Agenda Date: 11/01/2016
Subject:
Title
An ordinance on second reading to be known as the "Annual Appropriation Bill", adopting the annual budget for all municipal purposes of the City of Littleton, Counties of Arapahoe, Douglas, and Jefferson, State of Colorado, for the fiscal year beginning January 1, 2017 and ending December 31, 2017.
Body
Presented By:
Doug Farmen, Finance Director
POLICY QUESTION:
Does council approve the 2017 annual appropriation ordinance, adopting the annual budget for the City of Littleton?
BACKGROUND:
During the 2017 budget review process, council considered 21 Policy Questions (PQs). The following are changes to the 2017 proposed budget due to council direction or other adjustments.
General Fund Revenues:
The city recently received 2016 (to be collected in 2017) estimated assessed values from Arapahoe, Douglas, and Jefferson Counties. These assessed value estimates decreased 2017 tax collections by $126,000.
Due to the assessed value changes, fire partner (contract reimbursements) revenues increased by $4,990.
Due to fire department expenditure changes as outlined below, fire partner (contract reimbursement) revenues decreased by $64,360.
2017 total revenues decreased by $185,370.
General Fund Expenditures:
The city council approved a PQ1 addendum of $95,500 for the fire department related to holiday hour compensation. There were two corrections (reductions) to fire department expenditures related to personal protective equipment (01-222-7447) of $96,000 and vehicle maintenance (01-222-7551) of $85,000.
The city council did not approve PQ2 related to Place-Making grants of $25,000.
The city council did not approve PQ7 related to audio visual engineering contracted services of $60,000.
The public works department withdrew PQ14 related to increasing personnel hours of $14,990.
The city council reduced the contribution level of not-for-profit sponsorships by $3,500 in PQ21.
On first reading of this ordinance, council ...
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