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Home My WebLink About2024 Ordinance No. 042Page 1 of 6 ORDINANCE NO. 42 COUNCIL BILL NO. 43 SERIES OF 2024 INTRODUCED BY COUNCIL MEMBER ANDERSON AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF ENGLEWOOD, COLORADO, FOR FISCAL YEAR 2025. WHEREAS, pursuant to the provisions of Part I, Article X, of the Charter of the City of Englewood, Colorado, a budget for fiscal year 2025 was duly submitted by the City Manager to the City Council; WHEREAS, the City Council of the City of Englewood studied and discussed the 2025 fiscal year budget at a budget workshop held on August 12 and August 26, 2024; WHEREAS, a public hearing on said budget was held by the City Council at the meeting of the City Council on September 16, 2024, in conformance with § 87 of the Home Rule Charter of the City of Englewood; and WHEREAS, notice of the time and place of said hearing was published within seven days after submission of the budget in the manner provided in the Charter for the publication of an ordinance, in conformance with § 87 of the Home Rule Charter of the City of Englewood. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, THAT: Section 1. That the budget of the City of Englewood, Colorado, for fiscal year 2025, as submitted by the City Manager, duly considered by the City Council and with changes made by the City Manager to reflect Council discussion after public hearing, is adopted as the budget for the City of Englewood for the fiscal year 2025. Section 2. GENERAL FUND 2025 BUDGET Fund Balance, January 1, 2025 $ 20,377,825 REVENUES Sales/Use Tax $ 43,832,000 Property and Specific Ownership Tax $ 6,820,000 Franchise/Occupation/Hotel Tax $ 4,264,900 Licenses/Permits $ 1,291,500 Intergovernmental Revenue $ 1,343,101 Charges for Services $ 6,636,765 Cultural & Recreation $ 3,037,300 Fines & Forfeitures $ 299,500 Interest $ 404,000 Docusign Envelope ID: DE5DEA4E-0CA4-4288-BDF7-A3C3CDA482E6 Page 2 of 6 Contribution from Component Units $ 1,975,000 Other $ 784,235 Total Revenues $ 70,688,301 Other Financing Sources $ 145,509 Total Sources of Funds $ 70,833,810 EXPENDITURES Legislation $ 227,528 City Manager's Office $ 1,008,007 City Clerk's Office $ 895,627 City Attorney's Office $ 1,084,049 Municipal Court $ 1,600,285 Human Resources $ 982,033 Finance $ 2,447,975 Information Technology $ 5,485,912 Community Development $ 3,889,205 Public Works $ 13,965,291 Police $ 28,322,522 Parks, Recreation, Library and Golf $ 10,725,495 Communications $ 1,143,682 Interdepartmental Programs $ 764,662 Debt Service $ 145,509 Component Units $ 400,000 Total Expenditures $ 73,087,781 Other Financing Uses $ 2,435,000 Total Uses of Funds $ 75,522,781 Fund Balance, December 31, 2025 $ 15,688,854 Section 3. SPECIAL REVENUE FUNDS SPECIAL REVENUE FUNDS Conservation Trust Fund Fund Balance, January 1, 2025 $ 473,128 Revenues $ 420,000 Expenditures $ 593,047 Fund Balance, December 31, 2025 $ 300,081 Donors Fund Fund Balance, January 1, 2025 $ 821,300 Revenues $ 92,100 Expenditures $ 395,500 Docusign Envelope ID: DE5DEA4E-0CA4-4288-BDF7-A3C3CDA482E6 Page 3 of 6 Fund Balance, December 31, 2025 $ 517,900 Parks and Recreation Trust Fund Fund Balance, January 1, 2025 $ 140,626 Revenues $ 2,500 Expenditures $ 15,000 Fund Balance, December 31, 2025 $ 128,126 Malley Center Trust Fund Fund Balance, January 1, 2025 $ 448,700 Revenues $ 3,000 Expenditures $ 35,000 Fund Balance, December 31, 2025 $ 416,700 Open Space Fund Fund Balance, January 1, 2025 $ 1,159,248 Revenues $ 1,600,000 Expenditures $ 1,308,321 Fund Balance, December 31, 2025 $ 1,450,927 Section 4. DEBT SERVICE FUNDS DEBT SERVICE FUNDS Police HQ General Obligation Bonds Fund Balance, January 1, 2025 $ 120,599 Revenues $ 2,238,250 Expenditures $ 2,223,300 Fund Balance, December 31, 2025 $ 135,549 Section 5. CAPITAL PROJECT FUNDS Public Improvement Fund Fund Balance, January 1, 2025 $ 6,376,080 Revenues $ 4,210,000 Expenditures $ 4,597,029 Transfer In $ - Transfer Out $ 3,645,509 Fund Balance, December 31, 2025 $ 2,343,542 Capital Projects Fund Fund Balance, January 1, 2025 $ 1,880,978 Revenues $ 165,000 Docusign Envelope ID: DE5DEA4E-0CA4-4288-BDF7-A3C3CDA482E6 Page 4 of 6 Expenditures $ 6,780,080 Transfer In $ 5,935,000 Fund Balance, December 31, 2025 $ 1,200,898 Police HQ Construction Fund Fund Balance, January 1, 2025 $ 1,084,851 Revenues $ 50,000 Expenditures $ 575,600 Fund Balance, December 31, 2025 $ 559,251 Section 6. ENTERPRISE FUNDS ENTERPRISE FUNDS Water Fund Fund Balance, January 1, 2025 $ 26,264,877 Revenues $ 33,549,898 Expenditures $ 53,714,228 Fund Balance, December 31, 2025 $ 6,100,547 Sewer Fund Fund Balance, January 1, 2025 $ 1,806,320 Revenues $ 31,522,000 Expenditures $ 30,154,749 Fund Balance, December 31, 2025 $ 3,173,571 Storm Drainage Fund Fund Balance, January 1, 2025 $ 5,710,187 Revenues $ 3,814,000 Expenditures $ 7,548,665 Fund Balance, December 31, 2025 $ 1,975,522 Golf Course Fund Fund Balance, January 1, 2025 $ 701,986 Revenues $ 3,372,636 Expenditures $ 3,184,078 Fund Balance, December 31, 2025 $ 890,544 Concrete Utility Fund Fund Balance, January 1, 2025 $ 1,981,166 Revenues $ 1,153,600 Expenditures $ 1,215,205 Fund Balance, December 31, 2025 $ 1,919,561 Docusign Envelope ID: DE5DEA4E-0CA4-4288-BDF7-A3C3CDA482E6 Page 5 of 6 Housing Rehabilitation Fund Fund Balance, January 1, 2025 $ 1,139,021 Revenues $ 136,325 Expenditures $ 314,150 Fund Balance, December 31, 2025 $ 961,196 Section 7. INTERNAL SERVICE FUNDS INTERNAL SERVICE FUNDS Servicenter Fund Fund Balance, January 1, 2025 $ 152,923 Revenues $ 2,879,785 Expenditures $ 2,556,952 Fund Balance, December 31, 2025 $ 475,756 Capital Equipment Replacement Fund Fund Balance, January 1, 2025 $ 2,837,374 Revenues $ 1,070,591 Expenditures $ 2,655,000 Fund Balance, December 31, 2025 $ 1,252,965 Risk Management Fund Fund Balance, January 1, 2025 $ 791,443 Revenues $ 1,935,687 Expenditures $ 2,592,474 Fund Balance, December 31, 2025 $ 134,656 Employee Benefits Fund Fund Balance, January 1, 2025 $ 1,027,993 Revenues $ 7,108,981 Expenditures $ 7,333,483 Fund Balance, December 31, 2025 $ 803,491 Section 8. That the said budget shall be a public record in the office of the City Clerk and shall be open to public inspection. Sufficient copies thereof shall be made available for the use of the City Council and the public, the number of copies to be determined by the City Manager. Introduced and passed on first reading on the 7th day of October, 2024; and on second reading, in identical form to the first reading, on the 21st day of October, 2024. Othoniel Sierra, Mayor Docusign Envelope ID: DE5DEA4E-0CA4-4288-BDF7-A3C3CDA482E6 Page 6 of 6 ATTEST: _________________________________ Stephanie Carlile, City Clerk I, Stephanie Carlile, City Clerk of the City of Englewood, Colorado, hereby certify that the above and foregoing is a true copy of an Ordinance, introduced and passed in identical form on first and second reading on the dates indicated above; and published two days after each passage on the City’s official website for at least thirty (30) days thereafter. The Ordinance shall become effective thirty (30) days after first publication on the City’s official website. Stephanie Carlile Docusign Envelope ID: DE5DEA4E-0CA4-4288-BDF7-A3C3CDA482E6