Council approves budget supplemental; finance director reports strong preliminary 2024 results

Centennial City Council on April 1 approved a supplemental appropriation to amend the 2025 budget for the street, open space and conservation trust funds and heard a high‑level update on the city’s preliminary 2024 financial statements.

Resolution 2025‑R‑13: Council voted 8‑0 to approve Resolution 2025‑R‑13 after Finance Director Jeff Cadiz outlined line‑by‑line appropriations. The supplemental increases street fund revenues by $2,087,000 (including $1,907,000 in intergovernmental reimbursements and a $180,000 reimbursement from Southgate Metropolitan District for Alton Court streetlights). The street fund expenditure requests total $4,094,700 across seven items, including $70,950 for roadway professional services, $1,900,000 for the street rehabilitation program (to be reimbursed by partners), $350,000 for major structures (bridge rail and guardrail…