City of Colorado Springs Logo
File #: 23-550    Version: Name:
Type: Ordinance Status: Mayor's Office
File created: 10/10/2023 In control: City Council
On agenda: 11/14/2023 Final action: 11/14/2023
Title: An Ordinance identifying and approving the Colorado Springs Utilities' Annual Sources of Funds for the Year Ending December 31, 2024 Presenter: Tristan Gearhart, Chief Planning and Finance Officer, Colorado Springs Utilities Travas Deal, Chief Executive Officer, Colorado Springs Utilities
Attachments: 1. 2024 Annual Budget & Sources of Funds, 2. 10-24-2023 CC 2024 Source of Funds Ordinance.pdf, 3. Signed Ordinance No. 23-59.pdf

 

Title

An Ordinance identifying and approving the Colorado Springs Utilities’ Annual Sources of Funds for the Year Ending December 31, 2024

 

  Presenter: 

Tristan Gearhart, Chief Planning and Finance Officer, Colorado Springs Utilities
Travas Deal, Chief Executive Officer, Colorado Springs Utilities

 

Body

  Summary:

Colorado Springs Utilities requests approval of Colorado Springs Utilities’ appropriation of annual Sources of Funds for the year ending December 31, 2024.

 

  Background: 

As part of the annual budget process, City Council must approve Colorado Springs Utilities’ annual Source of Funds appropriation for the following calendar year. Colorado Springs Utilities requests that City Council appropriate source of funds in the amount of $1,483,254,374 for the year ending December 31, 2024.

  Previous Council Action:

Ordinance No. 22-85 was also approved was approved by City Council on November 8, 2022, to establish Annual Sources of Funds of $1,495,135,699.

 

  Financial Implications:

Colorado Springs Utilities’ 2024 Annual Budget.

 

  City Council Appointed Board/Commission/Committee Recommendation:

N/A

 

  Stakeholder Process:

N/A

 

  Alternatives:

N/A

 

Recommended Action

  Proposed Motion:

Move approval of the proposed ordinance.

 

Summary of Ordinance Language

This Ordinance will approve the Colorado Springs Utilities’ annual Sources of Funds for for year ending December 31, 2024.



The City of Colorado Springs is committed to making its websites accessible to the widest possible audience. We are constantly working to increase the accessibility and usability of our online technology. We strive to maintain conformance to Web Content Accessibility Guidelines (WCAG) 2.1 as well as U.S. Federal Government Section 508 Guidelines. The City of Colorado Springs will be evaluating this site on a regular basis, and it will continue to evolve and improve over time as new technologies emerge. Documents created by third parties may not meet all accessibility criteria. If you experience difficulty accessing the information contained within this webpage, please contact the Office of Accessibility at 719-385-5169.