Agenda Date: 11/06/2018
Subject:
Title
An ordinance on second reading adopting the 2019 Littleton Stormwater and Flood Management Utility Enterprise budget
Body
Presented By: |
Tiffany Hooten, Finance Director |
REQUESTED COUNCIL ACTION:
Does city council support an ordinance on first reading adopting the 2019 Littleton Stormwater and Flood Management Utility Enterprise budget?
BACKGROUND:
City council reviewed the 2019 proposed budget during study sessions held over three nights, September 11, 12, and 25. There were no changes to this enterprise fund.
PRIOR ACTIONS OR DISCUSSIONS:
City council reviewed the 2019 proposed budget during study sessions held over three nights, September 11, 12, and 25. This ordinance was approved on first reading at the regular city council meeting on October 16, 2018.
STAFF ANALYSIS:
As the governing body of the Littleton Stormwater and Flood Management Utility Enterprise, the city council is required to adopt a budget for this fund.
OPTIONS/ALTERNATIVES:
N/A
FISCAL IMPACTS:
Approval will establish a 2019 budget of $1,286,260.
STAFF RECOMMENDATION:
Approve the ordinance on first reading adopting the 2019 Littleton Stormwater and Flood Management Utility Enterprise budget.
PROPOSED MOTION:
Proposed Motion
I move to approve on second reading the ordinance adopting the 2019 Littleton Stormwater and Flood Management Utility Enterprise budget.