Finance Item/Grant Request Template
Date Submitted: 6-6-2022
Requesting Agency: Department of Finance
Division:
Subject Matter Expert Name: Kiki Turner/ Nikki McCabe
Email Address: Kiki.Turner@denvergov.org <mailto:Kiki.Turner@denvergov.org>; Nikki.Mccabe@denvergov.org <mailto:Nikki.Mccabe@denvergov.org>
Phone Number:
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A bill for an ordinance making an appropriation in and a rescission from General Fund Contingency to make an appropriation for a cash transfer from the General Fund to the General Government Special Revenue Fund; and making appropriations in and a cash transfer from the Transportation and Mobility Fund and appropriations in the Capital Improvements and Capital Maintenances Fund.
Approves an appropriation in the General Fund to make a cash transfer to the Transportation and Mobility Special Revenue Fund and a cash transfer from the Transportation and Mobility Special Revenue Fund to the Transportation and Mobility Capital projects Fund. The last regularly scheduled Council meeting within the 30-day review period is on 7-18-22. The Committee approved filing this item at its meeting on 6-14-22.
body
Affected Council District(s) or citywide? Citywide
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
In 2021, as part of the 2022 budget, the City created the Transportation and Mobility Fund (11882). This Fund provides dedicated support for transportation and mobility programs and projects. It is funded by a General Fund transfer made possible by an increase
in parking meter fees. The incremental increase in parking meter fees for 2022 is $9.5 million, with $9.2 million transferred to the Transportation and Mobility Capital Fund (34801) to support transportation and mobility projects. (This is included in the 2022 Budget and Long Bill).
In spring of 2022, the Presiding Judge approved an increase in parking fines. This additional incremental increase will also be transferred from the General Fund into the City’s Transportation and Mobility Fund (11882). This ordinance requests the transfer and appropriation of the $6.4 million of revenue associated with the increase in parking fines from the General Fund to Fund 11882, as well as the transfer and appropriation of $5.29 million from Fund 11882 to Fund 34801 to support capital projects.
This ordinance request seeks to make appropriations in Fund 34801, as follows:
Fund Org Project Project Name Amount
34801 - 5000000 - PS006 Denver Moves Transit Implementation $1,500,000
34801 - 5000000 - PQ015 Vision Zero Implementation $880,000
34801 - 5000000 - PR002 Sidewalk Gaps and Safety Repair $600,000
34801 - 5000000 - PS011 Pedestrian Crossing Improvements $400,000
34801 - 5000000 - PO008 Denver Moves Bicycles Implementation $1,200,00
34801 - 5000000 - PJ100 Gateway Regional Infrastructure $510,000
34801 - 5000000 - PZ033 Emergency Infrastructure Repairs (Orphan Assets) $200,000
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Amount:
Budget Year:
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: