Agenda Date: 10/06/2015
Subject:
Title
Resolution, as the governing body of the Littleton Sewer Utility Enterprise, approving the 2016 budget.
Body
|
Presented By: |
Doug Farmen, Finance Director |
POLICY QUESTION:
Does council support a resolution to adopt the 2016 budget for the Littleton Sewer Utility Enterprise Fund?
BACKGROUND:
The city council reviewed the 2016 proposed budget during two meetings held on September 14 and 15. During the meeting on September 15, council supported a budget reduction of $225,000 (50% of the $450,000 project cost) for the Littleton Englewood Wastewater Treatment Plant’s proposed Regulation 85 (nutrient) project. In addition, there has been a recent treatment plant operating budget update that increases the city’s share of the proposed plant budget by $670,280, and a city change to increase funding of the utility’s share for the General Fund GIS position ($11,000) for a total appropriation increase of $456,280.
STAFF ANALYSIS:
N/A
FISCAL IMPACTS:
Approval will establish a 2016 appropriation of $14,105,750.
STAFF RECOMMENDATION:
Approve resolution adopting the 2016 budget for the Sewer Utility Enterprise Fund.
PROPOSED MOTION:
Proposed Motion
I move that the resolution adopting the Littleton 2016 Sewer Utility Enterprise Fund budget be approved.