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LL 1tyof_ CITY COUNCIL COMMUNICATION <br />Louisville AGENDA ITEM 4 <br />COLORADO -SINCE 1878 <br />SUBJECT: PRESENTATION — CITY MANAGER'S PROPOSED 2021-2022 <br />OPERATING & CAPITAL BUDGET, 2021-2026 CAPITAL <br />IMPROVEMENTS PLAN, AND 2021-2026 LONG-TERM <br />FINANCIAL PLAN — SET PUBLIC HEARING FOR 10/20/20 <br />DATE: SEPTEMBER 22, 2020 <br />PRESENTED BY: HEATHER BALSER, CITY MANAGER <br />KEVIN WATSON, FINANCE DIRECTOR <br />SUMMARY: <br />Please find the attached Transmittal Letter from the City Manager summarizing the 2021- <br />2022 Operating & Capital Budget, 2021-2026 Capital Improvements Plan, and 2021-2026 <br />Long -Term Financial Plan. Staff will provide a presentation and review this information <br />during the meeting. <br />In addition to the highlights summarized in the transmittal letter, some identified changes <br />since the CIP review at the July 23 budget retreat include: <br />1) Paving, provide add alts for Eisenhower and contract for Hackberry — revised CIP <br />sheet submitted. <br />2) Solar on carport - CIP sheet provided for PD carport that includes solar. City <br />Services carport not included at this juncture. <br />3) City Hall Elevator Modernization — revised CIP sheet submitted. <br />4) Rec and Senior Center HVAC out of Rec Center Fund not CIP — revised CIP <br />sheet submitted. <br />5) Windy Gap financing CIP sheet left as is - staff continues to review and may <br />change in the future. <br />6) Front Street design considerations considered — 2 CIP sheets submitted for <br />possible consideration in 2021/2022 for short and long-term improvements. <br />7) Freeze resistant water fountain - fountain at John Breaux will be fixed through <br />Facilities operational budget but will not be freeze resistant as building/heating is <br />necessary for such improvement. Freeze resistant fountain is in process at <br />Heritage Park. CIP sheets submitted for bathroom upgrade/freeze resistant <br />fountain at Cottonwood Park and Arboretum. <br />8) Move BMX project to 2024 - revised CIP sheet submitted. <br />9) Expand trail maintenance/repair sections of trail - Davidson Mesa/Hecla <br />maintenance moved to 2021/2022 and OSAB/staff will identify priorities for out <br />years. Revised CIP sheet submitted. FTE to support daily/weekly ongoing <br />maintenance added to operational budget. <br />CITY COUNCIL COMMUNICATION <br />