City of Colorado Springs - File #: 19-387

• File #: 19-387
• Version: 3
• Type: Ordinance
• Status: Mayor's Office
• File created: 7/10/2019
• In control: City Council
• On agenda: 8/27/2019
• Final action: 8/27/2019
• Title: Ordinance No. 19-53 amending Ordinance No. 18-118 (2019 Appropriation Ordinance) for a supplemental appropriation to the General Fund up to the amount of $2,400,000 for a transfer to the Capital Improvement Program Fund, and to the Capital Improvement Program Fund up to the amount of $2,400,000 for capital transportation infrastructure projects due to additional funding from the Highway Users Tax Fund Presenter: Charae McDaniel, Chief Financial Officer Travis Easton, Public Works Director

Date	Ver.	Action By	Action	Result
8/13/2019	2	City Council	approved on first reading	Pass
7/22/2019	1	Council Work Session	referred

Title
Ordinance No. 19-53 amending Ordinance No. 18-118 (2019 Appropriation Ordinance) for a supplemental appropriation to the General Fund up to the amount of $2,400,000 for a transfer to the Capital Improvement Program Fund, and to the Capital Improvement Program Fund up to the amount of $2,400,000 for capital transportation infrastructure projects due to additional funding from the Highway Users Tax Fund

Presenter:
Charae McDaniel, Chief Financial Officer
Travis Easton, Public Works Director

Body
Summary:
The attached ordinance is a supplemental appropriation to the General Fund to transfer funds to the Capital Improvement Program (CIP) Fund, and to the CIP Fund up to the amount of $2,400,000 for capital transportation infrastructure projects. Due to SB 19-262, a one-time transfer of State General Fund dollars to the Highway Users Tax Fund (HUTF), the City of Colorado Springs will receive additional funding from HUTF as part of the municipal shareback portion of this funding. At this time the amount is estimated. We will learn the exact amount in early August, and will receive the funding by the end of September. The General Fund will transfer this amount to the CIP fund for capital transportation infrastructure projects. The following project(s) would be funded in 2019:

Peterson Air Force Base East Gate $150,000
Wooten Road over Sand Creek Bridge $1,350,000
Paseo Street Bridge $450,000
Hunter's Run Bridge $450,000

Total Projects $2,400,000

These four (4) projects are critical infrastructure needs for the City of Colorado Springs, and the work associated with Peterson Air Force Base is a critical safety project for the installation. If the amount of the HUTF funding is less than $2,400,000, the amount available for each...