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L <br />qty , 't CITY COUNCIL COMMUNICATION <br />Louisville AGENDA ITEM 11 <br />COLORA [k) • S IN't: N <br />SUBJECT: <br />CITY MANAGER'S PROPOSED 2014 BUDGET AND 2014 -2018 <br />CAPITAL IMPROVEMENTS PLAN (CIP) <br />DATE: OCTOBER 8, 2013 <br />PRESENTED BY: MALCOLM FLEMING, CITY MANAGER <br />SUMMARY: <br />The City Council had its first preview of the proposed 2014 Budget during the October <br />1, 2013 City Council meeting. During that meeting Council asked for more detail <br />regarding transfers between funds and how funds are allocated for flood efforts. That <br />information is included below; the first table summarizes the expenditures and revenue <br />associated with the three new C -I -P entries added for flood reconstruction. <br />City of Louisville, Colorado <br />Schedule of Flood Reconstruction Projects from 2014 -2018 C -f -P <br />2014 Recommended Budget <br />Project Project fnsur IBM FHWA Other Net Project <br />Description Cost Reimb Grant Grant Grants Cost <br />Trails Reconstruction Prc,E.cts 1,000 000 760 000 250 000 <br />Pubic Works Reconstruction Projects 1.00.000 750 000 250 000 <br />Golf Course Reconstruction 5.500_000 _ 4,_875 000 1 525 000 <br />Totals 8,500.000 - 5,625,000 750,000 2.125.000 <br />The next two tables summarize the transfers between funds. The first table contains <br />the interfund transfers proposed for 2014 in the Recommended Budget. The second <br />table contains a five year accumulation of transfers projected in the Long -Term <br />Financial Plan, from 2014 through 2018. <br />CITY COUNCIL COMMUNICATION <br />2 <br />