HomeMy WebLinkAbout058 - 05/21/2024 - MAKING SUPPLEMENTAL APPROPRIATION OF THE 2050 TAX FOR VARIOUS PROGRAMS AND SERVICES RELATED TOORDINANCE NO.058,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
MAKING SUPPLEMENTAL APPROPRIATION OF THE 2050 TAX
FOR VARIOUS PROGRAMS AND SERVICES RELATED TO
PARKS,RECREATION,TRANSIT AND OUR CLIMATE FUTURE
A.In August 2023,the City Council adopted Resolution No.2023-074,which
submitted to the City’s registered electors a ballot issue to increase the City’s sales and
use tax by .50%,beginning January 1,2024 and ending at midnight on December 31,
2025,with the revenues to be spent only for certain items related to parks and recreation;
air pollution and climate goals;and transit system improvements (the 412050 Tax”).
B.The electors approved the ballot issue at the City’s regular municipal
election held on November 7,2023,and the 2050 Tax went into effect January 1,2024.
C.City staff presented proposed projects for the revenue from the 2050 Tax to
Council Finance Committee on March 20,2024.Building on questions and comments
from Council Finance Committee,City staff presented proposed projects to the full
Council at a work session on April 9,2024.
D.Because the vote to approve the 2050 Tax occurred at roughly the same
time as Council’s approval of the 2024 annual appropriation,the appropriation of 2024
revenue from the 2050 Tax is being presented as a standalone item.
E.City staff continue to work on the 2025-2026 City Manager’s Recommended
Budget to be presented to Council later this year,and many of the projects staff is
proposing for the 2024 revenue from the 2050 Tax are one4ime in nature and are
expected to be substantially complete in 2024.However,a portion of the amounts
identified for the proposals are ongoing in nature primarily for the staff needed to start this
work and be positioned to execute projects approved as part of the 2025-2026 Budget.
F.Article V,Section 9 of the City Charter permits the City Council,upon
recommendation of the City Manager,to make a supplemental appropriation by ordinance
at any time during the fiscal year,provided that the total amount of such supplemental
appropriation,in combination with all previous appropriations for that fiscal year,do not
exceed the current estimate of actual and anticipated revenues and all other funds to be
received during the fiscal year.
G.The City Manager has recommended the appropriation described herein
and determined that this appropriation is available and previously unappropriated from
the 2050 Tax Parks Recreation Transit and Our Climate Future Fund and will not cause
the total amount appropriated in the 2050 Tax Parks Recreation Transit and Our Climate
Future Fund to exceed the current estimate of actual and anticipated revenues and all
other funds to be received in this Fund during this fiscal year.
H.Article V,Section 11 of the City Charter authorizes the City Council to
designate in the ordinance when appropriating funds for capital projects that such funds
shall not lapse until the completion of the capital project.
The City Council wishes to designate a portion of the appropriation herein
for the 2050 tax for Parks,Recreation,Transit and Our Climate Future as an appropriation
that shall not lapse until the earlier completion of Capital Projects or the City’s expenditure
of all funds.
In light of the foregoing recitals,which the Council hereby makes and adopts as
determinations and findings,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1.There is hereby appropriated from new revenue or other funds in the
2050 Tax Parks Recreation Transit and Our Climate Future Fund the sum of FIVE
MILLION THREE HUNDRED TWO THOUSAND FIVE HUNDRED EIGHTY-SIX
DOLLARS ($5,302,586)to be expended in the 2050 Tax Parks Recreation Transit and
Our Climate Future Fund for various Parks and Recreation programs and services.
Section 2.There is hereby appropriated from new revenue or other funds in the
2050 Tax Parks Recreation Transit and Our Climate Future Fund the sum of ONE
MILLION ONE HUNDRED FORTY-NINE THOUSAND FIVE HUNDRED NINETY-FOUR
DOLLARS ($1,149,594)to be expended in the 2050 Tax Parks Recreation Transit and
Our Climate Future Fund for various Transit programs and services.
Section 3.There is hereby appropriated from new revenue or other funds in the
2050 Tax Parks Recreation Transit and Our Climate Future Fund the sum of THREE
MILLION SEVEN HUNDRED NINETY-TWO THOUSAND DOLLARS ($3,792,000)to be
expended in the 2050 Tax Parks Recreation Transit and Our Climate Future Fund for
various Our Climate Future programs and services.
Section 4.That,as provided in Article V,Section 11 of the City Charter,all of
the following funds appropriated herein for capital projects shall not lapse until the
completion of the capital project:
Parks and Recreation —Transform $4,000,000
Our Climate Future -Comprehensive
exterior lighting retrofits at City recreation
centers
Our Climate Future -Implement bicycle
infrastructure as determined in Active
Modes plan (Centre Aye)
Our Climate Future -Implement bicycle
infrastructure as determined in Active
Modes plan (Laporte Aye)____
$500,000
$350,000
$57,000
-2-
Our Climate Future -Add solar PV system
at City Facility —new fueling canopy and
shop expansion at Wood St
$250,000
Introduced,considered favorably on first reading on May 7,2024,and approved
on second reading for final passage on May 21,2024.
ATTEST:
Interim City Clerk
Effective Date:May 31,2024
Approving Attorney:Ryan Malarky
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