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Council approves first 2025 budget amendment; staff to carry forward $64 million for multiyear capital projects and add utility‑assistance program funds
Summary
Council approved the first amendment to the 2025 budget, carrying forward roughly $64 million for preapproved multiyear capital projects, adding grant appropriations, a $8.4 million Miller property acquisition and a $2.1 million enterprise adjustment to fund a utility rate assistance program and related credits and rebates.
The City and County of Broomfield voted March 11 to adopt the first amendment to its 2025 budget, a staff‑driven package that carries forward unspent, previously approved multiyear capital project budgets and adds several grants and program appropriations.
Budget Manager Nathan Mosley told council the amendment recommends carrying forward about $64,000,000 tied to roughly 75 continuing projects, including Uptown roadway improvements, the Bay renovation phase 4 and the Broomfield Heights pedestrian and stormwater project (the latter funded with ARPA dollars). "Carry forward of those budgets so they can be utilized in 2025 for these ongoing projects" was the stated rationale.
The amendment also includes several new items: previously unbudgeted grant revenues and expenses; $400,000 for Broomfield Housing Authority support (per a December 2024 resolution); and $8,400,000 to acquire the Miller property, largely paid for from public land dedication reserves.
Nut graf: Council adopted the amendment to avoid disrupting multiyear capital work and to add new program funding that came to the city after the October 2024 budget adoption. Mosley said staff will continue to prioritize internal realignment and will bring further adjustments in October as needed.
Enterprise fund adjustments in the amendment fund a new utility rate assistance program (URAF). Mosley told council the URAF ledger includes an estimated $1.5 million in bill credits (unrealized revenue offset on bills), about $500,000 in direct rebates for residents in master‑metered housing, and $128,000 for program administration (two limited‑term staff).
The council adopted Resolution 2025‑44 authorizing the budget amendment; the vote passed unanimously. Mosley said staff will return with an enterprise update April 15 that includes year‑end 2024 results and preliminary 2026 budget development.
