City and County of Denver - File #: 22-1442

• File #: 22-1442
• Version: 1
• Type: Bill
• Status: Passed
• File created: 10/31/2022
• In control: Finance & Governance Committee
• On agenda: 11/28/2022
• Final action: 11/28/2022
• Title: A bill for an ordinance to amend Ordinance 1289, Series of 2021, to authorize aligning current year appropriations in the fund with the actual revenue received in the prior year and to change the program name to the "Malone Fund". Amends Ordinance No. 1289, Series of 2021, for the "Small Business Investment" Special Revenue Fund to update language to ensure the appropriation can be adjusted to reflect revenue received in the prior year, and to change the name of the Special Revenue Fund to the "Malone Fund". The Committee approved filing this item at its meeting on 11-8-2022.
• Indexes: Lucas Palmisano

Date	Ver.	Action By	Action	Result
11/29/2022	1	Mayor	signed
11/28/2022	1	Council President	signed
11/28/2022	1	City Council	placed upon final consideration and do pass	Pass
11/21/2022	1	City Council	ordered published
11/8/2022	1	Finance & Governance Committee	approved by consent	Pass

Finance Item/Grant Request Template

Date Submitted: 11-7-2022

Requesting Agency: Finance
Division:

Subject Matter Expert Name: Deborah Cameron
Email Address: Deborah.Cameron@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 to amend Ordinance 1289, Series of 2021, to authorize aligning current year appropriations in the fund with the actual revenue received in the prior year and to change the program name to the "Malone Fund".
Amends Ordinance No. 1289, Series of 2021, for the "Small Business Investment" Special Revenue Fund to update language to ensure the appropriation can be adjusted to reflect revenue received in the prior year, and to change the name of the Special Revenue Fund to the "Malone Fund". The Committee approved filing this item at its meeting on 11-8-2022.
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.

The "Denver Small Business Investment" Special Revenue Fund, number 17805, in the Economic Opportunity Special Revenue Fund Series was established through Ordinance No. 1289, Series of 2021. This Fund was created to bolster small businesses located within the City and County of Denver through various investment programs, including but not limited to loans and other investment products, grants, outreach, and technical assistance. It will also support technical business assistance for Cannabis Social Equi...