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Home My WebLink About4a EDDA PROPOSED BUDGET COUNCIL COMMUNICATION TO: Mayor and Council FROM: Hilarie Portell DEPARTMENT: Downtown Development Authority DATE: October 6, 2025 SUBJECT: EDDA Proposed 2026 Budget DESCRIPTION: Englewood Downtown Development Authority (EDDA) Proposed 2026 Budget RECOMMENDATION: Hilarie Portell, EDDA Executive Director, Brad Nixon, EDDA Board Treasurer, and Troy Bernberg, EDDA Financial Advisor, will be present to discuss the EDDA Proposed 2026 Budget. PREVIOUS COUNCIL ACTION: EDDA 2025 Budget approved by City Council by motion on October 20, 2025. SUMMARY: Per the Colorado DDA statute, specifically C.R.S. § 31-25-816, the EDDA submits its proposed annual budget to the city for approval during its normal budget cycle. The EDDA Board of Directors voted on August 27, 2025, to refer the proposed EDDA 2026 Budget to City Council for consideration. ANALYSIS: The EDDA Board of Directors approved a 2026 Operating Plan by resolution on August 27, 2025. The Proposed 2026 Budget is intended to allow the EDDA to implement the 2026 Operating Plan. The Operating Plan is aligned with the goals and objectives of the Englewood Downtown Development Authority Plan of Development, adopted by City Council in 2021. The 2026 property and sales tax increment revenue is based on conservative projections. Final property tax data is not provided by the Arapahoe County Assessor until early December 2025. Similarly, 2026 sales tax increment revenue will not be provided by the City of Englewood until late 2026. The 2026 EDDA operating plan and budget represent numerous ways the EDDA is partnering with city departments. This leverages resources and offsets costs that the city has committed to Downtown priority projects. The purpose of the Study Session is to present the proposed budget to City Council and to answer any questions. COUNCIL ACTION REQUESTED: The study session is intended to present the EDDA Proposed 2026 Budget to council and to respond to comments or questions. FINANCIAL IMPLICATIONS: There is no financial impact associated with this Study Session. Page 5 of 1257 As to the proposed budget, the 2026 operations and activities of the EDDA will be funded through property and sales tax increment. The work of the EDDA, as represented in the Proposed 2026 Budget, will help offset costs that would otherwise be borne by the General Fund through grants and service delivery and will provide intangible benefits to the City by enhancing the downtown district. CONNECTION TO STRATEGIC PLAN: The EDDA's annual operating plan is now a plug-in to the City of Englewood's Strategic Plan to ensure alignment with city goals. The programs and projects in the EDDA's 2026 Operating Plan connect with many of the goals and outcomes in the City's Strategic Plan. In addition, the EDDA partners with various city departments on projects connected to the goals of the Strategic Plan, including Community Development, Parks, Public Works, Sustainability, and Communications. Examples include: Safety  Improve safety of the public realm  Increase energy-efficient lighting Transportation  ensure access and increased opportunities for multi-modal transportation  enhance walkability, accessibility, and bicycle travel Economy  support vibrancy of commercial districts throughout the downtown  support small business recruitment, growth, and retention  act as a public financing partner for the CityCenter redevelopment project Community Engagement  ensure that Downtown news and events are shared through a variety of tactics  support events to bring the community together and enhance sense of belonging  provide public information and engagement opportunities to inform project planning Sustainability  energy-efficient and sustainable public realm designs  native landscaping and tree canopy enhancements  promote sustainable business practices Community Wellbeing  support and advocate for housing affordable to middle-income workers in Englewood  promote and encourage beautification, cleanliness, and code compliance in downtown  enhance placemaking and design of public spaces in the Downtown District that support local identity and community health and well-being  plan for integrated, place-based public art  improve wayfinding and access ATTACHMENTS: EDDA 2026 Operating Plan EDDA Proposed 2026 Budget Presentation EDDA Proposed 2026 Budget Page 6 of 1257 Englewood Downtown Development Authority Proposed Final Budget 2025 2026 Revenue $3,837,806 $4,745,000 Expenditures % of TOT Exp. Management & Administration 10.37% 270,600 305,580 Programs Marketing 6.72% 176,900 198,050 Supplementary Maintenance 2.58% 60,730 76,002 Mobility & Transportation 1.85%46,200 54,450 Public Space Enhancement/Placemaking 65.08% 868,850 1,918,000 Economy, Jobs & Homes 4.75% 97,500 140,000 Operations 3.56%32,850 105,000 Contingency 5.09% 50,000 150,000 100.00%1,603,630 2,947,082 $2,234,176 $1,797,919 Total Revenue Total Expenditures Excess Revenues Over Expenses Page 7 of 1257 Englewood Downtown Development Authority 2026 Budget Presentation Hilarie Portell, Executive Director Pa g e 8 o f 1 2 5 7 Agenda I.EDDA Overview II.Englewood Downtown Plan Connection III.Proposed 2026 Budget IV.2026 Enhancements V.Questions Pa g e 9 o f 1 2 5 7 3 Englewood Downtown Development Authority Government entity formed in 2021 to implement the Englewood Downtown Plan in partnership with the City of Englewood and other stakeholders. •Champion for Downtown •Must serve a public purpose Projects & programs that advance and improve the downtown district and its quality of life. •Economic Development & Marketing •Public Space Enhancements & Placemaking •Mobility & Parking •Land Use Planning & Urban Design Can supplement or enhance the city’s standard level of service in the downtown district. Regulated by Colorado Revised Statute §31-25-801, et seq. Not urban renewal—no power of condemnation. 20 DDAs in Colorado Pa g e 1 0 o f 1 2 5 7 4 Englewood Downtown District Pa g e 1 1 o f 1 2 5 7 5 Pa g e 1 2 o f 1 2 5 7 Organizational Structure City Council appoints Board C.R.S § 31-25-801, et seq., governs EDDA EDDA Board of Directors Executive Director Administrative Coordinator Contractors Programs Maintenance Marketing Projects Economic Development Public Space Enhancements Mobility & Transportation Urban Design Pa g e 1 3 o f 1 2 5 7 The Englewood Downtown Plan Pa g e 1 4 o f 1 2 5 7 8 2026 Goals 1.Drive Downtown Growth and Vitality: Advance projects that attract and retain residents, businesses, visitors, and new investment, strengthening Downtown Englewood as a dynamic economic hub. 2.Transition Priority Projects to Implementation: Move key projects from planning to action by strategically investing public funds. 3.Foster Connectivity and Accessibility: Create a more connected, safe, and accessible Downtown that is easier and safer for everyone to get around. 4.Develop Sustainable Financial Strategies: Establish both short- and long-term financial plans to support EDDA’s priority initiatives, ensuring long-term sustainability and adaptability. 5.Ensure Effective Program Administration: Oversee the efficient and professional management of EDDA’s programs and projects, ensuring that goals are met on time, within budget, and with maximum community impact. Pa g e 1 5 o f 1 2 5 7 9 Program: Marketing Pa g e 1 6 o f 1 2 5 7 10 Program: Supplementary Maintenance Standard Level of Service vs Supplementary Service Customer experience Main streets, gateways, focal points Specialty identity elements Pa g e 1 7 o f 1 2 5 7 11 Pa g e 1 8 o f 1 2 5 7 12 Project: South Broadway Public Realm Action Plan Pa g e 1 9 o f 1 2 5 7 13 Project: Little Dry Creek Park/Plaza Pa g e 2 0 o f 1 2 5 7 14 Project: Old Hampden Complete Streets Pa g e 2 1 o f 1 2 5 7 15 Project: CityCenter Activation Pa g e 2 2 o f 1 2 5 7 Englewood Downtown Plan Connection--2026 Plan Section How does the EDDA support the Downtown Plan in 2026? Economy, Jobs & Homes Business recruitment & retention Vacant space activation: CitySpark CityCenter redevelopment public financing planning Marketing & Programming Events & activations Print and e-newsletters, social media, Citizen magazine Light pole banners, holiday lights Public Space Enhancements & Placemaking South Broadway Public Realm Action Plan Little Dry Creek Plaza/Park Improvements Supplementary Maintenance Downtown Public Spaces Safety Group Mobility, Parking &Transportation Old Hampden Complete Streets Enhancements Micro-transit enhancements match funding Land Use & Urban Design City Center Redevelopment Pa g e 2 3 o f 1 2 5 7 2026 Proposed Budget Pa g e 2 4 o f 1 2 5 7 2026 Budget Enhancements Enhancement Ongoing Amount One-Time Amount Total Amount Management & Administration $3,280 $31,700 $34,980 Marketing & Programming $17,150 $4,000 $21,150 Supplementary Maintenance $15,272 $0 $15,272 Mobility & Transportation $0 $8,250 $8,250 Public Space Enhancements $0 $1,049,150 $1,049,150 Economy, Jobs & Homes $0 $42,500 $42,500 Operations $72,150 $0 $72,150 TOTALS$ 104,572 $ 1,138,880 $1,243,452 Pa g e 2 5 o f 1 2 5 7 2026 Shared Funding Investments Category Department Amount Public Space Enhancements • Little Dry Creek Park/Plaza Enhancements Parks $ 600,500 ($1.4M in 2027) Mobility & Transportation •Old Hampden Complete Streets Enhancements •Micro transit enhancements Public Works Comm Dev $1,100,000 $30,000 TOTAL $1,730,500 Pa g e 2 6 o f 1 2 5 7 Future Year Considerations •Project costs will increase as projects move from planning to construction •2026: Old Hampden Complete Streets, Little Dry Creek Park/Plaza •2027: Little Dry Creek Park/Plaza, South Broadway Public Realm •TBD: City Center redevelopment, Englewood Parkway, Little Dry Creek Greenway Trail •Debt service will increase as EDDA finances priority projects •TIF clock activation Pa g e 2 7 o f 1 2 5 7 Questions? 21 Pa g e 2 8 o f 1 2 5 7