Agenda Date: 07/02/2019
Subject:
Title
Ordinance 18-2019: Second introduction of an ordinance amending ordinance No. 39 series of 2018 known as the "Annual Appropriation Bill" 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
Prepared by:
Tiffany Hooten, Finance Director
POLICY QUESTION:
Does city council support amending ordinance No. 39 series of 2018 known as the "Annual Appropriation Bill" 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?
BACKGROUND:
The city prepares an annual budget that may require amendments throughout the year for projects that were unplanned or needs that might arise. It is not uncommon for amendments to occur. These funds are requested to be amended. Note: Amount has been increased by $608,034 from first reading on June 4, 2019 for two added items noted below.
General Fund $ 415,700
Grants Fund $ 1,755,000
Open Space Fund $ 348,034
Capital Projects Fund $ 922,970
Total $ 3,441,704
PRIOR ACTIONS OR DISCUSSIONS:
Several of the amendments have been discussed at previous meetings including April 16, 2019 relating to the 2019 Goals and Objectives, and May 21, 2019 relating to Colorado Department of Transportation (CDOT) grants. The city attorney recruitment is underway while the remaining items are amendments needed based on additional funding for projects or operational needs. This item passed on first reading at the June 4, 2019 regular city council meeting.
STAFF ANALYSIS:
It is necessary to amend the budget periodically throughout the year. The following is detailed information on each requested budget amendment.
General Fund - $415,700
The General Fund is proposed to increase as follows:
* $340,800 - City council adopte...
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