Agenda Date: 05/03/2016
Subject:
Title
Ordinance on second reading amending Ordinance No. 95 Series of 2015 known as the Annual Appropriation Bill for all municipal purposes for the fiscal year beginning January 1, 2016 and ending December 31, 2016.
Body
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Presented By: |
Doug Farmen, Finance Director |
POLICY QUESTION:
Does city council support an amendment to the 2016 budget and annual appropriation?
BACKGROUND:
The firm of Charlier Associates, Inc. has been selected for the Downtown and Littleton Boulevard Streetscape project that includes long-rang visioning, functionality, and technical aspects of the rights of way in downtown and along the Littleton Boulevard corridor with the goal of providing future capital project improvements, policy recommendations, and parking management options.
The project will be completed through many workshops, field walks, and community dialogues. Final recommendations with graphics showing conceptual designs for each downtown and Littleton Boulevard block will outline multimodal (vehicles, transit, bikes, pedestrians) functionality, parking strategies, roadway safety improvements, and land use analysis.
A resolution approving a contract with Charlier Associates for the Downtown and Littleton Boulevard Streetscape Project will be on council’s May 3rd agenda, along with the second reading of this budget amendment.
STAFF ANALYSIS:
The city’s long-term practice has been to present budget amendments to council near the end of the year as an administrative task. This procedure is approved by the city’s outside auditor and is an accepted practice by a majority of Colorado municipalities.
However, staff prepared this ordinance due to concerns regarding budget amendments raised by a council member during previous discussions on this agenda item.
FISCAL IMPACTS:
The 2016 budget appropriation will increase by $200,000 in the Capital Projects Fund.
STAFF RECOMMENDATION:
Staff recommends approval of the ordinance on second reading amending the 2016 budget.
PROPOSED MOTION:
Proposed Motion
I move to approve on second reading the ordinance amending Ordinance No. 95 Series of 2015 known as the Annual Appropriation Bill for all municipal purposes for the fiscal year beginning January 1, 2016 and ending December 31, 2016.