Loading...
Item 5C - 2022 Recommended Budget PresentationCity of Boulder Finance Department 2022 Recommended Budget Second Reading Nuria Rivera-Vandermyde, City Manager Cheryl Pattelli, Chief Financial Officer Kara Skinner, Assistant Director of Finance Mark Woulf, Senior Budget Manager City of Boulder Finance Department 2 Agenda •Summary of 2022 Recommended Budget •Recap of 2022 Budget Themes & Capital Improvement Plan •Questions •Motion Language City of Boulder Finance Department 2022 Recommended Budget (excluding Transfers & Internal Service Funds) 3 Total Budget $462,518,802 Operating Budget $300,093,670 General Fund $134,145,347 Dedicated Funds $165,948,323 Capital Budget $162,425,132 Governmental Capital Fund $11,986,176 Dedicated Funds $150,438,956 City of Boulder Finance Department Operating Budget Changes by Department 2021 Approved – 2022 Recommended 4 Department $ Change % Change 2019 Actual - 2022 Budget % Change* City Attorney's Office $ 433,322 12.4%1.4% City Council 52,784 12.9%26.8% City Manager's Office 533,430 18.3%12.0% Climate Initiatives 615,314 10.7%-10.8% Communication & Engagement 367,552 14.4%3.8% Community Vitality 606,455 5.9%3.6% Facilities & Fleet 349,804 3.1%-0.1% Finance**666,493 12.6%5.0% Fire-Rescue 2,086,380 10.2%1.5% Housing & Human Services 2,779,373 13.9%-14.2% Human Resources***499,455 15.6%2.5% Innovation & Technology***686,188 6.6%4.3% Library & Arts 1,619,427 17.7%2.8% Municipal Court 168,726 8.2%2.8% Open Space & Mountain Parks 1,780,089 7.5%0.2% Parks & Recreation 2,826,861 13.5%1.7% Planning & Development Services 1,170,477 9.0%0.1% Police 3,535,632 9.6%2.6% Transportation & Mobility 2,674,062 13.6%1.3% Utilities***5,861,042 11.9%2.1% *Compound Annual Growth Rate **Net of self-insurance funds ***Adjusted to reflect net of HR budget transferred to IT (during 2021) and Citywide (for 2022) **** Includes 2022 $5.5M increase to debt service Pre- pandemic to 2022 City of Boulder Finance Department Theme Highlights Recommended Budget Restoration of Services •Community Engagement •Human Services Fund •Library Hours and Services •Cultural Arts Grants •Open Space & Mountain Parks Maintenance •Parks Maintenance •Recreation Hours and Services •HOP Service $9,410,000 Innovation & Service Excellence •Equity Programming and Support •Advanced Life Support •Eviction Protection Implementation •Substance Abuse Programming •Parks Maintenance & Recreation Operations $8,175,000 Investment in Employees •Added Staffing Capacity •Restoration of Merit Pay $3,300,000 (in addition to staffing increases above) Capital Improvements •Major Water, Wastewater, Stormwater Projects •Alpine Balsam Flood Mitigation •North Boulder Library •Soil Health Projects •Multi-Modal Enhancements $162,425,132 2022 Recommended Budget –Major Themes 5 City of Boulder Finance Department Questions 6 City of Boulder Finance Department •Motion to adopt: -Ordinance 8505 adopting the 2022 Budget -Ordinance 8506 establishing the property tax mill levy for 2021 to be collected in 2022 -Ordinance 8507 appropriating the 2022 Budget -Ordinance 8508 changing certain fees Suggested Motion Language 7