Mayor Guyleen Castriotta and Mayor Pro Tem Stan Jezierski led the Broomfield City Council in a Focus Session last week to review and discuss, with city and county leadership, the financial status, current and future areas of focus, and steps to build a decision-making structure to meet financial and service obligations now and in the future.
Among the sessions featured on the agenda was a two-day discussion around financial sustainability to include a philosophical shift towards budgeting considering economic influences, current projections, and service-level expectations. View the full financial presentation here.
Key takeaways from the conversation:
- Understanding of current financial state and practices
- Understanding of available levels of funding for operational and capital spending
- Understanding the impact of decision making on future financial outcomes
As staff continues to debrief and discuss next steps with City Council, work continues to make progress on focus areas highlighted in the Broomfield.org/YearInReview.