Denver Legistar banner



File #: 19-0084    Version: 1
Type: Bill Status: Passed
File created: 1/28/2019 In control: Finance & Governance Committee
On agenda: 3/4/2019 Final action: 3/4/2019
Title: A bill for an ordinance establishing a new fund in the General Government Special Revenue Fund Series for the "College Affordability" Fund and appropriating budget for the fund in 2019. Establishes the College Affordability Special Revenue Fund and appropriates $11,844,613 to the fund for fiscal year 2019 as part of a voter-approved ballot measure, for programs that increase college enrollment and degree completion by Denver residents who are earning a degree from a public or not-for-profit college, university, community college, or technical school in Colorado. The Committee approved filing this item at its meeting on 2-12-19.
Indexes: Jonathan Griffin
Attachments: 1. BR19 0084 DOF College Affordability Fund.pdf, 2. SRFs for Voter-Approved Programs_For City Council, 3. CB19-0084_DOF_College Affordability_SRF, 4. 19-0084_Filed Bill DOF_College Affordability_SRF.pdf, 5. 19-0084 - signed.pdf, 6. 19-0084 Filed For an ordinance establishing a new fund in the General Government Special
Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted: 1-29-19

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Rachel Bardin
Email: Rachel.Bardin@denvergov.org

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 establishing a new fund in the General Government Special Revenue Fund Series for the "College Affordability" Fund and appropriating budget for the fund in 2019.
Establishes the College Affordability Special Revenue Fund and appropriates $11,844,613 to the fund for fiscal year 2019 as part of a voter-approved ballot measure, for programs that increase college enrollment and degree completion by Denver residents who are earning a degree from a public or not-for-profit college, university, community college, or technical school in Colorado. The Committee approved filing this item at its meeting on 2-12-19.
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.
In November 2018, Denver voters approved Initiated Ordinance Number 300, which increased the sales tax rate by 0.08% starting January 1, 2019 through December 31, 2030 to fund programs that increase college enrollment and degree completion by Denver residents who are earning a degree from a public or not-for-profit college, university, community college...

Click here for full text