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File #: 14-0635    Version: Name:
Type: Ordinance Status: Mayor's Office
File created: 10/7/2014 In control: City Council
On agenda: 10/28/2014 Final action: 11/10/2014
Title: Ordinance No. 14-96 identifying and accepting the annual sources of funds for Colorado Springs Utilities for the year ending December 31, 2015
Sponsors: Granicus User
Attachments: 1. 2015 Source Funds Ordinance
 
 
Title
Ordinance No. 14-96 identifying and accepting the annual sources of funds for Colorado Springs Utilities for the year ending December 31, 2015
 
Body
 From:  
Jerry Forte, P.E., Chief Executive Officer, Colorado Springs Utilities
 
 Summary:
Colorado Springs Utilities requests consideration and approval of its calendar year 2015 Annual Sources of Funds.
 
 Previous Council Action:  
Each year, City Council evaluates and approves the annual sources of funds for Colorado Springs Utilities for the following calendar year.
 
 Background:
As part of the yearly budget process, City Council must approve the annual sources of funds for Colorado Springs Utilities for the following calendar year.  The amount of money necessary to fund Colorado Springs Utilities' operation, taking into account the amounts available from other sources to meet the expenses of Colorado Springs Utilities for the ensuing year, is the sum of $1,082,682,018.   
 
  Financial Implications:
Colorado Springs Utilities 2015 Annual Budget.
 
 Board/Commission Recommendation:
N/A
 
 Stakeholder Process:
N/A
  Alternatives:
None
 
Recommended Action
 Proposed Motion:
Move approval of the proposed ordinance.
 
Ordinance Language
N/A
 



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