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2020 CIP and Operational Impacts <br />2020 CIP and operational highlights include: <br />• $15,750 reduction due to cancellation of Boulder County Youth Corp program <br />• $76,060 reduction in variable salaries <br />• $10,000 reduction in professional services (Open Space Acquisitions) <br />• $4,540 reduction in education and outreach <br />• $216,000 reduction due to postponement of Cottonwood Park master planning <br />• $35,000 reduction due to the postponement of Warembourg Pond master planning <br />• $240,000 reduction due to postponement of signage projects <br />• $275,000 reduction due to the cancellation of the median project <br />2021 -22 Budget Process Update <br />Staff recently met with City Council during two scheduled meetings (Tuesday September 151h <br />and 22nd ) to answer questions and receive feedback from the council related to both <br />operational and capital improvement budget requests. <br />The following CIP requests related to Open Space were included in the City Managers proposed <br />budget: <br />• 1041h trail connection (2021/22) <br />• Russian Olive removal (2021) <br />• Open Space Equipment replacement (2021/2022) <br />• Retaining Wall Replacement (2021) <br />• Warembourg Pond Improvements (2024/2025) <br />• Soft Surface Trail Maintenance (2021-2026) <br />• Signage (2021-2022) <br />• Prairie Dog Policy and Management Plan (2023) <br />• Bench Replacement (2026) <br />Based on Feedback from City Council the only CIP that was asked to be removed was the <br />request for the updated Prairie Dog Policy and Management Plan. Council provided direction for <br />staff to look into alternatives to using a consultant for updating the plan and bring back <br />alternatives as part of the 2022 biennial budget process. <br />Upcoming dates related to 2021-22 budget adoption include October 20, 2020 which will be <br />Budget Public Hearing. There is a special meeting scheduled for October 27 to discuss and <br />receive final feedback on the budget. The budget is scheduled for formal adoption on <br />November 17. <br />Next Steps <br />Staff will continue to monitor expenditures to ensure we stay within current 2020 allocations. <br />Staff will also continue to work with the Finance Department and CIVIC) to finalize the 2021/22 <br />budget and provide updates to OSAB as needed. <br />Link: September 22nd Council Budget Packet <br />https://www.louisvilleco.gov/Home/ShowDocument?id=28533 <br />• Page 2 <br />11 <br />