Title
A RESOLUTION ADOPTING THE BUDGET FOR THE CITY OF COMMERCE CITY, COLORADO FOR THE YEAR 2025 AND PROVIDING FOR 2024 COMMERCE CITY TAX LEVY
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Summary and Background Information:
The City's 2025 Proposed Budget was made available to City Council and the public on Friday, October 11, 2024, in advance of the public hearing opening on October 21, 2024. The public hearing will be continued to November 4, 2024, to allow additional time for public comment. At the end of the public hearing on November 4, 2024, it is anticipated that the 2025 Proposed Budget will be adopted by City Council.
The 2025 Proposed Budget includes additional adds requested by City Council during the September 9, 2024 Budget Workshop related to Core City Programs, Safe Streets Initiative, Pavement Management, Concrete Flatwork, and Crack Repair. The 2025 City Budget is balanced as required by law.
Please see the following attachments for additional detail:
· 2025 Budget Presentation
· 2025 Draft Budget Book
· 2025 Budget Resolution
In accordance with Section 12.2. - Budget proposal and message of the City Charter, a variety of information was presented and reviewed with City Council on the following dates:
· 7/22/24 - Capital Investment Program Updates & Draft CIP
· 8/5/24 - Preliminary Budget Study Session #1
· 8/12/24 - Preliminary Budget Study Session #2
· 9/9/24 - Budget Workshop
Section 12.2. - Budget proposal and message.
(a) No later than forty-five (45) days prior to any date required by state law for certification to the county of the ad valorem tax levy for the ensuing year, the city manager shall prepare and submit to the council a recommended budget for the next fiscal year and shall include therein at least the following information:
(1) Detailed estimates, with his supporting explanations, of all proposed expenditures for each department, office and agency of the city, including the municipal court and council.
· Details regarding preliminary expenditure estimates (uses o...
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