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Council adopts Ordinance 3 (Series 2025), a $56.1 million spring supplemental spending plan
Summary
On second reading the Aspen City Council adopted Ordinance 3 (Series 2025), the spring supplemental budget that adds $56.1 million in authority including $48.3 million in carryforwards and $2.6 million in new requests, with staff noting pre‑audit adjustments and revenue updates.
Matt Grama, the city's budget manager, presented the second reading of Ordinance 3 (Series 2025), the spring supplemental spending plan. He told the council the supplemental requests $56,100,000 in additional budget authority over the adopted budget, including $48,300,000 in one‑time capital carryforwards, $2,600,000 in new requests, $1,500,000 in technical adjustments and $3,400,000 in departmental and central savings.
Grama said pre‑audit opening balance adjustments (about $2.6 million) — primarily the city share of county sales tax into the general fund — were added since first reading and that the revised 2025 ending fund balance is projected at $325,400,000, a net increase of $31,800,000 (about 10.8%) over the original projection. He recommended approval at second reading. A councilor asked questions about housing asset stewardship in parallel with budget choices; staff answered those operational questions and said the city will continue exploring public‑private approaches for some properties.
A councilor moved to pass Ordinance 3 on second reading, the motion was seconded, the council took a roll call vote and approved the ordinance.
