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Wheat Ridge council adopts $95.6M 2025 budget, establishes 2J bond fund
Summary
The Wheat Ridge City Council unanimously adopted Resolution 48-2024 to approve a $95.6 million 2025 budget across all funds, establish the 2J bond fund for capital projects and pause short-term rental transfers to the housing fund for 2024–25 while guardrails are developed.
Wheat Ridge, Colo. — The Wheat Ridge City Council on Nov. 25 unanimously approved the city’s 2025 budget and related amendments, adopting Resolution 48‑2024 after a public hearing.
City staff told the council the total appropriation across all funds is about $95.6 million for 2025, with roughly $39–$39.4 million earmarked for capital projects spread across the capital improvement program, Renewal Wheat Ridge bond projects and the new 2J fund. The proposed general fund for 2025 is $48.7 million, and staff said the budget is structured to meet the council’s minimum unrestricted fund-balance policy of 17 percent.
Staff said the budget is driven largely…
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