Office of the City Manager
Reference: Third Amendment to the 2024 Budget
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Kathryn Mortensen, Budget and Performance Manager
Date Prepared: September 16, 2024
PURPOSE:
To amend the 2024 Budget to support grant awards, repayment of the Cemetery Fund loan, and adjustments to ongoing projects, including Trash Bash, community identity signs, Police Department training and blood draw services, and increased credit card fees.
STRATEGIC FOCUS AREA:
Financially Responsible
BACKGROUND:
The City Council adopted the 2024 Budget on October 17, 2023, at $265,434,894. The First Amendment to the 2024 Budget adjusted this amount to $266,382,461 to accommodate additional police officers and a grant to the Greater Brighton Chamber of Commerce.
In March, as per the 2024 Budget Resolution, capital carryover was administratively adjusted to reflect final year end amounts, reducing the budget to $258,626,442.
The Second Amendment to the 2024 Budget adjusted the total budget to $307,843,125 to address administrative tracking changes, changes to lodging tax allocations, new grant awards received, increased fleet maintenance costs, and timeline changes to several approved capital projects.
The Third Amendment to the 2024 Budget addresses several new grant awards we have received this year. This includes a new round of funding from the Colorado Auto Theft Prevention Agency to hire staff at the Police Department to run the program, as well as funding for tow fee reimbursements and the purchase of steering wheel locks. Additionally, the Police Department has received a SMART grant to fund two additional officers as well an increase to their annual mental health grant. Additional awards include the Brownfield Assessment grant to evaluate environmental needs at several downtown properties, and the Structural Assessment of the Historic Senior Center building.
This amendment als...
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