Fort Collins URA adds $700,000 toward 2027 stormwater work

The Fort Collins Urban Renewal Authority Board adopted its 2027 budget Oct. 22. It includes a $700,000 increase in one-time project funding intended to bring its stormwater commitment to $2.1 million.

The budget also includes $200,000 for the Neighborhood Revitalization Program. The stormwater work is part of a previously approved infrastructure project that supports the North Mason connection. It includes stormwater improvements and water-quality improvements connecting to the river.

North College’s operating costs rose with increased personnel needs, the executive director said. “We've had some inflationary pressure, as well as some added costs for property maintenance and security in particular,” the director said. The North College budget includes about $203,000 for temporary maintenance costs and an additional $250,000 for legal needs.

The adopted budget projects $10,432,503 in revenue, including $9,861,503 in property tax increment. It also projects $550,000 in sales tax increment and $21,000 in investment interest. Amended expenses are projected at $10,941,297, including $3,717,122 in operational costs and $7,224,175 in debt-service costs.

The city was preparing budget documents for City Council’s Nov. 3 consideration, the chair said. They include the total amount to be appropriated for the authority.