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28 of 1974 - A resolution adopting procedures to be employed by the Budget Directors of each of the statutory dep Resolution No. 28 B Mayor E. J. Garn 9 COMMIBBIONEp • Adopting procedures to be employed by the Budget Directors of each of the statutory departments of City Government with respect to the en- cumbering and expenditure of depart- mental capital savings. Presented to the Board of Commissioners AND PASSED JUN 1 1 1874 CITY RECC ROLL CALL / VOTING Ayee Nay Salt Lake City,Utah, June 11 19 74 Mr.Chairman V I move that the Resolution be adopted. Greener Harmsen Harrison Phillips RESOLUTION Result WHEREAS, Section 10-10-54, Utah Code Annotated 1953, provides that all appropriations shall lapse at the end of the budget year (June 30) to the extent that they shall not have been expended or encumbered, bu-t the accounts shall remain open for fifteen days thereafter for the payment of claims incurred prior to the close of such year; and WHEREAS, it is deemed desirable that a prescribed procedure be adopted by the Board of Commissioners of Salt Lake City to avoid the loss of departmental capital savings to the general fund surplus; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF SALT LAKE CITY that the following procedures be employed by the budget directors of each of the statutory departments of city government with respect to the encumbering and expenditure of departmental capital savings: 1. All budget directors shall, prior to June 30 of each fiscal year, subtract their estimated operating expenditures for the month of June from the financial statement provided by the City Auditor as of May 31, and the balance, if any, shall constitute departmental capital savings. 2. All requisitions for the expenditure or encumbering of the foregoing departmental capital savings must be approved by the City Purchasing Agent or the Board of Commissioners of Salt Lake City not later than June 30 of each fiscal year. 3. The City Auditor shall have the responsibility to work with and assist the budget directors in following this directive and to avoid the possibility of deficit expenditures or encumbrances. 4. Any claim not encumbered as hereinabove provided shall be paid from the next ensuing budget. -2- BE IT FURTHER RESOLVED that a copy of this resolution be delivered by the City Recorder to the City Auditor, the City Purchasing Agent and each of the budget directors of the various statutory departments of Salt Lake City Corporation. Passed by the Board of Commissioners of Salt Lake City, Utah, this 11th day of June, 1974. MAYO IT :6 ie