City and County of Denver - File #: 23-0549

• File #: 23-0549
• Version: 1
• Type: Bill
• Status: Passed
• File created: 5/1/2023
• In control: Finance & Governance Committee
• On agenda: 5/22/2023
• Final action: 6/6/2023
• Title: A bill for an ordinance authorizing an appropriation in the General Fund to make a cash transfer to and appropriation in Affordable Housing Property Tax and Other Local Revenue Fund. Authorizes an appropriation of $3,783,756 in the General Fund to make a cash transfer to the Affordable Housing Property Tax and Other Local Revenue Fund and authorizes an appropriation in the Affordable Housing Property Tax and Other Local Revenue Fund reflecting the cash transfer to support emergency rental assistance programs administered by the Department of Housing Stability. The Committee approved filing this item at its meeting on 5-9-2023.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
6/6/2023	1	Mayor	signed
6/5/2023	1	Council President	signed
6/5/2023	1	City Council	placed upon final consideration and do pass	Pass
5/22/2023	1	City Council	ordered published
5/9/2023	1	Finance & Governance Committee	approved for filing	Pass

Finance Item/Grant Request Template

Date Submitted: 5-1-2023

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Rachel Bardin / Kelly Greunke
Email Address: rachel.bardin@denvergov.org / Kelly.greunke@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 authorizing an appropriation in the General Fund to make a cash transfer to and appropriation in Affordable Housing Property Tax and Other Local Revenue Fund.
Authorizes an appropriation of $3,783,756 in the General Fund to make a cash transfer to the Affordable Housing Property Tax and Other Local Revenue Fund and authorizes an appropriation in the Affordable Housing Property Tax and Other Local Revenue Fund reflecting the cash transfer to support emergency rental assistance programs administered by the Department of Housing Stability. The Committee approved filing this item at its meeting on 5-9-2023.
body

Affected Council District(s) or citywide?

Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
Resolution 1579, series of 2022 approved the City's 2022 mill levies for property taxes payable in 2023. These approved mill levies included the restoration of 0.249 credited mills to enable property tax growth under the authorization of the voter-approved 2A growth limitation. A total of 0.249 mills were restored to eliminate the estimated property tax revenue reducti...