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HomeMy WebLinkAbout156 - 11/19/2024 - APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND FOR SNOW REMOVALORDINANCE NO. 156, 2024 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND FOR SNOW REMOVAL A.The City established a snow removal budget of $1,920,000 for 2024. B.The 2024 snow removal budget already has been depleted by $1,500,000. C.An additional expenditure of $1,070,000 is estimated for the 2024 November -December snow season, based on the period's historical average of five storms. Should these storms occur, total overspend for the year would equal $610,000. D.The actual costs of snow removal by the City have exceeded annual budget allocations on a yearly basis for more than ten years. E.Three primary factors in the increase of snow removal costs are increased operational costs, extremely cold temperatures, and large storms. F.Increased operational costs for snow removal include increases in personnel costs, material costs, contractor sidewalk snow removal costs, and the increase in the number of lane miles cleared. G.The presence of extremely cold temperatures increase operational costs by requiring the use of greater amounts of de-icing material, and more labor hours to remove ice and keep roads safe. H.Large storms drive up costs due to plowing residential roads, removal of downtown snow via truck, and increased costs for sidewalk snow remova l. I.The purpose of this Ordinance is to appropriate $610,000 from the Transportation Services Fund prior year reserves to cover costs already incurred and any additional costs necessary for snow removal and associated costs for the remainder of 2024, to avoid the diversion of funds from other budgeted purposes to cover these costs. J.This appropriation benefits the public health, safety and welfare of the residents of Fort Collins and serves the public purpose of providing community-wide snow removal. K.Article V, Seqtion 9 of the City Charter permits the City Council, upon the recommendation of the Ci�y Manager, to make supplemental appropria tions by ordinance at any time during the fiscal year from such revenues and funds for expenditure as may be available from reserves !accumulated in prior years, notwithstanding that such reserves were not previously appro�riated. - 1 - L.The City Manager has recommended the supplemental appropriation described herein and determined that this appropriation is available and previously unappropriated from the Transportation Services Fund and will not cause the total amount appropriated in the 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. 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 that there is hereby appropriated from prior year reserves in the Transportation Services Fund the sum of SIX HUNDRED TEN THOUSAND DOLLARS ($610,000) to be expended in the Transportation Services Fund for Snow Removal during the remainder of 2024. Introduced, considered favorably on first reading on November 4, 2024, and approved on second reading for final passage on November 19, 2024. ATTEST: Effective Date: November 29, 2024 Approving Attorney: Cyril Vidergar -2 - , ayor I , Sr. Deputy