[bouldercouncilhotline] Hotline: Response to a question raised at the April 17 City Council Meeting related to the municipalization budget.

[cmosupport at bouldercolorado.gov]

Sender: Bailey, Heather

Dear Jan,

The information provided below is in response to a question you raised at the April 17 City Council Meeting related to the municipalization budget.

Total spend through the end of 2016 on the Boulder Energy Future Municipalization Project is $10,031,792, since the approval of the Utility Occupation Tax.

$1,106,139 was from the General Fund and includes the amounts spent from the CMO contingency fund.
$8,925,653 was spent from the UOT (approximately $1 million below UOT budget collections through 2016).


2016 Expenditures

2012

2013

2014

2015

2016

Total

Energy Future Project - Actual Expenditures

1,033,762

2,512,615

1,942,452

2,021,490

2,147,073

9,657,392

$1 Million Contingency (GF) - Actual Expenditures

-

-

-

134,709

239,691

374,400

TOTAL (2012-2016)

1,033,762

2,512,615

1,942,452

2,156,199

 2,386,764

10,031,792



There is also an additional $3.4 million of staffing support from other parts of the city, such as executive support, finance, legal, etc.

The City of Boulder provides a wide range of core services and community projects on behalf of the community each year. Approximately 85 percent of city resources, including personnel and non-personnel expenditures, across the organization, focus on core services including maintenance, operations and public safety, and approximately 15 percent of city resources focus on community projects outside the delivery of core services, including the Boulder Valley Comprehensive Plan, Housing Boulder, the Civic Area Plan, the Homeless Strategy, and the Boulder Energy Future Project.

The Boulder Energy Future Project is a high-profile community project and a top priority for City Council. Resources dedicated to this project represents approximately 6 percent of city resources spent on community projects. The level of indirect staff resources contributing to the Boulder Energy Future Project is estimated at $3.4 million through 2016, and is commensurate with resources contributing to other citywide community projects.

Heather Bailey
Executive Director Energy Strategy and Electric Utility Development
[https://bouldercolorado.gov/links/fetch/32004]
O: 303-441-1923
baileyh at bouldercolorado.gov<mailto:baileyh at bouldercolorado.gov>
Boulder Energy Future
1101 Arapahoe, First Floor | Boulder, CO 80302
BoulderEnergyFuture.com<https://www.bouldercolorado.gov/>
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