City of Albuquerque - File #: R-14-40

• File #: R-14-40
• Type: Resolution
• Status: Sustained
• File created: 3/17/2014
• In control: City Council
• Final action: 8/4/2014
• Title: C/S Reallocating Funds To Address Deferred Parks Maintenance (Gibson)

Date	Action By	Action	Result
8/4/2014	City Council	Sustained
6/27/2014	Mayor	Vetoed
6/19/2014	City Council	Sent to Mayor for Signature
6/9/2014	City Council	Passed as Amended	Pass
6/9/2014	City Council	Amended	Pass
5/19/2014	City Council	Accepted Without Recommendation, As Substituted
5/12/2014	Finance & Government Operations Committee	Sent to Council Without Recommendation, as substituted	Pass
5/12/2014	Finance & Government Operations Committee	Substituted	Pass
4/28/2014	Finance & Government Operations Committee	Postponed	Pass
3/17/2014	City Council	Introduced and Referred
3/17/2014	President	Referred

CITY of ALBUQUERQUE
TWENTY FIRST COUNCIL


COUNCIL BILL NO. C/S R-14-40 ENACTMENT NO.________________________

SPONSORED BY: Diane G. Gibson


RESOLUTION
title
C/S Reallocating Funds To Address Deferred Parks Maintenance (Gibson)
body
REALLOCATING FUNDS TO ADDRESS DEFERRED PARKS MAINTENANCE.
WHEREAS, $3 million in operating funds were allocated in FY14 to the Parks and Recreation Department for River Amenities, Enhancements and Bosque Restoration and Bosque Trail Development in addition to the regular budget for the Open Space Division; and
WHEREAS, those funds committed to ABQ The Plan were from the City's General Fund and therefore may be used for repair, maintenance, rehabilitation or capital purposes; and
WHEREAS, the recently-issued Five-Year Forecast expects expenditures to exceed revenues by about $6.8 million in FY14 and by $7.4 million in FY15, with the deficit increasing to $84 million by FY18; and
WHEREAS, the reduction in the food and medical hold harmless distribution from the State begins its 15-year phase out in FY/16. The first year of the reduction is expected to cost the City $2.2 million. The lost revenue from FY/16 to FY/18 is $9.8 million, and will increase unless GRT is increased to offset the loss; and
WHEREAS, the economic recovery is still tenuous in Albuquerque, as evidenced in the fact that more people left the State than moved into the State between July 2011 and July 2013, a phenomenon showing up in the state's latest economic forecast which showed the state's employment grew only 0.2 percent in the 12-month period ending November 30, 2013; and
WHEREAS, activities such as River Amenities, Enhancements and Bosque Restoration and Bosque Trail Development are not one-time expenditures, rather requiring additional maintenance funds, as underscored by the additional budget request for FY15; and
WHEREAS, the recent 2013 Audit on Parks Maintenance reported seven findings r...