Agenda Date: 11/06/2018
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, 2019 and ending December 31, 2019
Body
Presented By:
Tiffany Hooten, Finance Director
POLICY QUESTION:
Does city council approve the 2019 annual appropriation ordinance, adopting the annual budget for the City of Littleton?
BACKGROUND:
During the 2019 budget review, council considered 23 Policy Questions. The following are changes to the 2019 proposed budget since that review, due to council direction or other adjustments.
General Fund Revenues:
The city was recently notified that it will not receive a continued federal grant from the U. S. Citizenship and Immigrant Services (USCIS) for programs at Bemis Library. This program has been federally funded for the past several years. At the September 25, 2018 study session, council supported continued funding for this program from October 1, 2018 through December 31, 2019.
Revenues were increased by $20,000 related to fees for this program.
2019 total revenues increased by $20,000.
General Fund Expenditures:
The city council reduced the contribution level of local partnership funding by $4,400 in PQ3.
City council increased the 2019 proposed budget by $75,000 related to an unfunded priority for digitization of documents in the public works department.
As noted above, the city was recently notified that itis not the recipient of a continued federal grant from the USCIS for programs at Bemis Library. In 2019, expenditures of $145,000 were added for the continuation of this program.
Total 2019 expenditures increased by $215,600.
These changes will result in a 2019 lower estimated General Fund ending fund balance of $195,600 which is 22.3% of the 2019 operating expenditures:
2019 proposed General Fund e...
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