,320.00 REPRESENTING FEDERAL AND STATE LAW ENFORCEMENT FORFEITURE REVENUE RECEIVED DURING THE THIRD AND FOURTH QUARTERS OF 2012 AND ESTABLISHING A CORRESPONDING EXPENSE BUDGET 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 $133,320.00 representing federal and state law enforcement forfeiture revenue received during the third and fourth quarters of 2012 and establishing a corresponding expense budget. PASSED and APPROVED this 18th day of December, 2012. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer