Finance Item/Grant Request Template
Date Submitted: 2-13-2023
Requesting Agency: Finance
Division: Budget Management Office
Subject Matter Expert Name: Amber Lindberg, Jina Dunn, Logan Masenthin
Email Address: alindberg@denverlibrary.org <mailto:alindberg@denverlibrary.org>; jdunn@denverlibrary.org <mailto:jdunn@denverlibrary.org>; Logan.Masenthin@denvergov.org <mailto:Logan.Masenthin@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 a rescission from and an appropriation in the “Denver Public Library” Fund, to make a cash transfer to and appropriations in the “Library Capital” Fund; and authorizing the purchase of capital equipment.
Rescinds $6,025,000 from the Denver Public Library Special Revenue Fund (15830) appropriation, authorizes an appropriation to transfer cash and makes an appropriation in the Denver Public Library Capital Projects Fund (34041), and authorizes the purchase of capital equipment items. The Committee approved filing this item at its meeting on 2-14-2023.
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 November 2022, Denver voters approved Referred Ballot Measure 2I, which increased the City’s mill levy rate by 1.5 mills starting January 1, 2023, which will be used to fund the Denver Public Library to maintain existing services and meet the increased demand for additional services. Ordinance 1596, series of 22, established the Denver Public Library Fund, Fund Number 15830, in the Culture and Recreation Series, to receive the property tax revenue from the increase in the mill levy. A companion bill request to create the Denver Public Library Capital Projects Fund (34041), within the Capital Improvements and Capital Maintenance Fund Series has also been submitted. This bill request rescinds from the Denver Public Library Special Revenue Fund (15830) and appropriates the funds to the new Denver Public Library Capital Projects Fund for deferred maintenance, life cycle sustainment improvements, and to provide supplemental funding for bond-funded library facilities.
This bill request rescinds the following Denver Public Library Special Revenue Fund:
|
Appropriation Account |
Amount Rescinded |
|
Denver Public Library Special Revenue Fund |
$ 6,025,000 |
This bill request appropriates budget in the following transfer appropriation account to transfer cash:
|
Appropriation Account |
Amount Appropriated |
|
Transfer to Capital Projects |
$ 6,025,000 |
This bill request makes the following appropriations:
|
Appropriation Account |
Project |
Amount Appropriated |
|
Library Facilities Deferred Maintenance |
GX020-01 |
$650,000 |
|
Library Facilities Life Cycle Sustainment |
GX020-02 |
$875,000 |
|
Library Bond Projects Supplemental |
GX050-02 |
$4,500,000 |
This bill authorizes the purchase of the following capital equipment out of Denver Public Library Funds for items that exceed the $50,000 threshold requiring Council authorization. Because the new funding was approved by voters after the budget process concluded, the capital equipment was not included in the annual Long Bill. DPL is working to effectively use the funds approved by voters, and those efforts include the following capital equipment items:
|
Item |
Quantity |
|
Truck |
16 |
|
Van |
1 |
|
Sedan |
3 |
|
Building Automation System |
1 |
|
Computerized Maintenance Management System (CMMS) |
1 |
|
WiFi System |
1 |
|
Network Security System |
1 |
|
Data Server Cloud |
1 |
|
Data Server |
1 |
|
SCDA Digital lab - Book scanner |
1 |
|
SCDA Digital lab - Overhead camera table and column |
1 |
|
Digital Collection Platform (DAMS) |
1 |
|
New Intranet Platform |
1 |
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Amount: $ 6,025,000
Budget Year: 2023
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: