Office of the City Manager
Reference: Adopting the 2023 Budget for the City of Brighton
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Kayla Barber-Perrotta, Budget and Performance Manager
Date Prepared: November 14, 2022
PURPOSE:
To approve a resolution adopting the 2023 Budget for the City of Brighton at $254,765,841.
STRATEGIC FOCUS AREA:
Financially Responsible
BACKGROUND:
The City Council must annually adopt the budget for the general operations of the City, its capital commitments, special revenue funds, and enterprise funds. Recommended appropriations for the 2023 Budget are $254,765,841 as broken out in the attached resolution. While this year’s budget discussions did include both a recommended 2023 and proposed 2024 Budget, due to State requirements, the budget being considered for adoption this evening just covers the 2023 fiscal year from January 1, 2023 to December 31, 2023. The proposed 2024 Budget presented earlier in the year was conducted to allow the City to start being more strategic in its long-term financial planning, and will act as a foundation for budget discussions during the spring and summer of 2023 before eventual adoption later next year.
CRITERIA BY WHICH COUNCIL MUST CONSIDER THE ITEM:
City Council must appropriate funds for the annual budget through adoption of the annual budget resolution.
STAFF RECOMMENDATION
Staff is recommending approval of the attached 2023 Budget Resolution.
OPTIONS FOR COUNCIL CONSIDERATION
Approve, amend, or deny the proposed resolution.
ATTACHMENTS
Proposed Resolution
Budget Presentation