Suzy Ageton George Karakehian KC Becker Tim ... - City of Boulder

• Valmont Butte Cleanup Program;
• Previously approved transportation related capital projects, including the Baseline
underpass, Broadway to 28 th ; and
• A new Capital Investment Fund to receive proceeds from debt issued under the authority
of Ballot Issue 2A that was approved by the voters on November 1.
A third category of supplemental appropriations is a negative appropriation, an example of which
is the city’s reduced federal grant funding in Affordable Housing.
In common usage in city meetings, the April/May and November/December budget
supplementals are also referred to as the First Adjustment to Base and Second Adjustment to
Base, respectively. The current year’s council-approved budget is the “base” in the term
Adjustment to Base or ATB.
In total, the city recommends $23.2 million in appropriations, of which $14.3 million come from
new revenues and $8.9 million come from fund balance. Most of the appropriations ($19.5
million or nearly 85 percent of the total) are in the city’s restricted funds, such as the Open
Space, Transportation, and Capital Investment Funds.
PUBLIC AND COUNCIL FEEDBACK
There were no questions following the first reading of Ordinance No. 7823. Additional
information was provided in Attachments B, C and D of Agenda Item 3C of the Nov. 15, 2011
City Council agenda packet. The packet is located at:
www.bouldercolorado.gov > Government > City Council > Council Agendas and Minutes >
2011 Agendas and Minutes > Nov. 15, 2011 Evening Agenda
or
http://www.bouldercolorado.gov/files/City%20Council/Agendas/2011/11152011/11-
15_PM_COMBINED_WITHOUT_IP.pdf
ATTACHMENT
A. Ordinance No. 7823 relating to the supplemental appropriations to the 2011 Budget
Agenda Item 3H Page 3