HomeMy WebLinkAbout12aii CB60 COUNCIL COMMUNICATION
TO: Mayor and Council
FROM: Kevin Engels
DEPARTMENT: Finance
DATE: October 6, 2025
SUBJECT:
2026 Budget Ordinances First Reading (City of Englewood 2026
Budget)
DESCRIPTION:
2026 Budget Ordinances First Reading (2 of 5)
RECOMMENDATION:
Staff recommends City Council approve the second of five Ordinances for the City of
Englewood 2026 budget.
PREVIOUS COUNCIL ACTION:
January 25, 2025 - City Council Vision and Goal Setting Workshop
April 7, 2025 - Preliminary Budget Assumptions discussed for the 2026-2030 (5-Year)
Period
April 14, 2025 - Review Preliminary 2026-2030 Capital Projects List in a Joint Meeting
with City Council, Planning and Zoning Commission and Budget Advisory Committee
June 23, 2025 - Staff discussed with Council the preliminary 2026 operational and
capital budget priorities and initiatives.
July 28, 2025 - Staff Mid-Year Review of the 2025 Capital Items of the Capital
Improvement Plan (CIP).
August 11, 2025 - Staff discussed with Council the draft proposed 2026 operational and
capital budget.
September 15, 2025 - 2026 Budget Public Hearing - Staff presented changes to the
proposed 2026 operational and capital budget since the August 11, 2025 Study Session
with City Council. City Council supported the $200K funding request increase to the
Public Improvement Fund Neighborhood Traffic Calming and Pedestrian Safety Program
changing the funding estimate from $250K to $450K.
September 22, 2025 - Staff brought forward the list of capital items City Council had
mentioned during the Budget Public Hearing that could be funded with the $400K made
available with the Donors Fund contribution of $600K for the Little Dry Creek Plaza
Improvement Project.
o City Council supported the following additional projects for inclusion in the 2026
capital budget: Sidewalk Gap Construction Program ($200K), Walk and Wheel
Implementation Program ($140K), Neighborhood Traffic Calming and Pedestrian
Safety Improvements Program ($50K) and Emerald Ash Borer Grant Program
($10K).
o Additionally, the replacement of the Englewood and Malley Senior Recreation
Doors will also be included and funded at $60K each in the Capital Projects Fund
Page 614 of 1257
and the Conservation Trust Fund, respectively. In the meantime, City Council
has directed staff to request that the Malley Senior Recreation Door
Replacement be funded through the Malley Senior Recreation Trust Fund with a
2026 budget supplemental.
SUMMARY:
The Charter of the City of Englewood requires the City Council to adopt the next year's Budget
and Appropriation Ordinances no later than thirty days prior to the first day of the next fiscal year
to ensure there is legal authority to expend funds. (Article X, Part I, Section 90)
The City of Englewood 2026 Budget was developed over the past several months with
significant collaboration between the City Council and City staff. This year's budget process
leveraged our collective capacity to deliver quality city services, enhanced public safety, and
reinvigorated our existing city infrastructure. Despite the fiscal challenges, the budget maintains
our commitments through 2026. Continued long-term planning and prioritization with the City
Council and the community is necessary to ensure sustainability into the future.
ANALYSIS:
The City of Englewood Budget is balanced, as required by City Charter (Article X. Part 1.
Budget) and Financial Policies Resolution No. 27 Series 2022. This means that across all funds
for 2026, the city's estimated Revenues in addition to the beginning Fund Balance or Funds
Available meet or exceed the city's estimated Expenditures.
Governmental Fund Types: Fund Balance* + Revenues >= Expenditures
Proprietary Fund Types: Funds Available** + Revenues >= Expenditures
The estimated ending Governmental Funds Balance for 2026 is $20.3 million. The estimated
ending Proprietary Funds Available Balances for 2026 totals $51.4 million. The City's Funds are
detailed in the attached 2026 Consolidated Budget Summary Sources and Uses by Fund.
* Fund Balance = Assets less Liabilities
** Funds Available = Current Assets less Current Liabilities plus Principal portion of Debt
Service
COUNCIL ACTION REQUESTED:
Staff supports the 2026 Budget and is looking forward to Council's direction in developing future
budgets.
FINANCIAL IMPLICATIONS:
Please review the attached 2026 Consolidated Budget Summary Sources and Uses by Fund in
addition to the budget documents using the following link:
https://www.englewoodco.gov/government/city-departments/finance/budget-and-financial-
reports/budget-reports.
CONNECTION TO STRATEGIC PLAN:
First reading of the 2026 budget ordinances supports the Strategic Plan Governance
result/outcome
Governance - A city government that serves the community by being efficient, effective,
accountable, and adaptable
Page 615 of 1257
OUTREACH/COMMUNICATIONS:
The 2026 Budget Process included citizen input during the capital projects budget preparation
through the input of the following boards, commissions and committees: Planning and Zoning
Commission, Englewood Transportation Advisory Committee, Parks and Recreation
Commission, Library Board and Budget Advisory Committee.
Additionally the annual 2026 Budget Public Hearing held on September 15, 2025 provided an
opportunity for public comment regarding the operational and capital budgets.
ATTACHMENTS:
CB # 60 - COE 2026 Budget
2026 Consolidated Budget Summary Sources and Uses by Fund
Page 616 of 1257
Page 1 of 6
ORDINANCE NO. ____ COUNCIL BILL NO. 60
SERIES OF 2025 INTRODUCED BY COUNCIL
MEMBER _______________
A BILL FOR
AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF
ENGLEWOOD, COLORADO, FOR FISCAL YEAR 2026.
WHEREAS, pursuant to the provisions of Part I, Article X, of the Charter of the City
of Englewood, Colorado, a budget for fiscal year 2026 was duly submitted by the City Manager
to the City Council; and
WHEREAS, the City Council of the City of Englewood studied and discussed the
2026 fiscal year budget at a budget workshop held on August 11, 2025; and
WHEREAS, a public hearing on said budget was held by the City Council at the
meeting of the City Council on September 15, 2025, 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 2026, 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 2026.
Section 2. GENERAL FUND 2026 BUDGET
Fund Balance, January 1, 2026 $ 14,617,851
REVENUES
Sales/Use Tax $ 43,003,933
Property and Specific Ownership Tax $ 7,050,000
Franchise/Occupation/Hotel Tax $ 4,334,900
Licenses/Permits $ 2,147,601
Intergovernmental Revenue $ 1,671,983
Charges for Services $ 6,750,149
Cultural & Recreation $ 3,336,549
Fines & Forfeitures $ 621,300
Page 617 of 1257
Page 2 of 6
Interest $ 655,000
Contribution from Component Units $ 2,150,000
Other $ 1,198,275
Total Revenues $ 72,919,690
Other Financing Sources $ 239,000
Total Sources of Funds $ 73,158,690
EXPENDITURES
Legislation $ 232,480
City Manager's Office $ 1,107,819
City Clerk's Office $ 899,992
City Attorney's Office $ 1,070,868
Municipal Court $ 1,550,025
Human Resources $ 951,658
Finance $ 2,477,826
Information Technology $ 5,662,379
Community Development $ 3,875,691
Public Works $ 14,691,316
Police $ 29,158,131
Parks, Recreation, Library and Golf $ 10,911,377
Communications $ 1,097,993
Interdepartmental Programs $ 532,357
Debt Service $ 120,000
Component Units $ -
Total Expenditures $ 74,339,912
Other Financing Uses $ 400,000
Total Uses of Funds $ 74,739,912
Fund Balance, December 31, 2026 $ 13,036,629
Section 3. SPECIAL REVENUE FUNDS
Conservation Trust Fund
Fund Balance, January 1, 2026 $ 494,408
Revenues $ 420,000
Expenditures $ 652,603
Fund Balance, December 31, 2026 $ 261,805
Donors Fund
Fund Balance, January 1, 2026 $ 1,078,172
Revenues $ 94,100
Expenditures $ 395,500
Page 618 of 1257
Page 3 of 6
Transfer Out $ 694,000
Fund Balance, December 31, 2026 $ 82,772
Parks and Recreation Trust Fund
Fund Balance, January 1, 2026 $ 141,636
Revenues $ 2,500
Expenditures $ 15,000
Fund Balance, December 31, 2026 $ 129,136
Malley Center Trust Fund
Fund Balance, January 1, 2026 $ 459,683
Revenues $ 3,000
Expenditures $ 35,000
Fund Balance, December 31, 2026 $ 427,683
Open Space Fund
Fund Balance, January 1, 2026 $ 604,758
Revenues $ 1,600,000
Expenditures $ 1,307,325
Fund Balance, December 31, 2026 $ 897,433
Section 4. DEBT SERVICE FUNDS
Police HQ General Obligation Bonds
Fund Balance, January 1, 2026 $ 181,954
Revenues $ 2,238,250
Expenditures $ 2,223,300
Fund Balance, December 31, 2026 $ 196,904
Parks and Recreation General Obligation Bonds
Fund Balance, January 1, 2026 $ 2,180,000
Revenues $ 2,040,000
Expenditures $ 3,150,300
Fund Balance, December 31, 2026 $ 1,069,700
Section 5. CAPITAL PROJECT FUNDS
Public Improvement Fund
Fund Balance, January 1, 2026 $ 3,081,050
Revenues $ 5,331,000
Page 619 of 1257
Page 4 of 6
Expenditures $ 5,991,622
Transfer In $ 600,000
Transfer Out $ 120,000
Fund Balance, December 31, 2026 $ 2,900,428
Capital Projects Fund
Fund Balance, January 1, 2026 $ 2,480,976
Revenues $ 165,000
Expenditures $ 1,705,616
Transfer In $ -
Fund Balance, December 31, 2026 $ 940,360
Police HQ Construction Fund
Fund Balance, January 1, 2026 $ 730,911
Revenues $ 50,000
Expenditures $ 570,100
Fund Balance, December 31, 2026 $ 210,811
Parks and Recreation Construction Fund
Police HQ Construction Fund $ 50,000
Revenues $ 50,000
Expenditures $ 1,000
Fund Balance, December 31, 2026 $ 99,000
Section 6. ENTERPRISE FUNDS
Water Fund
Fund Balance, January 1, 2026 $ 30,542,987
Revenues $ 35,938,312
Expenditures $ 53,969,012
Fund Balance, December 31, 2026 $ 12,512,287
Sewer Fund
Fund Balance, January 1, 2026 $ 12,946,171
Revenues $ 37,188,127
Expenditures $ 28,123,236
Fund Balance, December 31, 2026 $ 22,011,062
Storm Drainage Fund
Fund Balance, January 1, 2026 $ 9,670,317
Revenues $ 3,974,600
Page 620 of 1257
Page 5 of 6
Expenditures $ 5,083,985
Transfer Out $ 25,000
Fund Balance, December 31, 2026 $ 8,535,932
Golf Course Fund
Fund Balance, January 1, 2026 $ 901,748
Revenues $ 4,102,359
Expenditures $ 3,541,005
Fund Balance, December 31, 2026 $ 1,463,102
Concrete Utility Fund
Fund Balance, January 1, 2026 $ 1,866,103
Revenues $ 1,153,600
Expenditures $ 1,214,651
Fund Balance, December 31, 2026 $ 1,805,052
Housing Rehabilitation Fund
Fund Balance, January 1, 2026 $ 1,320,215
Revenues $ 138,625
Expenditures $ 457,719
Fund Balance, December 31, 2026 $ 1,001,121
Section 7. INTERNAL SERVICE FUNDS
Servicenter Fund
Fund Balance, January 1, 2026 $ 1,316,004
Revenues $ 2,802,905
Expenditures $ 2,767,715
Fund Balance, December 31, 2026 $ 1,351,194
Capital Equipment Replacement Fund
Fund Balance, January 1, 2026 $ 3,098,296
Revenues $ 832,924
Expenditures $ 2,050,000
Fund Balance, December 31, 2026 $ 1,881,220
Risk Management Fund
Fund Balance, January 1, 2026 $ 388,685
Revenues $ 2,929,972
Expenditures $ 2,962,484
Fund Balance, December 31, 2026 $ 356,173
Page 621 of 1257
Page 6 of 6
Employee Benefits Fund
Fund Balance, January 1, 2026 $ 677,857
Revenues $ 7,108,981
Expenditures $ 7,323,220
Fund Balance, December 31, 2026 $ 463,618
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.
Page 622 of 1257
2026 Consolidated Budget Summary Sources and Uses By Fund
Governmental Fund Types
General Fund 14,617,851 73,158,690 74,739,912 13,036,629 13,036,629 —
Special Revenue Funds
Conservation Trust Fund 494,408 420,000 652,603 261,805 —
261,805
Donors Fund 1,078,172 94,100 1,089,500 82,772 —
82,772
Malley Center Trust Fund 459,683 3,000 35,000 427,683 —
427,683
Parks & Recreation Trust Fund 141,636 2,500 15,000 129,136 —
129,136
Open Space Fund 604,758 1,600,000 1,307,325 897,433 —
897,433
Total Special Revenue Funds 2,778,657 2,119,600 3,099,428 1,798,829 —
1,798,829
Debt Service Fund
General Obligation Bond Fund 2,180,000 2,040,000 3,150,300 1,069,700 — 1,069,700
Police HQ GO Bond 181,954 2,238,250 2,223,300 196,904 —
196,904
Total Debt Service Fund 2,361,954 4,278,250 5,373,600 1,266,604 —
1,266,604
Capital Projects Funds
Public Improvement Fund 3,081,050 5,931,000 6,111,622 2,900,428 —
2,900,428
Capital Projects Fund 2,480,976 165,000 1,705,616 940,360 —
940,360
Police HQ Construction Fund 730,911 50,000
570,100 210,811 —
210,811
Total Capital Projects Funds 6,342,937 6,196,000 8,388,338 4,150,599 —
4,150,599
Total Governmental Funds 26,101,399 85,752,540 91,601,278 20,252,661 13,036,629 7,216,032
Estimated
Beginning
Balance
Sources of
Funds
Uses of
Funds
Estimated
Ending
Balance Reserves
Estimated
Unappropriated
Balance
Continues on Next Page
City of Englewood, Colorado 1 BUDGET 2026
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2025 Consolidated Budget Summary Sources and Uses By Fund
Continued from Previous Page
Estimated
Beginning
Balance
Sources of
Funds
Uses of
Funds
Estimated
Ending
Balance Reserves
Estimated
Unappropriated
Balance
Proprietary Fund Types
Enterprise Funds
Water Fund 30,542,987 35,938,312 53,969,012 12,512,287 — 12,512,287
Sewer Fund 12,946,172 37,188,127 28,123,237 22,011,062 — 22,011,062
Stormwater Drainage Fund 9,670,317 3,974,600 5,108,985 8,535,932 — 8,535,932
Golf Course Fund 901,747 4,102,359 3,541,004 1,463,102 — 1,463,102
Concrete Utility Fund 1,866,102 1,153,600 1,214,650 1,805,052 — 1,805,052
Housing Rehabilitation Fund 1,320,215 138,625 457,719 1,001,121 — 1,001,121
Total Enterprise Funds 57,247,540 82,495,623 92,414,607 47,328,556 — 47,328,556
Internal Service Funds
ServiCenter Fund 1,316,004 2,802,905 2,767,715 1,351,194 — 1,351,194
Capital Equipment Replacement Fund 3,098,296 832,924 2,050,000 1,881,220 — 1,881,220
Risk Management Fund 388,685 2,929,972 2,962,484 356,173 — 356,173
Employee Benefits Fund 677,857 7,108,981 7,323,220 463,618 — 463,618
Total Internal Service Funds 5,480,842 13,674,782 15,103,419 4,052,205 — 4,052,205
Total Proprietary Funds 62,728,382 96,170,405 107,518,026 51,380,761 — 51,380,761
Total All Funds 88,829,781 181,922,945 199,119,304 71,633,422 13,036,629 58,596,793
City of Englewood, Colorado 2 BUDGET 2026
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