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

CENTRAL AREA GENERAL IMPROVEMENT DISTRICT (CAGID)
BOARD OF DIRECTORS AGENDA ITEM
MEETING DATE: December 6, 2011
AGENDA TITLE Consideration of a resolution amending the 2011 Downtown Commercial
District (DCD) Fund (formerly CAGID Fund) Budget.
PRESENTER/S
Jane S. Brautigam, City Manager
Paul J. Fetherston, Deputy City Manager
Bob Eichem, Chief Financial Officer
Eric Nickell, Budget Director
Peggy Bunzli, Budget Manager
EXECUTIVE SUMMARY
This budget supplemental resolution is the second to be presented to City Council in 2011 for the
Downtown Commercial District (DCD) Fund (formerly CAGID Fund) Budget. All
supplementals adjust only the 2011 budget and are considered “one-time” adjustments. As a
result, the item will have no direct or immediate impact on the 2012 budget, reserving the annual
budget process for consideration of ongoing budget requests so that all such requests may be
evaluated comprehensively.
A proposed resolution is provided as Attachment A to this packet. The Resolution contains two
requests for supplemental appropriations from fund balance. Detailed descriptions of the requests
are included in Attachment B. Attachment C shows the impact of this resolution on the DCD
fund balance.
Agenda Item 3I Page 1