Finance Item/Grant Request Template
Date Submitted: 12-20-21
Requesting Agency: Department of Transportation and Infrastructure
Division:
Subject Matter Expert Name:
Name: Kathryn Mortensen
Email: Kathryn.Mortensen@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 to amend Ordinance No. 406, Series of 2013, to change the budget basis of the "Composting" Special Revenue Fund to better align the budget with received program revenue.
Amends Ordinance 406, Series of 2013, to change the budget basis of the Composting Special Revenue Fund from appropriated to revenue-based to align the budget with program revenue received. The Committee approved filing this item at its meeting on 12-28-21.
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.
Ordinance No. 406, Series of 2013, established the Composting Special Revenue Fund to collect revenue and handle other financial transactions related to the Composting Program. This Ordinance also established that the Fund would be appropriated, and the Fund's annual budget would be established in the Annual Appropriation Ordinance. The primary revenue to this Fund is the fee revenue from the Composting Program, which has grown significantly since the program's inc...
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