Agenda Date: 10/21/2014
Subject:
Title
Resolution, as the governing body of the City of Littleton Stormwater and Flood Management Utility Enterprise, approving the 2015 budget.
Body
Presented By: |
Doug Farmen, Finance Director |
POLICY QUESTION:
Does city council support a resolution to adopt the 2015 budget for the City of Littleton stormwater and flood management utility enterprise fund?
BACKGROUND:
The city council reviewed the 2015 proposed budget during two meetings held on September 8 and 9. There were no changes to this enterprise fund.
Due to the elimination of the city's fleet maintenance internal service fund, staff proposes to reduce the 2015 appropriation by $1,140 for vehicle replacement interdepartmental costs (42-313-7552). This amount will be added to the fund balance (cash balance) in 2015.
STAFF ANALYSIS:
N/A
FISCAL IMPACTS:
Approval will establish a 2015 appropriation of $895,440.
STAFF RECOMMENDATION:
Approve resolution adopting the 2015 budget for the stormwater and flood management utility enterprise fund.
PROPOSED MOTION:
Proposed Motion
Motion to approve the resolution adopting the City of Littleton 2015 stormwater and flood management utility enterprise fund budget.