HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/21/2017 - SECOND READING OF ORDINANCE NO. 154, 2017, BEING TAgenda Item 1
Item # 1 Page 1
AGENDA ITEM SUMMARY November 21, 2017
City Council
STAFF
Lawrence Pollack, Budget Director
Darin Atteberry, City Manager
Mike Beckstead, Chief Financial Officer
John Duval, Legal
SUBJECT
Second Reading of Ordinance No. 154, 2017, Being the Annual Appropriation Ordinance Relating to the
Annual Appropriations for the Fiscal Year 2018; Amending the Budget for the Fiscal Year Beginning January 1,
2018, and Ending December 31, 2018; and Fixing the Mill Levy for Property Taxes Payable in 2018.
EXECUTIVE SUMMARY
This Ordinance, unanimously adopted on First Reading on November 7, 2017, amends the adopted 2018
Budget and set $612,965,832 as the amount of the City’s appropriation for fiscal year 2018. It also includes the
2018 adopted budgets for the General Improvement District (GID) No. 1 of $508,107, the GID No. 15 -
Skyview of $1,000, the Urban Renewal Authority (URA) budget of $6,058,208 and the Downtown Development
Authority (DDA) of $12,507,673, resulting in total City Council appropriations of $632,040,820 in fiscal year
2018. The Net City Budget, which excludes GID No. 1, GID No. 15 - Skyview, URA, DDA and internal transfers
between City funds, is $484,721,050 for 2018.
Section 4.a. of the Ordinance has been revised between First and Second Reading to explicitly state that the
9.797 mill levy will be imposed on the assessed value of taxable property as set by state law for property taxes
payable in 2018.
STAFF RECOMMENDATION
Staff recommends adoption of the Ordinance on Second Reading.
ATTACHMENTS
1. First Reading Agenda Item Summary, November 7, 2017 (w/o attachments) (PDF)
Agenda Item 20
Item # 20 Page 1
AGENDA ITEM SUMMARY November 7, 2017
City Council
STAFF
Lawrence Pollack, Budget Director
Darin Atteberry, City Manager
Mike Beckstead, Chief Financial Officer
John Duval, Legal
SUBJECT
First Reading of Ordinance No. 154, 2017, Being the Annual Appropriation Ordinance Relating to the Annual
Appropriations for the Fiscal Year 2018; Amending the Budget for the Fiscal Year Beginning January 1, 2018,
and Ending December 31, 2018; and Fixing the Mill Levy for Fiscal Year 2018.
EXECUTIVE SUMMARY
The purpose of this item is to amend the adopted 2018 Budget and set $612,965,832 as the amount of the City’s
appropriation for fiscal year 2018. It also includes the 2018 adopted budgets for the General Improvement District
(GID) No. 1 of $508,107, the GID No. 15 - Skyview of $1,000, the Urban Renewal Authority (URA) budget of
$6,058,208 and the Downtown Development Authority (DDA) of $12,507,673, resulting in total City Council
appropriations of $632,040,820 in fiscal year 2018. The Net City Budget, which excludes GID No. 1, GID No. 15
- Skyview, URA, DDA and internal transfers between City funds, is $484,721,050 for 2018.
STAFF RECOMMENDATION
Staff recommends adoption of the Ordinance on First Reading.
BACKGROUND / DISCUSSION
City Council previously adopted the 2017-2018 Biennial Budget and appropriated monies for expenditure in fiscal
year 2017. State statutes and the City Charter both require an annual appropriation to cover expenses for the
ensuing year (2018) based upon the adopted budget. The Second Reading must occur before the last day of
November and is currently scheduled for November 21, 2017.
ATTACHMENT 1
Agenda Item 20
Item # 20 Page 2
The Net City Budget, as amended, is allocated to:
This Ordinance also sets the 2018 City mill levy at 9.797 mills, unchanged since 1991.
2018 Revenue Update
Overall, most City revenues are coming in at, or above, the 2017 budget except for Sales Tax and revenue
generated by the Municipal Court. Although total revenue for 2017 is on track to support 2017 expenses, the
2017 Sales Tax base, upon which 2018 growth is calculated, will be lower than budgeted. 2018 Sales Tax
growth is still forecasted at 3%, but since that is on a lower base it is necessary for the City to reduce ongoing
expenses in 2018 to align with the reduced forecast for 2018 Sales Tax revenue. The decreased forecast for
Sales Tax revenue primarily impacts the General Fund and Keep Fort Collins Great (KFCG) Fund; but also
impacts the funds associated with the three dedicated quarter-cent sales tax initiatives. Additionally, the reduced
revenue forecast from Municipal Court operations requires additional reductions in 2018 ongoing expenses. The
Municipal Court revenue is within the General Fund.
Use Tax continues to be strong in 2017; but due to economic uncertainties, the forecast for 2018 remains at
$22M. For Property Tax, the City has been notified by Larimer County that the City’s distribution is anticipated
to be about $2.1M higher in 2018 than had been budgeted. One-third of that amount is ongoing revenue to the
City with the balance being available for one-time uses in 2018. In 2019, the remaining two-thirds will go to the
Poudre Fire Authority per the IGA with the City.
Fund balances are also strong with non-restricted reserves available to fund one-time expenses. Overall,
modest revenue growth is still forecasted for 2018.
Recommended 2018 Ongoing Expense Reductions
After factoring other compensating factors like the increase in ongoing Property Tax revenue and use of $1.0M
of the $4.4M set aside for contingency in the 2017-18 Budget, the necessary reduction to address the revised
2018 forecasts for Sales Tax and Municipal Court revenue is $2.9M Citywide. The combined reduction in the
General Fund and Keep Fort Collins Great (KFCG) Fund is about $2.1M and Reduction Offers have been
included to align ongoing expenses with the revised available revenue. The combined impact to the City’s three-
quarter cent dedicated sales taxes is about $800k and that will be offset by available ongoing revenue in those
funds that was not previously used in the 2017-18 Budget. Attachment #1 provides a listing of all the proposed
reductions in the General Fund and KFCG Fund necessary to align 2018 ongoing expenses with the revised
2018 revenue forecast.
Original Amended
2018 2018 Change
Operations $554.2 $553.1 ($1.1)
Debt Service 30.9 30.9 0.0
Capital* 44.7 48.0 3.3
Total City Appropriations** $629.9 $632.0 $2.2
General Improvement District (GID) #1, 15 ($0.5) ($0.5) $0.0
Urban Renewal Authority (URA) (6.1) (6.1) 0.0
Downtown Development Authority (DDA) (12.5) (12.5) 0.0
Internal Service Funds (77.2) (77.5) (0.3)
Less Transfers to Other Funds (49.6) (50.7) (1.1)
Net City Budget $ 483.9 $ 484.7 $ 0.8
* Capital dollars reflect non-lapsing capital project budgets
** This includes GID, URA, and DDA which are appropriated in separate ordinances
Agenda Item 20
Item # 20 Page 3
Recommended 2018 Budget Additions
The 2018 Revisions also include a small number of Offers to address Council and City Manager priorities that
were either not known about or not included in the adopted 2017-18 Biennial Budget. The majority of these
Offers are for one-time capital projects and equipment replacement; and all of them were reviewed with City
Council during the September 26 work session.
The table below shows available reserves and other revenue that can be used to fund these 2018 Budget
Revisions from major funds and those requesting additions to the 2018 Budget. Overall, fund balances are
healthy.
Summary of Available Reserves and Revenue
The reserves and revenue above are available to fund the recommended one-time additions to the 2018
Budget. The table below summarizes those proposed additions and Attachment #2 provides a listing of the
proposed additions for 2018. As noted above, half of these are for capital projects and equipment replacement.
Summary of 2018 Recommended Additions
After netting out the proposed additions which are primarily for one-time funding, fund balances are still strong
and well above minimum fund balance requirements.
Summary of Available Reserves and Revenue after Recommended Additions:
The 2018 Budget Revisions allow the City to align ongoing expenses with reduced revenue forecasts from Sales
Tax and Municipal Court operations. Additionally, through using only a small amount of available reserves, the
($ millions)
General
Fund
Ongoing
General
Fund One-
Time
KFCG
Natural
Areas
Neighbor-
hood
Parkland
Transpor-
tation
Other Utilities TOTAL
Reserves - 2017-18 Budget Contingency $ 4.4 $ 4.4
Reserves - Council Priorities Set Aside 3.3 3.3
Reserves - 2016 Year-end Available Balance 5.3 6.3 13.5 1.0 6.3 - 34.8 67.2
Reserves - 2017 Supplemental Use of Reserves (2.8) (0.9) (10.8) (1.3) - (1.0) (16.7)
Other Available or Unanticipated Revenue 0.1 1.4 0.2 1.8
Lincoln Avenue Offer Funds 0.3 0.5 0.8
Reduced Police Training Facility Design 0.3 0.3
TOTAL $ 0.1 $ 10.9 $ 5.4 $ 2.7 $ 2.4 $ 5.5 $ 0.2 $ 33.8 $ 61.1
($ millions)
General
Fund
Ongoing
General
Fund One-
Time
KFCG
Natural
Areas
Neighbor-
hood
Parkland
Transpor-
tation
Other Utilities TOTAL
Agenda Item 20
Item # 20 Page 4
City is able to fund additions to the 2018 Budget which address Council priorities and other capital projects that
benefit our community.
Changes since Council review at the September 26, 2017 Work Session
Based on the dialogue during the September 26, 2017 work session where the recommended revisions to the
2018 Budget were discussed, staff removed the following two Offers from consideration in the 2018 Annual
Appropriation. Versions of these budget requests are going to City Council via supplemental appropriations.
Removed $3.0M for Community Park Development - East Community Park
Removed $1.4M for the Natural Areas Shop Expansion
CITY FINANCIAL IMPACTS
This Ordinance amends the City Budget for fiscal year 2018 and represents the annual appropriation for fiscal
year 2018 in the amount of $612,965,832. The Ordinance also sets the City mill levy at 9.797 mills, unchanged
since 1991.
BOARD / COMMISSION RECOMMENDATION
Boards and commissions were engaged during the development of the original 2017-18 Budget. The only
changes to the 2018 appropriations are the 2018 Revision Offers which do not go through the Budgeting for
Outcomes (BFO) process. Rather, those items that met the specific criteria for the 2018 Revision process were
thoroughly vetted by City staff, the executive management team, and by Council at a Council Finance Committee
meeting and then at a City Council Work Session conducted on September 26.
PUBLIC OUTREACH
Significant public outreach was conducted as part of the development of the original 2017-18 Budget.
ATTACHMENTS
1. Proposed Reductions for 2018 Budget by Service Area (PDF)
2. Proposed Additions to 2018 Budget Revisions by Category (PDF)
3. 2018 Budget Revisions (PDF)
4. Powerpoint presentation (PDF)
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ORDINANCE NO. 154, 2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
BEING THE ANNUAL APPROPRIATION ORDINANCE
RELATING TO THE ANNUAL APPROPRIATIONS
FOR THE FISCAL YEAR 2018; AMENDING THE BUDGET FOR
THE FISCAL YEAR BEGINNING JANUARY 1, 2018, AND ENDING
DECEMBER 31, 2018; AND FIXING THE MILL LEVY FOR FISCAL YEARPROPERTY
TAXES PAYABLE IN 2018
WHEREAS, on November 15, 2016, the City Council adopted on second reading
Ordinance No. 126, 2016, approving the biennial budget for the years beginning on January 1,
2017, and January 1, 2018; and
WHEREAS, the City Manager has submitted to the City Council proposed amendments
to the 2018 budget adopted by the City Council in Ordinance No. 126, 2016; and
WHEREAS, Article V, Section 4 of the City Charter requires that, before the last day of
November of each fiscal year, the City Council shall appropriate, on a fund basis and by
individual project for capital projects and federal or state grant projects, such sums of money as
it deems necessary to defray all expenditures of the City during the ensuing fiscal year, based
upon the budget as approved by the City Council; and
WHEREAS, Article V, Section 5 of the City Charter provides that the annual
appropriation ordinance shall also fix the tax levy in mills upon each dollar of the assessed
valuation of all taxable real property within the City, such levy representing the amount of taxes
for City purposes necessary to provide for payment during the ensuing fiscal year for all properly
authorized expenditures to be incurred by the City, including interest and principal of general
obligation bonds; and
WHEREAS, Article V, Section 10 of the City Charter authorizes the City Council, upon
the City Manager’s recommendation, to transfer by ordinance any unexpended and
unencumbered appropriated amount or portion thereof from one fund or capital project to
another fund or capital project, provided that the purpose for which the transferred funds are to
be expended remains unchanged; the purpose for which the funds were initially appropriated no
longer exists; or the proposed transfer is from a fund or capital project in which the amount
appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation
ordinance, and the transfers in this Ordinance are being made upon the City Manager’s
recommendation for one or more of these purposes.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
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Section 2. That the City Council, having reviewed the City Manager's recommended
changes to the 2018 Proposed Appropriations section of the Fort Collins 2017 and 2018 Biennial
Budget (the “Biennial Budget”), as shown on pages 44 through 47 thereof, a copy of which is on
file with the office of the City Clerk, and as shown in the 2018 Budget Revisions also on file
with the City Clerk, hereby amends the Biennial Budget to reflect the following changes and
adopts said Biennial Budget as amended:
Existing Additions Reductions As Amended
GENERAL FUND $149,315,113 $1,757,000 ($2,189,290) $148,882,823
ENTERPRISE FUNDS
Golf $3,586,000 $0 $0 $3,586,000
Light & Power
Operating Total $134,224,558 $0 $0 $134,224,558
Capital Projects:
Art in Public Places 43,124 0 0 43,124
CIS Upgrade/Replacement - L&P 810,840 0 0 810,840
Dist. System Impr. & Replacement 1,810,000 0 0 1,810,000
Distribution Conversions 800,000 0 0 800,000
New Capacity - Circuits 1,287,440 0 0 1,287,440
Operational Technology 90,000 0 0 90,000
Substation Cap Project 590,000 0 0 590,000
System Purchases 15,000 0 0 15,000
Capital Projects Total 5,446,404 0 0 5,446,404
Total Light & Power $139,670,962 $0 $0 $139,670,962
Storm Drainage
Operating Total $10,942,334 $0 $0 $10,942,334
Capital Projects: 0
Art in Public Places 57,000 0 0 57,000
2013 Stream Restoration Proj 1,400,000 0 0 1,400,000
Boxelder Authority 350,000 0 0 350,000
CIS Upgrade/Replacement - Stormwater 345,499 0 0 345,499
CMMS - Maintenance Management 160,000 0 0 160,000
Magnolia St. Outfall Phase 1 1,200,000 0 0 1,200,000
NECCO Phase 3: Lemay to Redwood 1,700,000 0 0 1,700,000
Remington St. Storm Sewer 800,000 0 0 800,000
Stormwater Basin Improvements 1,500,000 0 0 1,500,000
Capital Projects Total 7,512,499 0 0 7,512,499
Total Storm Drainage $18,454,833 $0 $0 $18,454,833
Wastewater
Operating Total $19,016,663 $0 $0 $19,016,663
Capital Projects:
Art in Public Places 114,650 0 0 114,650
2017 - Dewatering Improvements 2,135,000 0 0 2,135,000
2017 - Sludge Strain Press 800,000 0 0 800,000
CIS Upgrade/Replacement - Wastewater 507,023 0 0 507,023
CMMS - Maintenance Management 160,000 0 0 160,000
Collection System Replacement 350,000 0 0 350,000
-3-
Collection System Small Projects 743,000 0 0 743,000
Cured in Place Pipe 450,000 0 0 450,000
DWRF Improvement CIP 4,300,000 0 0 4,300,000
Polution Control Cap Replacement 30,000 0 0 30,000
Water Reclamation Replacement Program 3,100,000 0 0 3,100,000
Capital Projects Total 12,689,673 0 0 12,689,673
Total Wastewater $31,706,336 $0 $0 $31,706,336
Water
Operating Total $26,317,387 $0 $0 $26,317,387
Capital Projects:
Art in Public Places 42,300 0 0 42,300
2017 - Underground Elec Power Supply 650,000 0 0 650,000
2017 - Water Qualtiy Lab Rehab 1,300,000 0 0 1,300,000
CIS Upgrade/Replacement - Water 636,638 0 0 636,638
CMMS - Maintenance Management 160,000 0 0 160,000
Cathodic Protection 2,280,000 0 0 2,280,000
Distribution System Replacement 1,350,000 0 0 1,350,000
Distribution System Repl Small Projects 1,110,000 0 0 1,110,000
Microhydro Power Generator at the Water Treatment
Facility
0 434,300 0 434,300
Water Production Replacement Program 1,000,000 0 0 1,000,000
Water Quality Cap Replacement 50,000 0 0 50,000
Watershed Protection 80,000 0 0 80,000
Water Meter Replacement 800,000 0 0 800,000
Capital Projects Total 9,458,938 434,300 0 9,893,238
Total Water $35,776,325 $434,300 $0 $36,210,625
TOTAL ENTERPRISE FUNDS $229,194,456 $434,300 $0 $229,628,756
INTERNAL SERVICE FUNDS
Benefits $32,403,330 $0 $0 $32,403,330
Data & Communications 10,245,596 0 (41,000) 10,204,596
Equipment 14,077,252 140,000 (50,000) 14,167,252
Self Insurance 4,918,900 129,000 0 5,047,900
Utility Customer Service & Administration 18,031,671 110,000 0 18,141,671
TOTAL INTERNAL SERVICE FUNDS $79,676,749 $379,000 ($91,000) $79,964,749
SPECIAL REVENUE & DEBT SERVICE FUNDS
Capital Improvement Expansion $693,827 $0 $0 $693,827
Capital Leasing Corporation 5,509,829 0 0 5,509,829
Cemeteries 1,065,890 0 (1,171) 1,064,719
Conservation Trust
Operating Total - Admin & Parks Maint $231,149 $0 $0 $231,149
Capital Projects:
Trail Acquisition/Development 1,069,000 0 0 1,069,000
Capital Projects Total 1,069,000 0 0 1,069,000
Total Conservation Trust $1,300,149 $0 $0 $1,300,149
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Cultural Services & Facilities
Operating Total $4,220,169 0 (23,400) $4,196,769
Capital Projects - Art in Public Places 93,381 0 0 93,381
Cultural Plan Update 75,000 0 0 75,000
Total Cultural Services & Facilities $4,388,550 $0 ($23,400) $4,365,150
General Employees' Retirement $5,647,750 $0 $0 5,647,750
Keep Fort Collins Great
Operating Total $27,724,030 $0 ($453,525) $27,270,505
Capital Projects:
City Bridge Program 3,797,641 0 0 3,797,641
FC Bikes Program 250,000 0 0 250,000
Capital Projects Total 4,047,641 0 0 4,047,641
Total Keep Fort Collins Great $31,771,671 $0 ($453,525) $31,318,146
Museum $1,061,555 0 (5,000) $1,056,555
Natural Areas 12,802,420 104,000 0 12,906,420
Neighborhood Parkland Fund
Operating Total - Administration $612,686 $0 $0 $612,686
Capital Projects:
Trailhead Park 343,000 0 0 343,000
Neighborhood Park Development 0 1,200,000 0 1,200,000
Capital Projects Total 343,000 1,200,000 0 1,543,000
Total Neighborhood Parkland $955,686 $1,200,000 $0 $2,155,686
Parking $2,844,048 $750,000 $0 $3,594,048
Perpetual Care 28,211 0 0 28,211
Recreation 7,474,792 0 0 7,474,792
Sales & Use Tax 8,456,128 0 0 8,456,128
Transportation CEF 6,245,891 0 0 6,245,891
Transit Services 20,335,268 81,000 (184,144) 20,232,124
Transportation Services 27,465,921 0 (691,782) 26,774,139
SPECIAL REVENUE & DEBT $138,047,586 $2,135,000 ($1,359,022) $138,823,564
SERVICE FUNDS
CAPITAL PROJECTS FUNDS
Capital Projects Fund
Operating Total $131,000 $0 $0 $131,000
General City Capital Projects:
Arterial Intersection Imprvmnt - CCIP 400,000 0 0 400,000
Bicycle Infrastructure Im - CCIP 350,000 0 0 350,000
Bus Stop Improvements - CCIP 100,000 0 0 100,000
City Bridge Program 309,075 0 0 309,075
Expansion of Shop 0 1,250,000 0 1,250,000
Gardens Visitor Ctr Expansion - CCIP 2,185,000 0 0 2,185,000
Grandview Mausoleum Section 2 450,000 0 0 450,000
Horsetooth/College Intstn Impv 500,000 0 0 500,000
Nature in the City - CCIP 189,865 0 0 189,865
Pedestrian Sidewalk - ADA - CCIP 1,100,000 0 0 1,100,000
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Railroad Crossing Replacment 150,000 0 (150,000) 0
Suniga Impvmts-College/Blondel 1,500,000 0 0 1,500,000
Transfort Bus Replacements - CCIP 500,000 0 0 500,000
Willow Street Improvements - CCIP 765,000 0 0 765,000
Total General City Capital Projects $8,498,940 $1,250,000 ($150,000) $9,598,940
Total Capital Projects Fund $8,629,940 $1,250,000 ($150,000) $9,729,940
Community Capital Improvement Fund
General City Capital Projects:
Affordable Housing Fund 250,000 0 0 250,000
Arterial Intersection Imprvmnt - CCIP 400,000 0 0 400,000
Bicycle Infrastructure Im - CCIP 350,000 0 0 350,000
Bus Stop Improvements - CCIP 100,000 0 0 100,000
Gardens Visitor Ctr Expansion - CCIP 2,185,000 0 0 2,185,000
Lincoln Avenue Bridge 36,000 0 0 36,000
Nature in the City - CCIP 200,000 0 0 200,000
Pedestrian Sidewalk - ADA - CCIP 1,100,000 0 0 1,100,000
Poudre River Project 50,000 0 0 50,000
Transfort Bus Replacements - CCIP 500,000 0 0 500,000
Willow Street Improvements - CCIP 765,000 0 0 765,000
Total Community Capital Improvement Fund $5,936,000 $0 $0 $5,936,000
TOTAL CAPITAL PROJECTS FUNDS $14,565,940 $1,250,000 ($150,000) $15,665,940
TOTAL CITY FUNDS $610,799,844 $5,955,300 ($3,789,312) $612,965,832
Section 3. That there is hereby appropriated out of the revenues of the City, for the
fiscal year beginning January 1, 2018, and ending December 31, 2018, the sum of SIX
HUNDRED TWELVE MILLION NINE HUNDRED SIXTY-FIVE THOUSAND EIGHT
HUNDRED THIRTY-TWO DOLLARS ($612,965,832) to be raised by taxation and otherwise,
which sum is deemed by the City Council to be necessary to defray all expenditures of the City
during said budget year, to be divided and appropriated for the purposes shown in Section 2
above.
Section 4. Mill Levy.
a. That the 2018 mill levy rate for the taxation upon each dollar of the assessed
valuation of all the taxable real property within the City of Fort Collins as of January 1, 2018,
shall be 9.797 mills to be imposed on the assessed value of such property as set by state law for
property taxes payable in 2018, which levy represents the amount of taxes for City purposes is
necessary to provide for payment during the aforementioned2018 budget year of all properly
authorized expenditures to be incurred by the City, including interest and principal of general
obligation bonds.
b. That the City Clerk shall certify this levy of 9.797 mills to the County Assessor and
the Board of Commissioners of Larimer County, Colorado, in accordance with the applicable
provisions of law, as required by Article V, Section 5 of the City Charter and no later than
December 15, 2017.
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Introduced, considered favorably on first reading, and ordered published this 7th day of
November, A.D. 2017, and to be presented for final passage on the 21st day of November, A.D.
2017.
__________________________________
Mayor
ATTEST:
_______________________________
City Clerk
Passed and adopted on final reading on the 21st day of November, A.D. 2017.
__________________________________
Mayor
ATTEST:
_______________________________
City Clerk
Capital/Equipment Replacement $0.0 $0.2 $0.0 $0.0 $1.2 0.0 $0.0 $0.4 $1.8
Safety & Security 0.1 0.3 0.0 0.1 0.0 0.0 0.0 0.0 $0.5
365 Transfort Service 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 $0.2
Other 0.0 1.2 0.0 0.0 0.0 0.0 0.0 0.0 $1.2
TOTAL $0.1 $1.6 $0.0 $0.1 $1.2 $0.0 $0.2 $0.4 $3.7
($ millions)
General
Fund
Ongoing
General
Fund One-
Time
KFCG
Natural
Areas
Neighbor-
hood
Parkland
Transpor-
tation
Other Utilities TOTAL
Summary of Available Revenue $ 0.1 $ 10.9 $ 5.4 $ 2.7 $ 2.4 $ 5.5 $ 0.2 $ 33.8 $ 61.1
Total of Proposed Additions (0.1) (1.6) 0.0 (0.1) (1.2) 0.0 (0.2) (0.4) (3.7)
Remaining Available Reserves/Revenue $ - $ 9.3 $ 5.4 $ 2.6 $ 1.2 $ 5.5 $ - $ 33.4 $ 57.4