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Council votes to eliminate Centennial’s dedicated fiber fund amid budget review
2107920 · January 7, 2025
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Summary
City finance staff recommended deleting the city’s separate enterprise-style fiber fund; council approved Ordinance 2024-0-20 after discussion, 9-0.
Centennial — The City Council approved Ordinance 2024-0-20 on Jan. 7 to remove the city’s dedicated ‘‘fiber fund’’ from the Centennial Municipal Code (section 4-8-20), collapsing fiber-related accounting into existing city funds.
Finance Director Jeff Cadiz told council the fund, created by ordinance in 2018 to segregate revenues and expenses tied to the city-owned…
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