Downtown Alley Plan, annual Town financial audit top Town Council’s June 21 meeting agenda

A plan to activate Downtown’s alleys into spaces for safe walking and biking that are also functional for adjacent businesses and the annual audit of the Town’s finances will be topics on Town Council’s June 21 meeting agenda. View the full agenda online.

Here is a closer look:

Downtown Alley Plan – Town Council will consider a resolution to approve the 2022 Downtown Alley Plan. The plan aims to improve pedestrian and bicycle mobility in Downtown alleys while providing opportunities for businesses to expand outdoor dining and other opportunities.

The plan was primarily funded by a grant from the Denver Regional Council of Governments. Extensive public input was collected during the planning process, which started last year.

The plan includes a pavement design that’s welcoming to pedestrians and bikes as well as identifies opportunities for street furnishings, public art, increased lighting and overall aesthetics within alleys Downtown. Funding to implement the plan has not been identified; Town staff will be seeking grants, partnerships and other potential sources of funds to bring the plan to life.

Learn more at CRgov.com/DowntownAlleys.

Town financial audit – State law and the Town Charter require an annual independent audit of the Town’s financial statements by certified public accountants. The goal is to ensure the Town’s financial documents are appropriately stated.

FORVIS has completed its audit of the Town’s 2021 financials and has issued a clean opinion on them. Once finalized next week, the full audit and an abbreviated version for the public will be posted at CRgov.com/FinancialReports.

To summarize briefly, the Town’s financial position remained strong in 2021. Sales taxes provided 38% of the revenue toward governmental services including fire, police and roads, while property tax provided only 1% of associated revenue. User charges, grants and other contributions comprised another 46% of the funding for those services. Of the 406 positions funded in these areas, 53% provide fire or police services.

The Town’s debt decreased by $6.3 million, or 6%, in 2021. The Town has no general obligation (tax-supported) debt, and its credit rating remains strong.

Stay tuned

Town Council generally meets twice a month to make decisions that impact the community. Whether it’s a road project, construction contract or budget amendment, Town Council is working to represent you.

Wondering what happens next? Keep an eye on your inbox. A follow-up email will be sent detailing the outcomes of this meeting.

This will be a hybrid meeting, with both virtual and in-person attendance options available. Those planning to participate virtually are requested to visit CRgov.com/CouncilComments by 1 p.m. Tuesday, June 21, to provide written feedback, or to sign up to speak during the meeting by phone or web. Public comment may also be provided live in person and online during the meeting, which will be accessible virtually at CRgov.com/CouncilMeeting.

Questions? Email Council.

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