FINANCIAL REPORT THIRD QUARTER 2023
COMMUNITY AND ECONOMIC DEVELOPMENT INFRASTRUCTURE ORGANIZATIONAL AND SERVICE EFFECTIVENESS SAFE COMMUNITY VIBRANT COMMUNITY AND NEIGHBORHOODS
Finance Department • 8101 Ralston Road • Arvada, Colorado 80002 720-898-7120 • www.arvada.org
Contributors: Bryan Archer, Director of Finance Deb Nielson, Deputy Director of Finance Chris Kelly, Senior Budget Analyst Carolyn Ewing, Budget Analyst Rocky Sheppard, Budget Analyst Vesta Kruk, Controller Carolyn Ivey, Accounting Supervisor Natasha Galston, Grant Accountant Jenna Belec, Finance Program Coordinator Steve Milke, Bun Heng, Print Shop
Table of Contents Overview.................................................................................................................................. 3 Property Tax............................................................................................................................. 4 General Fund........................................................................................................................ 5-8 Street Maintenance Fund.................................................................................................... 9-10 Parks Fund............................................................................................................................ 11 Special Revenue Funds Tax Increment Funds.......................................................................................................... 12 Community Development................................................................................................... 13 Arvada Housing Authority................................................................................................... 14 Capital Improvements Projects Fund................................................................................. 15-16 Enterprise Funds Water Fund........................................................................................................................ 17 Wastewater Fund............................................................................................................... 18 Stormwater Fund............................................................................................................... 19 Golf Fund........................................................................................................................... 20 Solid Waste Fund............................................................................................................... 21 Internal Service Funds Insurance Fund.................................................................................................................. 22 Computer Fund.................................................................................................................. 23 Vehicle Fund...................................................................................................................... 24 Print Services Fund............................................................................................................ 25 Buildings Fund................................................................................................................... 25 3F Bond Projects.............................................................................................................. 26-27 Investment Report............................................................................................................ 28-29 Grant Information.................................................................................................................. 30 Performance Data............................................................................................................ 31-32
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OVERVIEW
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OVERVIEW
2023 Third Quarter Financial Report The Financial Report for the City of Arvada provides an unaudited overview of the major funds and how their revenues and expenditures performed in comparison to budget. This is not meant to be a complete accounting, but rather a quick look at the highlights. The broader US economy continued to “chug along” in the third quarter of 2023. Year over year Gross Domestic Product (GDP) grew at 4.9%, much higher than the 2.1% in the second quarter. Increased consumer spending and inventory adjustments have led to this increase. The Consumer Price Index, one of the numbers the Fed looks at when determining the health of the economy, increased at an annualized rate of 3.7%. This means as the consumer and businesses continue to spend, the products they are purchasing today are 3.7% more expensive, on the average, than they were last year. The more narrowly focused Personal Consumption Expenditures (PCE) price index rose at 3.4%. The PCE, also known as consumer spending, is a measure of the spending on goods and services by people of the United States. This makes up about 2/3rds of domestic spending and is a major driver of GDP. Unemployment has started to slowly rise, currently sitting at 3.9% up just a bit from last quarters 3.6%. Total unemployed number 6.5 million with over 9.6 million job openings. Armed with this information, the Feds raised rates only one time in the 3rd quarter and that was in July to the current 5.25-5.50% level. The Feds have held rates steady the last two rate meetings and are going to take a “wait and see” approach over the next few months. Their target goal of 2% inflation is still far off but the increase in unemployment and decrease in PCE are movements in the right direction. The yield curve between the 2-year and 10-year continues to be inverted and shows no signs of changing. Historically, this has been a predictor of a recession with the average time to a recession of 18 months. The curve first inverted in March of 2022, 20 months ago. Longer term rates, like the 20 and 30-year have started to creep up, flattening the overall curve. This is healthy and should help to balance short term and long-term rates. State of Colorado ended its fiscal year on June 30, 2023. Overall revenues are expected to exceed TABOR limitations by 17% or $3.5 billion dollars. The legislature along with the Controller’s office will determine how the refunds will be issued. Inflation continues to be higher in Colorado than the US, sitting at just over 5%. The increases in the service industry along with elevated housing prices have forced this number higher. Unemployment has ticked up, sitting at 3.2%. Qualified candidates are still a challenge, restricting growth in many industries. Locally, General Fund revenues are keeping pace with inflation with the overall increase for the year sitting at 5.3%. Sales tax collections have slowed down in the third quarter but are still up 4.9% year over year. The largest increases are in the Merchant Wholesalers, Internet Retailers, Cable Providers and Limited-Service Restaurants. The largest decreases are in Hardware Store, Furniture Stores and Liquor Stores. As inflations continues to cool, sales tax revenues will slow down. Auto Use and Building Use are down compared to last year. While some of this is expected, for example Building Use due to large one-time construction projects started in 2022, these are categories that will need to be monitored. Overall General Fund expenditures increased 10.2% over last year. The largest increase continues to be transfers to the Capital Improvement Fund. These transfers are to support some of our larger projects, including the new ERP system. The other large increase is related to pay and benefits. In 2022, pay was frozen until August 1 and then increased. This year, the increases happened January 1. Other expenditures are in line with budget even with the added inflationary pressure. The Streets Maintenance fund took advantage of the mild fall weather and has almost completed all of the contracts for 2023. This has included over $3.6 million dollars of concrete work, over $5 million dollars of asphalt work and over $2.2 million dollars of chip, crack, slurry and overlay work. Challenges still exist as ADA compliance and poor subgrade conditions have necessitated design changes and increased overall costs. The Parks fund completed their first full season of management of the athletic field programming. Costs have continued to trend down as revenue has increased. The team has worked on maximizing billable days and has a good handle on the operations and a sustainable plan moving forward. The golf courses and restaurants continued their torrid pace through the 3rd quarter of 2023. Rounds are up 8.2% with golf revenues up over 20.6%. Not to be outdone, the restaurants revenues are up over 24.7%. The biggest challenge continues to be staffing, requiring management to jump in and do jobs such as cart cleaning, range picking, dish washing, cooking, and serving. With milder weather expected through the 4th quarter, overall golf fund revenues should set an all-time high. One capital project is discussed on this quarter – Water Main Improvements. Please take the opportunity to read the write-up on how the Water Fund maintains the City’s potable water main network. The citizens of Arvada passed Ballot Issue 3F in November of 2018, approving a sales and use tax bond to fund the widening of Ralston Road from Yukon to Garrison and the widening and creation of an underpass on 72nd Avenue from Kipling to Ward. Please see the project detail pages (pages 26-27) in the document for detailed updates. The City’s current financial picture is strong. All major funds are meeting or exceeding their Council required fund balance reserves. Additional work on defining core services and expected service levels will take place over the next two-year budget cycle. If, and when, the pending recession hits Arvada, the city is prepared to continue 3 to provide the core services our community has come to expect.
WHRE DO YOUR PROPERTY TAX DOLLARS GO?
Overview The City’s property tax mill levy rate for 2023 was 4.31 mills. Residents paid $175.15 in City property taxes on the medium home price of $620,000.
Residents may pay additional property taxes if they live in a Metro District. These additional mill rates vary from 10 mills up to 75 mills. A Metro District is a taxing entity that exists primarily to finance public improvements and amenities that benefit property owners in the district.
For 31 straight years, Arvada has received the Tree City USA Award from the @arborday for our commitment to the City’s urban forest.
For the 3rd straight year, Arvada has received the @arborday Growth Award for higher levels of tree care and community engagement.
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GENERAL FUND
General Fund Overview The General Fund pays for the City’s basic services. This includes police, planning, transportation planning, street light maintenance and costs, building activity and general administration. In addition, the General Fund also provides for the following: • Operational support to the Parks Fund • General Debt Service payments • Transfer to the Capital Improvements Fund for new parks, transportation and other infrastructure projects • Grant support to the Arvada Center The following table provides a comparison of budgeted cash balances, revenues and expenditures to actual amounts. 2023 Budget
As of 09/30/23
$70,114,000
$70,114,000
$90,373,950
$60,641,200
$60,454,914
Property Tax
8,152,193
8,128,920
8,265,641
Interest
1,173,000
1,223,903
684,410
General Fund Beginning Fund Balance
As of 09/30/22
REVENUES Sales & Use Tax
Other Total Revenues
26,891,325
23,089,006
19,017,507
$126,590,468
$93,083,029
$88,422,472
EXPENDITURES Ongoing
$110,490,352
$69,211,988
$68,072,944
Capital
10,701,459
7,610,029
1,460,000
Debt Service
5,360,782
1,305,391
1,370,891
$126,552,593
$78,127,409
$70,903,835
37,875
14,955,620
17,518,637
$70,151,875
$85,069,620
Total Expenditures Income/(Loss) Ending Fund Balance
• • •
The 2023 beginning fund balance was $70,114,000. $3,842,062 of the fund balance is dedicated to projects not completed in 2022, one-time items and new requests. The 2023-2032 ten-year financial plan requires the use of $29,129,232 to balance. A 10-year plan was updated this summer in conjunction with the 2024 budget cycle. The current Council required fund balance reserve is $21,513,394.
70% 60%
GENERAL FUND ENDING FUND BALANCE BY QUARTER COMPARED TO FUND BALANCE GOAL OF 17% OF BUDGETED EXPENDITURES
50% 40% 30% 20% 10% 0%
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
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Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
GENERAL FUND Revenue Highlights • Overall revenues increased $4,660,557 or 5.3% over 2022. • Franchise fees saw an increase of $223,896 or 6.8% over 2022. This increase is due to increased collections from Xcel energy as energy and natural gas charges to customers increased in 2023 over 2022. • Building Use tax and building permits saw a decrease of $3,825,384 or 41.6%. In 2022 there was a permit for a large commercial project which accounts for this decrease. • Court fines and fees saw an increase of $145,092 or 21.8% over 2022. • Sales tax saw an increase of $2,346,116 and is discussed in more detail in the “Sales Tax” section. • General use tax saw an increase of $68,736 and is discussed in more detail in the “Use Tax” section. • Auto use tax saw a decrease of $22,721 and is discussed in more detail in the “Use Tax” section.
Interest, 0.9%
Sales Tax, 59.4%
Building Use Tax & Permits, 5.1%
2023 BUDGETED GENERAL FUND REVENUES
Auto Use Tax, 8.5%
Use Tax, 0.8%
Sales Tax Collections $50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $Sales Tax
09/30/2019 $34,142,451
Use Tax Building Use Tax • Building use tax decreased 47.7% for the third quarter. • This decrease is due to some large commercial projects starting in 2022. • We expect this revenue source will meet its budget for 2023. Auto Use Tax • Auto use tax decreased 0.3% for the third quarter. • We continue to see a slowdown in this area and will continue to monitor this revenue source throughout the year. General Use Tax • General use tax increased 12.3% for the third quarter. • Arvada businesses continue to reinvest.
Property Tax, 6.4%
Court Fines & Fees, 0.9%
Sales Tax • Sales tax collections lag one month; therefore, collections for the second quarter represent eight months’ collections. • Sales tax is up 4.9% for the third quarter. • The following categories are up over the same time in 2022: grocery stores 4.8%, merchant wholesalers 5.0%, internet retailers 7.2%, limited-service restaurants 21.0%, cable providers 39.5%, plumbing heating and cooling 21.9%, travel accommodations 25.6%, and local messengers 33.4%. • The following categories are down from the same time in 2022: hardware stores (2.6%), furniture stores (14.2%), wireless communications (13.4%), liquor stores (9.8%), and floor covering stores (5.6%).
Other, 14.0%
Franchise Fees, 4.0%
09/30/2020 $36,161,649
09/30/2021 $42,936,989
09/30/2022 $47,142,881
09/30/2023 $49,488,997
Use Tax Collections $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 General
09/30/2019 $633,692
09/30/2020 $453,070
09/30/2021 $609,051
09/30/2022 $529,425
09/30/2023 $598,160
Auto
$5,585,634
$4,985,702
$6,658,997
$6,770,543
$6,747,822
Building
$2,546,856
$2,893,315
$2,801,635
$6,012,066
$3,144,113
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GENERAL FUND
Property Tax • The City’s property tax rate is 4.31 mills per $1,000 of valuation. • 2023 property tax is based on the mill which is placed on the assessed valuation from 2022. • Property tax slightly decreased 1.7% from 2022 but should meet budget.
Property Tax Collections $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0
09/30/2019 $6,554,500
Property Tax
Intergovernmental Revenues • Highway Users Tax Fund (HUTF), the City’s share of statecollected gas tax revenue, has increased 6.7% for the third quarter. This tax is collected on the number of gallons of gas sold. • Road and Bridge funds, the City’s share of property tax collected by Jefferson County & Adams County and dedicated to the maintenance of roads and bridges is down 8.3% from last year.
09/30/2020 $5,656,399
09/30/2021 $7,497,547
09/30/2022 $8,265,641
09/30/2023 $8,128,920
Intergovernmental Revenues $5,000,000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jefferson County
09/30/2019 $887,111
09/30/2020 $905,461
09/30/2021 $954,214
09/30/2022 $1,099,393
09/30/2023 $1,007,898
HUTF
$3,721,368
$2,495,181
$3,084,327
$2,482,536
$2,655,608
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GENERAL FUND Expenditure Highlights
Miscellaneous 0.6%
• Overall expenditures increased $7,223,574 or 10.2% over 2022. • Transfers increased $2,878,846 or 14.7%. This is due to the timing of transfers to the Capital Improvement Fund. These transfers were made early in 2023 and later in 2022. • Personnel charges increased $3,524,639 or 12.0% as team members received a 3.0% pay increase January 1, 2023, along with an additional 38 FTE’s approved in the 2023 budget. • Services and charges increased $1,536,282 or 17.8% from 2022. This is due to increases in training, dues and subscriptions and contract services. • Supplies and expenses saw an increase of $533,132 or 8.8% over 2022. This is primarily due to contributions to the computer replacement and maintenance fund to support additional costs associated with technology.
Transfers 27.1%
Personnel, 44.4%
2023 BUDGETED GENERAL FUND EXPENDITURES Debt Service 4.1%
Contracts 4.7%
Supplies and Expenses, 7.2%
Services and Charges, 11.9%
Salary and Benefit 2023 Budget
As of 09/30/23
As of 09/30/22
Salaries & Wages
$44,656,318
$23,255,847
$20,356,840
Vacancy Savings
(2,262,434)
-
-
857,155
900,789
845,169
Group Insurance
7,740,561
4,277,043
3,996,887
Retirement
4,988,662
3,173,910
2,856,246
Medicare
659,148
403,530
359,020
Temporary Wages & SS
326,991
215,514
348,501
Other
895,781
542,674
478,961
Total
$57,862,182
$32,769,307
$29,241,624
Salary & Benefits
Overtime
• Personnel costs increased due to a large number of new positions in 2023 and a mid-year pay adjustment in 2022. The 2023 pay plan included 38 new positions. The City increased employee’s pay midway through the 3rd quarter last year to accommodate for unusually high inflation, not yet fully accounted for in the year-to-date cost amounts.
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STREET MAINTENANCE FUND Street Maintenance Fund Overview The Pavement Management - Street Maintenance Fund accounts for costs associated with street maintenance, repair and replacement planned by the Pavement Management Program including: ADA curb ramp compliance, concrete replacement, crack sealing, hot chip, cape and slurry sealing, reconstruction, milling and overlay. Revenues are derived from the City’s General Fund and the Highway Users Tax Fund which is the City’s share of state-collected gas tax revenue.
Street Maintenance Fund
2023 Budget
Beginning Fund Balance
$388,000
Revenue Highlights
Total Revenues
• Revenues consist of a transfer from the General Fund and street degradation fees.
Expenditure Highlights • The 2023 Pavement Management Program map includes proposed areas to be addressed is attached hereto and incorporated herein by reference. The map identifies areas proposed to be addressed in 2023 with compliant ADA curb ramps, concrete replacement, mill and overlay, hot chip seal, slurry seal, cape seal and crack seal.
As of 09/30/23
As of 09/30/22
$388,000
REVENUES Project Cost Recovered General Fund Transfer Other
$11,954,121
-
$225,111 $9,003,091
$10,962,223
$120,000
$(410)
199,681
$12,074,121
$9,227,791
$11,161,904
EXPENDITURES Asphalt Replacement
$5,803,930
$3,742,414
$2,954,484
Concrete Replacement
3,897,328
2,218,430
$3,067,510
Crack Sealing
1,500,000
1,210,870
$599,432
Other
1,292,860
575,126
$597,809
$12,494,118
$7,746,840
$7,219,235
Income/(Loss)
(419,997)
1,480,951
3,942,669
Ending Fund Balance
$(31,997)
$1,868,951
Total Expenditures
The 2023 Pavement Management Program (PMP) had four active contractors in the third quarter. See summaries below: ADA Curb Ramp and Concrete Replacement Program Summary: • One (1) concrete contract • Contractors – Triple M Construction • Percent Complete – 94% Pavement Maintenance 2023 Mill and Overlay Summary: • Three (3) Asphalt Contracts • Asphalt Specialties (2 Contracts) • Asphalt Paving Company (1 Contract) • Percent Complete – 90% Pavement Maintenance 2023 Hot Chip, Slurry Seal and Crack Seal Summary: • One (1) Contract - Hot Chip, Chip Seal, Slurry Seal, Mastic and Crack Seal • One (1) Contractor – A-1 Chipseal • Percent Complete – 85%
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STREET MAINTENANCE FUND Pavement Management Program Financial Summary Current Contracts: Concrete Contracts • Budget Amount – $3,653,425 • Billing to date – $3,441,589 • Budget Balance Remaining- $211,836 Asphalt - Mill and Overlay • Budget Amount – $5,096,949 E • Billing to date – $4,894,754 • Budget Balance Remaining- $202,195 Asphalt Mill and SMA Overlay • Budget Amount -- $669,209 • Billing to Date -- $279,266 • Budget Balance Remaining -- $389,943 Chip, Crack and Slurry Seal • Budget Amount – $1,500,000 • Billed to Date - $1,274,600 • Budget Balance Remaining – $225,400 Note: Financial Summary includes active contracts as of the end of the Third Quarter. It does not include costs for material testing/materials or other expenses. 04 - Pavement Maintenance Fund Total Completed • $9,890,211 Budget Balance Remaining • $1,029,371 Note: 04 – Pavement Maintenance Fund Summary includes costs and balance as it relates to active contracts as of the end of the Third Quarter. DE IN
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CT.
.
DR
CT .
SAULSBU RY
UPHAM S T.
V A NC E S T .
UP HA M
WEBSTER S T.
CT. ST.
UP HA M
CR . TELLER
AM
PH
U
WAY
69TH DR.
PL.
W.
TH
66
AVE.
K E ND A L L
YU KON ST.
ST.
YU KON
ST.
JA
QU AY
PIERCE CT. CT. OT I S
TH
76
REED
QUA Y
CT.
ST.
WY.
83
CT.
ZEPH YR
ALLISON
CT.
W
OW ST.
YR
RO
RR
ZE PH
YA
YA R
ST.
ST.
CR.
A MM O N S
YU KON CT.
REE D
CT .
CT.
UP H AM CT. SA BU UL RY S-
PL.
WEBSTER
YA RRO W
CR.
D R.
W Y.
ALLISON PL.
V A NC E
(CSH 121)
N
R
VA
ST E
KO CT N .
YU
W AY
CE
ALLISON WY.
CT.
W EB
RY
ALLISO N
S T.
CR.
TELLER
V A NC E
S A U L S BU
ST.
ST.
WA D S WO R T H B L V D .
WEBSTER ST.
UP HA M ST.
V A NC E
Y
CR .
ST.
CT.
REED CT.
ZEPHY R
ST.
ST.
ST.
ST.
SAULSBU RY
TELLER
ST.
WEBSTER
V A NC E
ST.
BREN TWOO D CT. BREN TWOO D ST.
BALSAM
AMMONS
ALLISON
ST.
ST.
WEBSTER
ALLISON ST.
YARRO W ST.
ZEPH YR
UP HA M
ST.
ST.
S AULSBU RY ST.
CT .
S C HNE I D E R
ST.
ST.
ST.
TELLER
UP HA M
SAULSBU RY
ZEPH YR ST.
ALLISON ST.
BALSAM
AMM ONS
YARRO W ST.
YU KON
ST.
YU KON
ST.
CT.
YA RRO W ST.
YU KON
Z EPH YR ST.
AS S
SAULSBU RY ST.
BY P
BALSAM ST.
ALLISON
AMM ONS D R.
WAD SWO RTH
OLD E
ST.
ST.
ST.
YA RRO W
ALLISON
AMM ONS
ST.
ST.
ST.
WEBSTER
CT.
V A NC E
BALSA M
VAN
BALSAM PL.
ST.
V OOR HI S YU KON WAY ST. YU K ON
ST.
ST.
ST.
ST.
ST.
UP H A M
ALLISON ST.
TELLER ST.
ST.
YU KON
AMMONS
YARRO W
WEBSTER
V A NC E S T .
SAULSBU RY
ZEPH YR
ST.
CT.
ST.
TH
OLD E WAD SWO RTH BLVD.
ZEPH YR CT. ZEPH YR ST. WATER TOWER P ROMEN ADE
ALLISON
BALSAM
SW OR
CT.
CT.
BREN TWOO D
C OD Y
ST. ELLEN DR. C OD Y
SAU LSBU RY
CARR ST.
Y
CO D
CT.
CR .
CA R R
D OV E R
D OV E R
ST.
CARR ST.
ST . D OV E R
ST.
BREN TWOO D BREN TWOO D CT. ST.
D OV E R
ST.
ST.
ST.
CAR R ST.
C OD Y
D OV E R
BREN TWOO D
CT.
CT.
CT.
UP HA M
BALSAM
SO N
A LLI
BREN TWOO D ST.
DR .
CT.
CT.
BREN TWOO D BREN TWOO D ST. ST. BALSAM B ALSAM
D OV E R ST. C OD Y S T.
C OD Y S T .
CAR R ST.
ST . OD Y
SAULSBU RY
CT.
D OV E R
D OV E R ST. GLEN -
ST.
ST.
D UD L E Y
ESTES
ST.
D OV E R
CT.
D OV E R
D UD L E Y
ESTES
EVERETT
ST. ESTES ST. CR .
ESTES
ST.
D OV E R
D UD L E Y
UP HA M
BREN TWOO D CT. BALSAM WY.
CR . CO CT D Y .
ESTES
CR . C OD Y
D OV E R
ESTES CR .
EST E S S T. D UD L E Y
ESTES CT. DR.
CA R R
ST.
D UD L E Y ST.
ESTES ST.
DR.
S
TE
DU DL EY
VE R
DO
DR .
ST.
EVERETT
ST.
ST. ST.
EVERETT
ST.
ES TES
D UD L E Y
CT.
ST.
ST.
ESTES
D UD L E Y
FLOWER
FIELD
ESTES
EVERETT
EVE RETT ST.
ST.
FIELD
ST.
ST.
ST.
FLOWER
CT.
FIELD
CT.
EVERETT
FLOW ER
FI ELD CT.
CR . FIELD ST.
CR . FIELD
ST FLOWER GARRISON
EVERETT ST.
WA D
CT. W
AY
D OV E R
CT.
CT. D UD L E Y
D OV E R
ESTES
C R E S T DR .
ST.
ES
ESTES
FLOWER
ST.
ST.
ST.
FIELD
FLOWER
S T.
EVERETT
FIELD
EVERETT CT.
ST.
ST.
CT.
ST.
HOL LAND ST.
GARRISON
ST.
ST.
GARLAN D
W.
70TH AVE.
69TH
AVE.
DR.
67 AVE.
W. 53RD AVE.
GRAY CT.
GARRISON ST.
W .
FLOWER ST.
ST.
FIELD
FLOWER ST.
EVERETT
HOY T
CT.
HOLLAN D CT.
ST.
ST.
IRIS
HOY T CT.
ST.
GARLAN D
CT.
ST.
INDEPENDE NCE CT. IN DEPEND ENCE
IRIS
INDEP.
GARLAN D ST.
GARLAN D
GARLA N D ST.
ST. IRIS
GARRISON
INDEPEND ENCE
CT.
HOL LAND CR .
ST.
ST.
INDEPEND ENCE
WAY
ST.
ST.
ST.
CT.
HOY T
HOY T
H OLLAN D
GARLAN D
GARRISON
PL .
S T.
S T.
GAR RISON
GARLA N D
HOYT DR.
ST.
IRIS
JELLISON
HOL LAN D
ST.
W.
GARLAN D
HOLLAN D ST.
INDEPEND E NCE
CT.
ST.
ON EAT CT.
69T H
AVE.
W. 64TH AVE.
INGALLS ST.
INDEPEND ENCE ST.
ESTES ST.
JELLISON
CT.
WY.
.
ST
EVERETT
EVERETT
FLOWER FL OWER FIELD CR.
FIELD CR .
CT.
FIELD
R FL OW E C T.
FL O
W FI ER EL D CT .
EVERET T ST.
CT.
HOY T
C W T. AY
75
ST.
ST.
IRIS
HOYT ST.
ST.
INDEPEND . ST.
HOLLAN D ST.
GARLAN D
JELLISON
IRIS
HOY T
HOY T
.
OAK CT
LEWIS
BRE WO N TOD
T.
NS
G ARRISON ST.
GARRISON
JEL LI S O
PL.
W.
WA Y
GARLAN D
WA Y
IN- . P DE T. S
S ST.
IRI
DR .
CT.
CT. GARLAN D
WAY
CT.
HOL LAND
CT. HOLLAN D
ON
IR IS CT . IR IS
ND C T.
CT.
HO L LA
HOY T
. ST
J OH NS O N CT . JOH NS O N ST. JELLIS ON CT. JELLISON ST. IRIS CT.
E
LE
GARRIS
W.
GAR R IS ON CT.
HOLLAN D
HOLLA N D
GARRISON
ST.
M BE
E N CE
ST .
CO
W
83 DR .
ND
E
MOO RE CT.
RE
NELSON CT.
NELSON D R .
M OO
ER
CR .
JOH NS ON ST. JELLISON
MI LL
CT.
CT.
KLINE
N CT . LL I SO N
AVE.
JO HN S C ON JO H N T. SO N S JE LL T. I SO
JE
MOO RE ST.
NEWMA N ST.
ST.
LEE ST.
OA K S T .
ST.
ST.
NEWMAN
ST.
ST.
ST.
ST.
MOO RE
OA K
CR .
S WI LE
ST.
. DR
ST.
NEWMAN
JOH NSON
NELSO N
MOO R E
LEWIS
LEE DRIVE
ST. JEL LJELLISON ISON ST.
N
ST.
IS O
ER CT. ST. . LEWIS CT
MIL L
K IP LIN G
KLINE
JOH NSON
CT.
ST.
LEE CT.
MILLER ST.
NELSO N ST.
S T.
ST.
IRIS CT.
LEE
WA Y
JELLISON CT.
OA K
ST .
ST.
ST.
ST.
ST.
ST.
OA K
JOH NSON
NEWCOM BE ST.
MAN
ST.
ST.
ST.
NE W
ST.
LEE
LEWIS
MILLER
NELSO N
MOO RE
ST.
WAY
OW E NS
JOH NSON
CT.
ST
.
KLINE
KIPLIN G
LEE
ST.
IRIS
OWENS ST.
CT. NE W C OM B E
NE W C OM B E
ST.
CT.
MILLER
C R.
O AK
NELSO N ST. M OO RE
O AK
IRIS CT.
ON
ST.
CT.
ST.
ST.
LI S
JE L
ST.
ST .
ST.
ST.
O W E NS
M OO R E
LE WIS
LE WIS ST.
LE E
MILLER
CT. N E W C OM B E ST.
N E W C OM B E
K LINE
N ELSO N
ST.
CT .
LEE ST.
P ARFET
ST.
ST.
OA K
NE W C OM B E
MILLER
PARFET
OW E NS
NELSO N CT.
PKW Y.
ST.
NG
OA K
TABOR
.
CR
KIP LI
CT.
ST. SIMMS CT.
TAFT ST.
C R.
U RBAN
R OUT T L N.
ST.
TABOR ST.
SWAD LEY
QUE E N
SIMMS CT.
CT.
CT.
TAFT
QU A IL CT. QU A ST I L .
TABOR
KIPLIN G ST.
S T.
LYN N
ST.
OA K
ST .
C T.
JOH NSON
SANDRA WY.
NEWCOM BE ST. ST.
OA K
NELSO N
ST.
OW E NS
OA K ST.
LEE ST.
JELLISON CT. JELLISON ST.
KIPLIN G CT.
MILLER ST.
KIPLING ST.
JOH NSON
ROBB CT.
CT.
TAF T
WY .
PAR FET
TAFT ST.
WY .
UNI ON
ST .
W 54TH DR
PARFET
R OUT T S T
CT .
ST.
ST .
UNI ON CT.
R OUT T C T
TAFT
PIERSON CT.
QUA I L
TA BOR
W .
STR EET TAFT
CSH 72)
VIVIAN ST.
ST.
XEN ON
INDEPEND ENCE WY.
RO BB QU C ST . E E N R . QU PIER SO EEN CT. N ST. PARFET CT.
OW E NS
S T.
CT.
OA K
SWAD LEYCT. 84TH LN.
SWAD LEY
TAFT ST. TABOR C T.
ST.
CT.
ST.
SIMMS
ST.
SWAD LEY
SWAD LEY CT.
TABOR CT.
QUE E N
R OUT T S T .
PIERSON CT.
S IM MS ST.
W.
TABOR ST
R OB B
PKWY.
PARF ET ST.
UR CT BAN .
ST.
FT
CT. OW E NS
TA
PIERSON WY.
OW E NS
ST.
CT .
ST .
PARFET ST.
QUA I L
PIER SON
RO U C TT RO T. BB
ST . QU EE
N
C RO T. BB
PA RF ET C OWT. EN S
Q
TAF T
ST.
RO WY BB .
IL
UA
ROUTT ST. ST . R OB B
ST.
QUE E N
UR B A N DR . UNI ON CT.
TABOR ST.
QUAIL
P ARFE T
S T.
ST.
UNI ON
CT.
PAR FET CT.
ST.
R OB B S T .
R OUT T
UN IO N
W Y.
PIERSON CT. PIERSON ST.
SIMMS ST.
SWAD LEY
CR .
QUE E N QUE E N S T .
TA FT ST .
QUA I L
FE T
CT.
CT.
SWAD LEY CT.
PA R
TAFT
TAFT CR .
QUA I L ST.
TAFTCT.
CT.
ST.
ST.
R OUT T
R OB B CT. QUEEN ST.
TABOR TABOR CT. ST. SWAD LEY CT. SIMMS CT.
OW E NS
CT.
CR .
TAFT ST.
TAFT CT.
QU E E N ST.
PIERSON
UNI ON
ST.
ST.
UNI O N
TAFT ST.
SWAD LEY
ST.
UR B A N
PIERSON ST.
TABOR
PARFET ST.
QUAIL ST.
ST.
CT.
S T.
S T.
PARFET ST.
PIERSON ST.
CT. UNI ON
S
UNI ON
UR B A N
QUA I L
MM
SI
PIERSON
PL .
PARFET CT.
ST.
CT.
ST.
CT.
ST.
ST.
TAFT CT.
QUE E N C T .
QUE E N S T .
QUA I L
P IERSON
Q UA I L
P IERSON
S T.
C T.
S T.
C T.
PA RFET CT.
S T.
ST.
R OB B
ST.
TAFT
ST.
UNI ON
TAFT
UR B A N
ST.
ST .
UR B A N
RO BB
SWAD LEY CT.
QUE E N
QUA I L
R OUT T
SIMMS ST.
ST
CT.
CT.
ST.
CT.
UR B A N
TA FT ST
PIERSON
ST. UR B A N
VIVIAN
V A N G OR D ON
UR BA N
CT.
CT.
ST.
VIVIAN
UR B A N
V A N G OR D ON
WARD ROAD
(CSH 72)
VIVIAN CT. VIVIAN ST. V A N G OR D ON ST. UR B A N CT. UR B A N ST. UNI ON ST.
ST.
CT.
VIVIAN
VIVIAN
V A N G OR D ON S T .
WARD ROAD WARD WAY
PARFET
CT.
VIVIAN
V A N G OR D ON
WELCH
WELCH
WRIGHT
X EN OPHO N ST. XEN ON
C OW T. EN S ST .
TA F T CT.
UNI ON CT.
XEN OPHO N ST.
CT. WRIGHT
CT.
CT.
XEN ON
CT.
WRIGHT
WELCH CT.
XEN ON ST.
CT.
WRIGHT
CT.
ST.
WELCH
WELCH
WELCH ST.
WRIGHT ST.
ST.
YO UNGFIELD
WELCH
ST.
WRIGHT
ST.
ST.
YAN K ST .
ST .
ST .
ST .
ST.
ST.
WY.
ST .
B R A UN
BEECH
BRISTOL
YAN K
YO UNGFIELD WY.
ALKIRE
C OOR S
DEFRAME S T.
ARBUTU S
ST .
JOYCE ST.
HOWELL ST.
GLADIOLA
S T.
ELDRIDGE
CT.
WAR D ROAD
VIVIAN
CT.
VAN G OR D ON CT.
UNI ON
E
WARD RD.
VIVIAN ST.
WY .
BEECH CT.
YO UNGFIELD
ST .
ALKIRE ST.
C OLE CT.
. ST
AU N
BR
ST CT. .
N
BR AU
UNI ON
WARD
CT.
R D.
C
CT.
ZINN IA
ALKIRE ST.
WARD
ARBUTU S ST.
S T.
WARD LN .
XEN O CT. N
DEFRAME CT.
C OOR S S T .
COORS C T.
BEECH
CT. XEN ON
B R A UN C T .
XEN OPHO N
B R A UN ST.
ST.
ST.
ZINN IA
Z A NG
YAN K CT.
Z A NG
ST.
D
I EL
ST.
DEVINNE Y DEFRAME CT.
CT. BRA UN
COOR S
ST.
DE EY CT. FR AM E
E VI N
D
ZINN IA
B RAUN CT. BEECH CT.
YAN K
BE AR C EC H B U T. TU AL KI RE CT. S ST C . T. ST.
COORS CT.
DEVINN EY CT.
BEECH CT.
BEECH
DEFRAME CT.
WY.
CT.
B R A UN C T.
BEECH DR .
C OOR S
ME
ST.
CT.
CT.
ST.
CT.
DEFR A
YO UN G
YNFL D.
ZAN G
CR.
W . BR AU N B EE C CH ARBUTU S T. ARBUTU S CT . ALKIRE
Z INN IA
Z A NG
COORS ST.
CT.
ST.
WY.
ALKIRE CT.
XEN ON
.
P L.
Z A NG CT. ZA N G
ZINN IA
DEFRAME
ST
ARBUTU S ST.
C OOR S S T . C OOR S ST. C OL E CT.
C OOR S C OL E LN. B R A UN
B R A UN WY. BEE CH CT.
WY.
DEVINN EY
XE NOPHON CT
N
FIG
WY.
YAN K
CT.
YAN K
DR.
AV E.
I NNE Y CR .
B R A UN C T .
DE V
N
BR AU
CT .
CT.
ALKIRE CT. ZINN IA
DR .
.
CT.
EY W Y
COO RS CT. C OL E
CT.
A LKIRE
C T.
YA N K
ZINN IA
C T. YO U NGFIELD ST.
DEFRAM E CT.
WAY
B R A UN W Y .
ZANG CT.
ZINN IA CT.
KENDRIC K
C R.
CR .
ELL
IS A B
ELLIS ST.
R
ST .
IC K
JU W NI Y . PE
ST.
ST.
ST.
GA R DEN IA
HOWELL CT.
ST.
HOLMAN ST. ST.
FLORA
ELLIS
ELDRIDGE CT.
FIG ST.
HOWELL ST. HOLMAN ST.
ISABELL
CT.
GLADIOLA
FLORA CT.
CT.
CT.
FIG
CT.
CT. ISABELL ST. INDIANA INDIANA
ST.
ELDR IDGE
HOL MAN ST.
ST.
HOWE LL ST.
(CSH 72)
DEVINN EY
CT.
JOYCE
ISABELL
CT.
ST.
DEV INN EY
FIG
HOLMAN ST.
FIG ST.
DEVINN EY CT.
KENDRIC K DR.
ELDRIDGE ST.
GARDENIA ST.
DR .
H OLMAN
C T. G LADIOLA CT.
62
CR .
AVE.
JOYCE
E.
DEV INN EY
ELDRIDGE ST.
FIG CT.
W Y.
W.57TH
NG F
YO U
DEVINN EY
C
D
LA N
LO VE
EL DRIDGE ST.
T.
AV
ELLIS CT.
FLORA
P OP P Y
ER
60T
ST.
NOB L E
P OP P Y C T .
PIKE ST.
ORCHARD CT.
M c I N T YR E S T .
NILE ST.
NOR S E S T .
KILMER ST.
KENDRIC K CT.
ORCHARD ST.
ARD CT.
REED ST.
EASLEY RD.
YO UNGFIELD ST.
INDIA NA ST.(CSH 72)
CT.
NILE
NOB L E
CT.
CT.
MCINTYRE
WY.
ST.
P OP P Y
MCINTYRE ST.
NILE ST.
KEND RIC K
P OP P Y W Y .
LUPINE ST.
ND R
ORIO N ST.
PL .
KE
ST.
ST.
MC MOSS INTYRE
CT.
E
CT. PIKE CT.
P OP P Y
CT.
ORIO N CT.
ARD CT.
NOB L
KENDRIC K PER LN . ST. JUN I PER CT. CT.
ORCH
JUN I
CT.
C T.
R ST. KIL ME RICK LN.
E
AV E.
LUPIN
OR C HA R D
CT.
CT.
CR .
PIKE CT.
ORIO N
P OP P Y ST.
65 AVE .
MOSS CR .
WY.
MCINTYRE
MCINTYRE ST.
O R ST SE .
N
LOVELAND.ST
PIKE ST.
CT.
E
WY .
PK
WY.
POPPY C T
ORIO N CT.
IN TY RE CT . McIN TYRE
OR C HA R D CT.
Mc
NOBLE LNN . OBL
QUAKER ST.
CT . ERS
QUAKER CT.
QUARTZ CR .
R OG
R OG E R S S T.
QUA K E R S T .
LOO P
CT.
LN.
KI LM
H
.
CT
ST .
SA LV IA
SEC REST
SE C C R RES T .
ES T
CT .
ST .
WY .
QU
SA LV
RUSSELL
CT IA .
SALVIA LN.
NILE
W.
MCINTYRE CT.
SALVIA CT.
QUARTZ ST.
ST.
R OG E R S
CT.
ST.
R USSELL
T ER R
ST.
NILE
PL.
PL .
CT.
SEC REST
TERRY
T C T.
ES
EY ST . SE CR
Y
TO RR
ULYSSES
TORREY ST.
EASLEY RD. TORREY CT.
SE CR
TERRY ST. SECRES T WY .
REY TOR LN.
TERRY
UMBER C R.
VIOLET
EAS LEY RD.
VIRG IL WY.
62 LN.
VIRGIL ST.
UMBER ST.
PL.
NOBLE ST.
ORIO N ST.
QUARTZ ST.
R OG E R S S T .
.
CT
ORIO N
1ST
S
SE
UL YS
S CT ALV . IA
CT.
VIRGIL
7 7 DR . 7 8 DR .
CT.
TH
77
L
GI
W.
.
V IR
CT
ET
VI OL
ST.
UM BER CT. UMBER
AVE .
W AY
67
PL .. WY
VIRGIL
ST.
ND Y
ON
CR .
W.
A
T DR . ES
WI
EA T
71ST PL .
W. 71ST AVE.
W.
PL .
AVE.
AVE.
W. 75TH AVE.
VE. W. 73RD A
7 2 ND D R .
W.
FENTON CT. CR.
68TH
W.
65 TH
CR SE
ANTERO CT .
FIELD ST.
ALKIRE ST.
ST .
ZINN IA
R.
JOYCE ST
GARDENIA ST FLORA ST
WAY GLADIOLA ST
AD
I
FIG ST
HOLMAN ST
ELLIS WAY
GL
CT
EL L
IS
HOWELL ST
HO WE LL ST .
LP . DEVINN EY CT.
8 9T H
.
W
G A R D.
INDIANA ST .
R DE
ST.
FLORA
84 CR.
8 4 CR . CR .
ELLIS ST. 8 4 CR .
84 CR.
FLORA ST.
FIG ST.
HOWELL ST HOLMAN CT HOLMAN ST GLADIOLA GLADIOLA ST. CT.
GARDENIA ST.
DEVINN EY CT.
.
DEVINN EY ST.
Y
PP
PO
ST .
Y
PO PP
Z
AR T
QU
R TZ
QUA
QUAKERST
AVE .
2 ND AVE.
3RD AVE.
GA
RU SS EL L CT .
.
ST
EY
TO RR
W. 88 DR .
ER
S T.
ST.
CT .
UM B
Y
ST.
ST.
FLATTOP
ELDORA ST.
FLAGSTAFF
ST.
ST.
EL DIENTE
ST.
ST.
D UNR A V E N
B R OS S
CULEBRA CT.
CULEBRA
G OR E
CRESTON E ST.
WA
YU LE
WINDY S T.
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77
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L. 58 P
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PL .
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54
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.
.
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76
52
AY
W.
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PL.
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53
AVE.
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61ST
CT.
W. 72ND AVE.
67
CR.
AVE.
W.
63
DR.
AVE.
W. 72N D FRONTAGE RD. W.71ST PL.
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W. 56TH AVE.
53
T EA
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AVE.
W.
W.
PL.
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N TO
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80TH
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W.
AVE
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AVE.
60TH
AVE.
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82
W.77TH PL.
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W .
PL.
ND 82
PL.
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AVE.
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ROBIN SON
GRANT
DR .
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DR.
82
PL.
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79TH
AVE.
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W.
W.
AVE.
57TH
DR.
.
R D.
Y
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PL.
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W.
W.
H
W.78TH AVE.
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59TH
JA
AY
R ID G
54 LN. 54
54
AVE.
5 2 ND
AVE.
QU
DR .
O
53RD PL.
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50TH AVE
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.
REN
AR
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LN
77
61ST
DR.
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80TH PL.
76TH
AVE.
68TH PL.
AVE.
6 2 ND
MARILYN W. JEAN D R.
83
82ND
DR .
W.
PL.
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REED
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W.
61ST AVE.
60 AVE.
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54 AVE.
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TH
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RAB
65
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.
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LANE
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CT
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ST
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L
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92N D
W. 90TH AVE.
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TH
.
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84 PL . AVE .
83 R W D Y.
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78
.
W. 68TH AVE.
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PL.
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PL.
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51
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.
CR.
ST
W.
W.
69 AVE.
68TH
AVE.
AV
6 2 ND 6 2 ND
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. PL
CR . POMO NA DR.
72 PL.
71 AVE.
67TH
67TH
AVE.
62ND
TH
84 PL .
TH
O NA PO M
AVE.
W. 70TH AVE.
W.
W.
UP HA M
.
W.
W. W.
W. 8
85
. DR
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73
DR
.
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W.
62 PL.
65TH
AL
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PL .
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W.
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.
T.
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BE
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54TH
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ES
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W.56TH PL.
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C
DR
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69TH PL.
AVE.
D
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PL.
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PL .
. ST
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74 PL.
AVE.
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KE
CR
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H 6T
N
W.
CI
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57TH AVE.
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W.
DR.
.
B
TH
W. 57TH PL.
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ST
78
W.58TH AVE.
56 PL.
9 2 ND PL.
AVE.
CR .
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79 79 CR. CT.
TH
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W. 69TH AVE.
W.61 ST
60TH
HA C K
DR.
68
W.
W.
DR.
KS BROO
78
DR.
W.
PL.
66 DR.
64 PL.
AVE.
W.
W.
TH 70
W.
W.66TH AVE.
62ND PL.
W.
62 AVE . ROA D ALT A V IS T A
(RALSTON ROAD)
78 AV E.
75TH AVE.
AVE.
AVE.
CR .
59TH
TH AVE
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PL.
PL.
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63 AVE.
69 WY.
69
W. 69TH
PL. W. 69TH DR.
W.67TH
WY.
W.64TH
W. 58TH PL
JE LLISON
ROBB
D. E R
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W.
DR.
65
PL.
64
WY.
DR .
AVE.
W.70TH AVE
69
AVE .
AVE.
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AVE.
64
AVE.
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69 WY.
DR.
W. 66TH
64
PL.
COL E
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55
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ANVIL CT.
91ST
A VE.
80TH CR.
W.
PL.
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71ST
W.
DR.
PL.
PL.
PL.
W. 67TH
W. 66TH
AVE.
59
77TH
84
EW N .8 5T H
84
WL AN D .
W.79TH DR.
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.
WY .
68TH
W. 67TH
W.62ND AVE.
AVE.
N
78 . R C
W. 65TH
W.64TH AVE.
. PL
AD
ST.
W
AVE.
65TH PL.
64TH
64
PL.
66TH
63RD PL.
.
E.
62
RO
DUNRAVEN WY.
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E
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.
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W.
80TH PL.
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W.
AVE.
IS
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.
ST.
PL.
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PL .
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W. 72N D F. R.
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68TH
67 AVE.
66TH
W.
WY.
WY.
PL.
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69TH
DUDL
W. CR.
AVE.
68TH
W.
66 PL.
64TH PL.
BROO KS
AVE.
PL.
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PL
AV
61
59TH
59TH
58TH
F.R.
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D
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DR.
PL .
59TH
W.
W.
AVE.
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3R
63
W.
AV
W.
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ON
58TH
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CE NI
ON IS LL N SO HN JO
JA
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BR
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PL.
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81
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W
W.
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PL.
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IS
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BE
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64
W.
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55 PL. CT.
. LN
W. 73RD AVE.
W.
65TH AVE.
78
78
DR
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Y
83
81ST
81
CR.
80
CR.
PL.
W.
W.
83 AVE.
81 C R.
TH
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67 AVE.
R OA D
NS RE
W.62ND AVE.
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75
W.
AVE.
AVE.
67TH PL.
.
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DR.
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TH
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R
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DR
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TH
T
T
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PL.
TH
75
W.
74TH
W.
T. DC
PL.
W.64TH AVE.
OM
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64
W.64 TH PL.
PL.
AVE.
W.
54TH
S TE ES CT.
75
W.
AV
81
WAY
PL.
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WA Y
CT.
W
W.
NE
WA
84
W.80TH PL.
78
WY.
AVE.
TH
PL.
69 PL .
PL.
66
PL.
65 AVE.
W. 55TH DR.
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54TH
EY DL . CR
76
NS
81
81 ST
W. 79
ET
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H
84TH
ST.
82 PL.
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79 PL.
ER
R VE DO CT.
DR .
AVE.
69TH
67TH
66
AVE.
AVE.
55TH
70TH
70TH
66
CR.
63RD PL.
6 2 ND
60TH PL.
W.
T
T
AVE.
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W.
W.69TH PL.
65
6 2 ND
W.
EV
YR
DR .
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W.
T. C
AVE.
63 DR. AVE. 63 AVE.
W.
DU
E
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63 LN .
63 PL.
63
DR.
W.61ST AVE.
ET ER
73RD
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63 AVE
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WY .
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PL.
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PL.
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N
AVE.
PL.
64TH
.
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.
W. 68TH WAY.
W.65 TH
ST
.
ST.
W.
WC
59TH
PL. DR
AVE.
W . 72 N D AVE.
W.71ST
70 TH
PL.
64 PL.
R
D AN RL GA
TH 75
WY
74TH
R.
.
75
W.
VE
75TH
W
PL.
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DR .
S
TH
DR .
AVE.
WY.
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AVE.
W.
CARR CT.
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77
W. 76TH AVE.
JELL 75TH
W. W.
DUDL E Y
B
80TH
PL.
76 AVE.
W.
U CL
DR .
CI
77
RA
PL.
DO
.
PL.
66TH
65 PL.
NE
D. E R
T
W.
VE D A
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WY.
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LN .
ST.7 CL 9 W UB Y. 79 78 78 CR. . 78 PL AVE. 77 CR.
PL.
W.
E. AV
5 2N W.
E.
W.
AVE.
DR.
H 77T
CR
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PL.
53RD
52 PL.
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W.
79
70TH
PL.
W. 62N D PL. 62ND AVE.
W.
84TH
81ST
80 PL.
E
W
W.87 T
ZEP H
W.
P L.
81
Y HO
W
R.
W. 50TH AVE
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. W
C
53 AVE.
77TH DR.
77
W. 76TH
W. 69TH AVE.
W.65TH
55 PL .
W.
54 PL.
W 53RD PL
AV
W.72ND
W .
WY.
63RD
63 AVE.
W.
DR.
53 PL.
DR .
68TH
W. 58TH AVE.
57TH PL
81ST
AV E.
AVE.
LE E
PL.
65TH AVE.
PL.
DR .
AVE.
75T H
PL .
WAY
56TH PL
56TH
56TH
54TH
W. 54TH
N
TH 77
69TH
W.
PL.
DRIVE
W.
83
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AVE.
81ST
.
T
PL. AVE .
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PL.
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DR .
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CR.
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54 PL
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DR .
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CH AS
TH
WY. ET RF PA
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EL DIENTE
93
ST R
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86
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EN
58TH F.R.
57TH AVE
56 TH
54TH DR.
85 . Y W
.
OW
WY
65
64TH
W.
AVE.
TH
DO
66TH
59TH
59
83RD
ND
ST
W. 70TH PL.
68TH
67TH
W.
W.
86
N LA OR
PL.
ER
AVE.
77
AVE.
69
68
W.
W.
ALLENDALE
60TH PL.
W.
AVE .
58TH
57TH AVE
PL
ER
T. B S
54 DR .
53 PL
PL.
60TH
TH
W.
55 PL
52 PL
RO B
51ST PL .
E.
E. AV
52ND
51ST AVE.
AVE.
61ST 60TH
70
W.
67TH
W.
ST
. W
W.
PL.
PL.
W.
PL.
61 W.
82
81
PL .
PL.
W. 7 2 N D AV E .
69
68
(RALSTON ROAD)
AV E .
62
W.
W.
W.
PL.
PL.
EV
73RD
PL.
WY.
AV
COL E
CR.
W.
.
PL
86TH
RL A ND CT .
W.
74T H
EN
C T.
AVE.
UE
WA Y
Q
ON XEN
56
ON
W.53RD
. CT
XEN
W.54TH AVE.
W. 52N D AVE.
W. 51ST LN.
ST
W. 88TH AVE.
87 TH
86 T H A VE
PL.
PL.
CR. 65TH
ST.
57 DR
AVE.
PL.
PL. 82
81 CR . 81 LN.
D
W 72 PL.
W.
69
AVE.
PL.
GA
PL.
W.
.
WEST 71ST PL.
PL.
70
68
WY. W. 67TH PL.
ST .
PL.
DR.
78
78TH
77 CR.
W.
W. 76TH DR.
AV E.
WAY
IN D E P
E
81
E LE
WA Y
77TH
W.
LEWIS
AVE.
AVE.
82 LN .
N LI K
81 AVE.
TH
W. 73RD PL.
PL.
AVE.
67
ST.
57TH PL.
W
69TH WY.
C T.
W
BB
PL.
PL.
W. W.
59TH
W. AVE.
73R
70 PL.
68
TT
W. 58TH AVE.
AVE .
W. 77 TH
PL.
CR.
65TH
65
63
85 PL . 85
AVE.
74 PL.
LN.
66TH
W.65TH
W.
54T H
NC E
W. 90TH AVE.
CIR.
PL.
CR.
87
86
PL .
79
W.
R OUT T
W.
W. 6 4 T H
W.
W.
VA
E.
D OV E R
AVE. 84
80TH D R.
W.
77 PL.
76TH PL.
AVE.
PL. DR. OBB R
ND
RO U
60TH AVE.
PL.
.
74
73 AVE.
AVE.
TT RO U S S IM M
CR . Y.
W
DR
81
W. 8 0 T H
79 PL.
78
78 AVE.
66TH
66 PL.
AVE .
AVE.
DR.
75TH
66TH
62
T. C . ST
ZA NG
59TH
IV E
75 PL.
67TH
W.62ND PL.
AVE.
W.
CO
AV E.
RALSTON PL.
LE
FIG
56TH PL.
W. 63RD AVE .
W.61ST PL. 61ST W.
ST
73 E. AV
2 W. 7
67TH PL.
W. 67TH AVE.
6 2 ND A V E
61
73
CT .
71 ST PL .
W.70TH PL.
TAFT
67th PL.
D
81
AVE.
PL.
79
RO
CR.
ND
.
AY
W.
WY.
AVE. 73RD DR. PL.
DR .
63
YAN K
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PL.
63
W.
74
R BO TA T. S
T. C
PL.
DR. W.
. ST
W. 62
64 PL.
DR
W
72
W.
.
71 ST
AVE.
67 PL.
AVE.
66
W. 6 W.64 5TH TH P L.
WY.
K
RD 53
W. 51ST LN.
TH
N YA
W. 52N D DR.
W. 53RD PL.
W. 51ST AVE.
56
Y.
W.
.
W
W
K
PL.
W. 54TH AVE.
66
AVE.
N YA
56TH
ORIO N CR.
63 PL. 63 CR. 62
PL.
60 PL.
CR . 66 . PL.
DR
PL .
70
AV E. PL.
68TH
N UNI O ST.
W.
W.55TH PL.
60 PL.
DR
N
65
CT .
E
W.55TH DR.
RK
H
DR
IV E
TH
SWAD LEY
71
AVE.
W.68TH
67TH
ST.
AV
W.55TH PL.
.
65
FIG
TH
CT .
DR
IA . LV CT SA
PA
XE NO
W. 59TH PL.
E
57
ES T
W. 55TH
T
HAM WYND
WY . Z ANG
W.
AN
DG RI
W.
SE CR
W. 57TH AVE.
63
62 DR.
58TH PL.
5 8 DR .
PL.
H AVE.
68 AVE.
67 P L. 66
U RB
N DEV IN
W. 59TH DR.
PL. TH 59 H T 59 E. AV
AN UR B Y WA . N ST N URB A DO G OR VAN ST.
D EL
. WY
PL.
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WY.
AY
LEW IS CT. TH 84
83 AVE . W. 82N . D PL W. 82N E. D AV
81
81 . DR
79TH
TH
DR
H
76
AVE.
74TH
. CT
63RD
PL.
67
FIELD CT.
CR.
ZANG S T. AVE.
64
BRAUN PL. CR .
61
K
74TH
FT
62 W Y
E. AV
. CR
76 T
TH
CR.
74 PL.
W.
TA
61S
.
63 WY. 63 PL.
CR
62ND DR.
LN .
75TH
75TH
74 WY.
73 . DR
62
DR.
AV E
DR.
LN.
W 3 63 YN 6 D . H R AM C
DE FR W AM 63 Y. E RD
W.
63RD AVE.
.
AN
AVE.
64
PL. 64
64 DR.
W. 63RD PL.
ST
65 PL.
W. 65TH
PL.
64TH DR.
Y AN
WAY
RK
61 AVE.
ALLEND. LN.
WI L M AVE OT .
TH
WY.
65 PL.
64
64 PL.
A LECT. P CO
Y
.
RD
6O CR.
58
PP
62
ST
63
ALLENDALE PL.
W.
PO
PL. HOL MA N
T.
C HOL T. C
RS GE . CR
.
H D R.
(CSH 72)
. 63 PL
62
M
W. 65TH
K
COLE CT.
65TH DR.
W.
DR .
65 AVE.
YA N
66 PL.
ME
DR .
AVE.
WY.
. WY
TH
71 PL.
W.
68TH AVE. . DR
T. DR S .
. CT N AU LE CO C T.
KENDRIC K
E YR
AN
NT
HO L M
ST.
CI M
.
A FR
W. 6 4 T H AVE .
63 AVE.
62 PL.
61
DR .
PL
66
71 PL.
70 PL.
PL.
TH 67
BR
WAY
TH
DE
W. 65TH WY.
TH 65
6 4 P L.
AV E.
.
66
PL.
PL. 70
PL. 69
PL.
R. C
W.
DR .
75TH DR.
W.
74 DR .
PL. PL. 68
67TH
RS O
.
.
LE NOB
LN .
AV
PL.
D
TH
PL.
H
67 WY.
67 CR .
CT .
R.
76 TH
LN.
W. 75TH PL.
W. 73RD PL
KW
. PL
DR.
78
77 T
W. 75TH PL.
70
AVE.
67TH PL.
66
T 69
W.
.
WY.
W.
O
CT
65
64
.
DR
75T H
N
.
W. 75TH AVE.
W. 74TH DR
73 PL
73 LN 73 AV
7 2 ND CR .
PL.
70
68T H
68TH
67 TH
C
S OS
66
AVE. 65
66TH AVE.
.
72
PL.
71ST
69TH AVE
W.
68TH
67 CT.
PL.
PL. 66 DR.
DR
7 2 ND
W.
71 AV.
DR.
PL.
BA
W. 75TH AVE.
TH
DR.
DR.
PL.
PL .
69
W. 66TH
66
67
E NIL CT. 64 . CR
63 L N
62 PL.
W.70TH
69 A NI DR.
CR.
N O RI . O Y. W
64 LN.
W 63 PL. 62
PI KE C P IK T CR E .
LE NI
. CT
CIR
72
71
AVE.
70TH
W.
UR
W.
W. 75TH PL.
74
DR .
H BEEC CT.
E P IN LU . WY
RD
N IL E C T. NOB L E
CT.
HA
M
RC
71
E RD
GA
68 PL.
DR.
71
69TH LN. 69 PL.
77
AVE.
R OA D
AN RB T. U S
.
69 DR.
PL .
68TH
W. 67TH AVE.
W. 66TH PL . 65TH PL.
W .
. PL
74
N AU BR T. C LE C O T. C
70 DR.
W. 69TH AVE.
W.
CR .
72 PL.
AVE.
0T H
W. 69TH PL. W. 69TH
P L.
PL.
CO OR S ST .
CT.
W.
73 . E AV
7 W.
6 8T H
73 AVE.
W. 7 2 N D AV E .
71 DR.
.
74 WAY 74TH PL. 74 AVE. 73 PL.
DR .
74TH
. W
77 PL.
DR .
7 5 P L.
AVE.
S COOR
MOSS CT.
DR
. PL
RO
DR
60T H
E N IL . WY
CT.
LN.
.
60
62
PL.
ST
W. 58T
.
AVE.
H
O
64
S
ORIOPN L. PIKE ST.
W. 59TH
.
OD
PL.
IO N OR LN.
DR
T 58 W. . PL
PL.
61
H
CT.
TH
RD
DR
TH
LE NI
67TH
. CT N ORIO
58
63
65TH
WESTWO
TH
D
83 R
W.
. PL
H 84T
PL.
8 2 ND
W.
W.
LA NE
WY
76 AVE.
75TH PL.
JUN IPER
75
W.73RD AVE.
W. 72N D PL.
ND 72 IR. C
70
PL .
.
T. N C
W.
.61 LN.
C IR
OR I O
.
W.
6 2N D P L. 61 RTZ P L. A
T.
TH
N IO OR AVE.
PL .
CR .
66T
W.
. CT
DR
.
DR
R TE
S GER RO CT.
TH 59
W
Y.
62LN.
ST Y C R
69
73 RD
STWO
G IL
W.
L EL
70
. LN
70TH
WE
VIR
CA
ST
R.
ST.
61
RY
W. 60TH AVE.
AN BL
W.
TE R
W. 58TH AVE.
. ST
W. 59TH DR.
CR.
61ST P L.
LOVELAND ST.
ISABELL
W.
S OD
R BE M
PL . 0T H R. W. 6 H D 60T W. L. H P 59T W.
IA LV SA
ST .
62C
62
61 WY.
.
R.
W. 73RD
72 AV D E. AR CH OR T. 71 PL. S
TH
N IO
.
U
PL. 60
LN.
L N.
63
Y. W SE 63 CR ES T
6 3 D R.
A LVI CSA A AL SE ST VI . S Y . RE LN S T W E ECR LN. S ST. Y RR EY TE RR TO
L. T P 61S VE. W. T A 61S W.
W. 60TH AVE.
W.60TH
62 CT.
61 CT.
SS
OR
CT
Y.
W Y.
DR .
CR. C
RU
. LN . PL
61
LN. 61
KE PI
W
CR .
PL.
67 . CR
TZ AR
DS OO W
VIOLET CT.
63
DR.
65
CR
RTO Y RE
UMBER C R.
63
6 2 ND
. CT
63 PL.
. PL 66 . LN
65
65 C R. 64 CR. 64 DR.
QU
CR. 66
LN.
A
C T.
I LV SA
TERRY
67
UMBER
WIER
AVE.
CR.
CIR.
DS
67 PL.
WEST
66
71
CR .
70
CT.
W. 70TH
69T H
W OO
T WE S
CR.
VIOLET
W. 6 4 T H P K WY .
W.62ND AVE.
71
ST .
67 AVE.
LN . 67
AVE.
P OP P Y W Y .
W. 72N D AVE.
AVE.
L SEL
ST .
71
W.
67
DR
L. . P
69 . CR
L. 68 P
72
ST
RUS
71
W.
SALVIA
E.
AND . CR
ST.
W. 73RD AVE.
RY TE R CT. RY TE R . CR
AV
ND
DR .
PL.
AVE.
72
L LOVE
. W
PL .
74TH
W.74TH AVE.
AR
84PL.
PL.
H 85T
W.
82 PL.
W.
7 7TH
NE
AVE.
84TH
PL.
PL.
81 AVE.
W. 77TH DR.
W.
W.
W.76TH PL.
S OR CO . CT
. CT
73RD
. W
W. 70TH AVE
69TH
W. 68TH AVE.
PL.
H 75T
W.
CT.
W .
W.
85
. LN
83RD
82 PL.
. W
DR.
LUP I NE
W. 73RD DR.
W.
W.
W
W. 76TH DR.
W. 74TH
73
W. 78TH AVE.
76 . LN
. A VE
74T H
W.
W.78TH PL.
PL. 83 AVE.
L.
76TH
TH 75 W.
CT.
W.
RD PL .
H D R.
W.78TH PL.
83
W. 80TH AVE.
79
W. 7 9T H
P
W.
W. 76TH AVE.
83RD AVE.
W. 80TH PL.
LD
DR .
CT.
73
W. 77T
W. 8 4T H TABOR PL. CR . W. 83RD
W. 83RD LN.
81 PL.
81 DR.
IE NGF YO U ST .
L EL
NILE CR.
W. 77TH PL.
83RD
DR.
WY.
82 LN .
CT.
TH
SS
. DR
CR.
83RD
UR B A N
.
76
CT
RU
Y
. DR
TH 77
W.
T
UM BER
. CT
RUSSELL WY.
ES
RY TER . CT
TORRE
. DR
LE YU
. PL
TH 77
84TH
83RD DR.
C T.
W.
W.
UNION
TH 78 . .78 AVE W
84
WRIGHT
.
83
LN.
VIVIAN
DR.
H
PL
84TH
84 AVE.
R PA
86 T H
85
PL 85 . AV E.
87
87
E. W.
AV
LL
DR.
W. 83RD PL.
W.
P L.
84 PL .
PL .
MI
OP LO TH 84 W.
84
84 L. P OA K ST.
.
AV E .
W. 85 P L.
AVE.
LER MI L ST.
DR
OP LO
AVE .
W. 81STP L.
8 0 TH
85 . DR 85TH
C T. URBAN
82ND
W. 81ST AVE.
W.
W. 85TH
CR.
W.
CR.
W.
E
. ST
CT .
O CO
R. H D
W. 84TH AVE.
W. 83RD AVE.
DR .
N BA UR T. C
5T W.8
YA NK
84
PL.
84TH
.
W. 82N D AVE.
AC PL
IA NN . ST
78T
PL.
85TH CR.
W
ZI
W.
W.77TH PL.
79T H
W.86TH AVE.
W.
P L.
.
84 TH
W. 83RD PL.
ST.
78TH
CR SE
E
W.
S T.
ET
KE
OL VI . CT
N YA
W.78TH DR.
R. TH D
9 2 ND AVE.
87
87 PL.
W. 87TH AVE.
K
W
W.
E ID G ST .
W.
84 C R.
KS RSST. PAR E FI V DR.
D
85
TH RAUN 85 . 86RS 85B DR 84TH PL. H
N 82
.
ST . EY
R.
AY
W
RD.)
PKWY.
R. H C 86T
G ZA N CT .
C
W
LEYDEN
(A.K .A
Y AN C T.
DR.
H 86T W.
DR .
H 86T
COO
N
JO YC CI R. E
SS
O
AVE.
R ELD
84 PL.
O M
RI O
ST.
82ND
DR.
P L.
8 7 TH TE R R A
EC BE
CH A WY RD .
NO B CT LE W.83 RD . PL . W. 83 RD AV E.
DR .
WA Y
86TH
86TH
W. 87TH AVE.
B E EC H
W.
E F R AMECT.
D C IR .
Y
AV
W. 88TH AVE.
IRIS
W.
.
W.
INN
8 5 LN .
OR
84TH LP
OR ION
CR.
D
87
DE V
A
W. 78TH DR.
W.77TH LN.
E YAN KE CT.
WA
ST
M LA
. DR
8 7T H L N .
W. LLISCT
S C OT T S T .
W.7 9
93R
RD
91
W. 88TH AVE.
ST. IS IR N SO HN ST. JO
A OR FL
.
CT E .
DR
LN.
CK
83RD CR.
RD.)
E
.
H 84T
. W
GI L V IR ST.
RO
W.
LE YD EN
PL.
LEYDEN
IA CR.
GLAD I OL A W
W
TH 84
AVE.
D
H PK W Y.
N
M RA E F T. S
TH
7T
88 W. PL.
D
DR. W .8 6T H S ER PL OG W . E. R . 85 WA Y W. 85TH TH .2.* PL W. LN . RS *1.QUAK ER CT. 84 GE TH *2.RUSSELL ST. RO RO CT. *3.SALVIA CT. GE P RS O . LO ZCIR T AR Y U WA Q . P ST L.
AV
AY
(A.K .A.
8
PL.
.
.
86 TH
LN .
Y NE VIN S T. DE
LP
TH
LV IA
S ELLI CT. 9 D W 8
TH PL
83R D D R .
83R
W
TH
93
91ST PL .
W. 90TH AVE.
. 88 T H D
EL LIS C T.
84
84TH
E
86
SA
TH P L.
86
86 TH
W. 8 5
CT.
. ST
R CUL EB
ON RC
YU L
L N.
W.
W.
W.
DR.
H
.
3.*
. DR
D
85T
AV E
.
ET
W.
83 R
ZI
. W
84TH LN.
P L.
H 84T
W.
VI OL
PL
91ST PL .
TH
W. 87 TH
W. 86 TH
86T H
W.8 5
TH 84
AVE.
.
89
DR .
N. H L
W.
. W
W
CK
DR.
Y WA
82ND
RO
R WIE ST.
84
6T DR . E. W.8 T H AV W. 8 6
H 85T
EN
AVE .
.
TE AN CT. RO
AVE.
A
PL.
84TH
N
LEY D
TH
WAY
R DO EL
84TH
CO
W.8 7
AVE.
85TH
. DR
W.
W.
TH
L P
87
W.
W.
. CT
W.
W.
DR
F
.
AN CT. BL CA
BL UF
W.
H 0T
RO TE
95TH
D P L.
W. 92ND AVE.
92ND AVE.
90TH PL.
L. W. 89TH P
R
88TH PL.
HO LMAN
AN
ZI R
W.
9
DR .
W.
AVE.
91ST PL
W. 89TH DR
W
W
87TH
W.
DR
W. 85TH BLUFF
W.
90 PL
W. 90TH AVE
W.
H 87T
LN.
H
W. 91ST LN
.
W. 88TH DR.
87TH
85 T
91 AVE
PKWY.
W. 91ST DR
D R.
W.
ST.
W. 91ST PL
PL
W
T OP FL AT WAY
FLATTOP
W.
ST
TO N
91
8 8TH
93R
E. AV
BEN
AS
W. 92N D
W.
E IV DR
N
93RD
OP
96TH AVE.
94TH AVE.
O IS RR GA
PL
E
ST.
E.
AV
TELLER ST
AV
RD
RD
V A NC E
93
93
JOY CE
Y
PP
Y
WA
WA Y
W AY
LUPINE WAY
MOSS WAY
ARD WAY
ON
NILE WAY
WA Y
K
OR I
LOVELAND W AY
TH
.
LO
PER
ORCH
AVE.
DRI C
NOB L E W A Y
.
ST
94
PL.
JUN I
S T.
Y.
R
D
ME
W.
93R
PKW
KEN
95TH
. W
W.
Y WA
E
LE
PO
ND 92
.
DR
W. 92N D
DR.
BL NO
S
PL
D EL
ERSON CT.
ST
SALVIA
LA
CA N
9 2 ND L N
DE
MCINTYRE
CI R
W. 93RD WAY
W IL K
C T.
. LN
D
PIK E WA
CAY N
W. 93RD PL
W. 93RD AVE
W. 95TH PL.
W. 95TH LN.
WAY
LN.
94T H
D
NIL E CT.
W.
93R PL .
P KW Y .
RUS-SELL
FL A Y. TTO P W
95TH
PL .
AVE.
W. 94TH
W. 93 PL.
DR .
KIL
KE
.
94TH
W.
CA N D E L A S
9 2 ND
NO B
E.
AV
AY
WA Y
W
E
YU CC A
DR
95TH
YA N
AV E.
ELDORA CT.
EL D IE NT E
ST.
CRES TON E
W.
W. 9 4T H
PL.
95TH
W.
LN.
YAN KEE ST.
CT.
A NT ER O ST. YUC CA
WAY DUNRAV EN LO O P DUNRAV EN ST .
. CT
93RD
D P L.
QUA K E R S T
NT E
A C UL E B R
W. 95TH PL.
CA
W. 94TH
Y
W.
QUA R T Z S T
E . WA
. DR
D IE EL
ST .
72
C YU
AV E.
94T H
AV
D P L.
Y WA
ST.
B R OS S
W. 92N
W. 9 2N
HIGHWAY
H P L.
95TH
W.
94
D R.
W. 93 R
AVE.
DR.
VI A SAL ST .
LN.
93RD
93RD
9 2 ND
WILKERSON ST.
9 4T H
W.
REY TOR WAY
W.
W.
94TH
W.
W.
IL ANV
LOO P
FLATT OP S T.
95T
LN .
TH
TH
W.
95TH
W.
OR A
ST .
AV E.
AVE.
95 . LN
EL D
W.9 5
ST .
W. 96TH AVE.
T H PL .
94TH
I-
76
W. 52N D AVE.
51ST AVE
50TH AV
50T H AVE
Challenges •
• •
Poor subgrade conditions found during repaving • Unforeseen additional costs were incurred. However, by addressing and correcting before repaving, the result will significantly extend the service life of the streets. • The Impact of additional unforeseen costs affects the ability to complete areas proposed to be completed in 2023 as it relates to available funding. Unstable weather conditions ADA Curb Ramp Removal and Replacement • Additional unforeseen removal and replacement of concrete in order to meet ADA curb ramp compliance. This triggers additional costs which impacts the funding needed to complete the ADA curb ramps scheduled for completion in 2023 in preparation for future pavement maintenance applications.
Conclusion The Pavement Management Team is committed to improving pavement quality throughout the City. In addition to managing the 2023 contracts, the Pavement Management Team has been working to improve policies, processes, and procedures.
10
PARKS FUND Parks Fund Overview The Parks Fund accounts for costs associated with the acquisition, design, development, maintenance and beatification of parks, open space and trails within the City. Revenues are derived from the City’s General Fund, Grants Fund, Jefferson County Open Space Funds and Adams County Open Space Funds.
Revenue Highlights
• Overall revenues in 3rd Quarter 2023 increased by $554,252 or 6.4% over 2022. • Jefferson County Open Space funds increased $149,914 or 4.0%. • In 2022, the City transitioned athletic field programming from the APEX Recreation District to the Parks Department. At this time last year, the City received over a million dollars for reimbursement from APEX. Although the City no longer receives APEX money, revenues are still up from last year due to the receipt of field programming revenues.
Expenditure Highlights
2023 Budget
As of 09/30/23
$7,529,376
$7,529,376
Open Space
$5,941,771
$3,902,550
$3,752,636
City Cash Transfer
4,975,153
3,793,528
2,948,945
-
1,002,738
1,437,781
1,573,384
1,010,890
$12,354,705
$9,269,462
$8,715,209
$13,029,162
$9,130,669
$8,908,173
Parks Fund Beginning Fund Balance REVENUES
APEX Reimbursement Other Total Revenues
-
EXPENDITURES Ongoing
52,000
73,596
-
$13,081,162
$9,204,265
$8,908,173
(726,457)
65,197
(192,963)
$6,802,919
$7,594,573
Capital
• Overall expenditures increased in 3rd Quarter 2023 by the amount of $296,092 or 3.3%. • A high number of expenses are associated with running the new athletic field program and the new employees added for Parks safety and maintenance, in addition to new vehicle purchases.
As of 09/30/22
Total Expenditures Income/(Loss) Ending Fund Balance
$12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $-
2019 $-
2020 $-
2021 $-
2022 $1,002,738
2023 $-
2023 Budget $-
Cash Transfer
$2,661,445
$2,772,920
$2,881,821
$2,948,945
$3,793,528
$4,975,153
Open Space
$2,752,300
$2,968,809
$3,405,899
$3,752,636
$3,902,550
$5,941,771
APEX
11
SPECIAL REVENUE FUNDS Special Revenue Funds Overview Special Revenue Funds account for revenues that are to be used for specific purposes. The following funds are considered special revenue funds: • Tax Increment Funds • Community Development • Housing
Tax Increment Funds Overview There are two tax increment funds which account for the voter-approved sales tax increases to fund expanded police services. The first accounts for the .21 cent sales and use tax and the second accounts for the .25 cent sales and use tax. Sources include sales tax, general use tax, auto use tax, building use and interest income. Since the tax increment is in addition to the City’s 3% sales tax, revenue trends in the tax increment fund will closely follow those in the general fund. 2023 Budget
As of 09/30/23
$18,334,000
$18,334,000
$12,039,036
$7,960,567
$7,512,437
Use Tax
2,374,576
1,608,056
1,962,929
Other
694,433
1,725,970
393,787
$15,108,045
$11,294,593
$9,869,154
Ongoing
$18,429,805
$7,814,793
Capital
16,634
Tax Increment Funds Beginning Fund Balance
As of 09/30/22
REVENUES Sales Tax/Audit Revenue
Total Revenues EXPENDITURES
Total Expenditures Income/(Loss) Ending Fund Balance
$8,413,097 -
6,334
$18,446,434
$7,814,793
$8,419,432
(3,338,389)
3,479,800
1,449,722
$14,995,611
$21,813,800
12
Revenue Highlights • Sales Tax and Audit revenue increased due to inflation. The price of goods and services has increased over the last year which is directly related to the sales tax increase. • Use Tax revenue decreased as a result of a lower total cost of construction materials in the first three quarters of 2023 compared to the same period in 2022. • The increase in other revenue is due to a larger accounting adjustment entry for daily interest made in 2023 than the same entry made in 2022.
Expenditure Highlights • Ongoing expenditures decreased due to the timing of an invoice payment. In 2022 the 4th quarter payment to the Jefferson County Communication Center Authority (JeffComm911) was made in the 3rd quarter whereas it will be paid later in 2023.
SPECIAL REVENUE FUNDS
Community Development Overview The Community Development Fund accounts for all entitlements, revenues and expenditures of the Community Development Block Grants (CDBG) program and the Home Rehabilitation program and Essential Home Repairs program. Community Development Fund
2023 Budget
As of 09/30/23
Beginning Fund Balance
$6,397,000
$6,397,000
$156,810
$250,833
$211,716
334,217
-
Revenue Highlights
As of 09/30/22
• Overall revenues increased by $309,538 or 57.1% from 2022. • The increase is mainly due to the contributions/partnership fees received from several local affordable apartment complexes and increased interest income. The Arvada Housing Authority serves as a Special Limited Partner with affordable housing developers to provide a property and sales tax exemption to the site. In return, the Housing Authority receives a partnership fee that is collected to support future affordable housing projects. • Arvada Housing Authority did not receive partnership fees in the previous year and interest rates were much smaller. • Grant revenue decreased by $156,523 or 59.0% compared to previous year due to the Essential Home Repair Program under the CDBG due to restructuring and the new program needing time to establish.
REVENUES Recovered Contributions
-
Grants
659,470
108,891
265,414
City Cash Transfer
45,000
33,750
37,975
Interest/Other
34,000
$124,339
$27,388
Total Revenues
$895,280
852,030
542,493
$385,080
$373,113
$222,776
Essential Home Repairs
407,056
18,651
182,554
CDBG Other
532,571
139,807
176,780
SLFRF Housing Grant
180,000
26,963
$1,504,707
$558,533
$582,111
(609,427)
293,497
(39,618)
$5,787,844
$6,690,768
EXPENDITURES Ongoing CDBG
Total Expenditures Income/(Loss) Ending Fund Balance
Expenditure Highlights -
13
• Overall expenditures decreased by $23,577 which is a 4.1% decrease from 2022. • Although our CDBG Program has been restructured and program spending is down $163,903 or 89.8% compared to the previous year, the City made a $200,000 grant to a local nonprofit for an affordable housing project in 2023 there was no grant in 2022. The net effect of this activity is a small decrease in spending between the years. • The Essential Home Repair Program has six projects under way, while seven have been completed as of 9/30/23. The wait list for essential home repairs is at 50 as of September 30, 2023. • The City received a small grant for Housing Strategy Development (SLFRF Housing Grant). The grant is in the beginning of its cycle and is new to the City in 2023.
SPECIAL REVENUE FUNDS
Arvada Housing Authority Overview The Authority administers funds received for rent subsidy to low/moderate income households under Section 8 of the U.S. Housing Assistance Payment Program.
Revenue Highlights Arvada Housing Authority
2023 Budget
As of 09/30/2023
As of 09/30/2022
Beginning Fund Balance
$350,000
$350,000
$15,600
$26,676
$8,660
5,881,629
5,681,206
4,908,443
REVENUES Recovered Grants Transfers (Rev)
75,000
-
-
Interest/Other
1,000
3,550
706
Total Revenues
$5,973,229
$5,711,433
$4,917,809
EXPENDITURES Ongoing
$866,649
$347,207
$291,854
Rents
5,033,321
5,396,558
4,379,313
Transfers (Exp) Total Expenditures Income/(Loss) Ending Fund Balance
39,691
-
16,325
$5,939,661
$5,743,766
$4,687,492
33,568
(32,333)
230,317
$383,385
$317,484
14
• Overall revenues increased $793,624 or 16.1% over 2022. • Grants revenue increased $772,763 or 15.7% from 2022 due to increased HUD funding and the addition of the Mainstream voucher program starting 2021. The Mainstream program aids families with disabled members. There has not been transfers from the General Fund or Community Development fund for the last two years due to staffing changes.
Expenditure Highlights • Overall expenditures increased $1,056,274 or 22.5% over 2022. • Rent expenditures increased by $1,017,246 or 23.2% due to the increased number of tenants on the programs and higher overall rental costs. • The Arvada Housing Authority served 505 families during 2023 while 449 were served during the same period in 2022. The Housing Authority also served 44 families with disabled family members through the Mainstream voucher program, 6 more than last year. The waitlist has 198 people on it.
CAPITAL IMPROVEMENTS PROJECTS FUND
Capital Improvement Projects (CIP) Fund Overview The Capital Improvement Projects Fund accounts for capital projects for streets, traffic, and parks.
Capital Improvement Fund
2023 Budget
As of 09/30/23
As of 09/30/22
Beginning Fund Balance
$56,853,000
$56,853,000
$48,394,048
$13,885,940
$10,755,354
$1,130,000
106,604
1,414,164
445,834
-
1,071,205
1,161,132
300,000
3,997,932
438,455
$14,292,544
$17,238,656
$3,175,421
$10,187,527
$1,556,127
$509,791
$245,975
$125,781
$521,697
CIP Street Projects
$2,987,435
$1,209,677
418,786
CIP Traffic Projects
$2,957,952
$1,061,197
714,986
CIP Park Projects
$6,129,665
$1,021,753
248,003
Total Expenditures
$22,508,554
$4,974,536
$2,413,263
(8,216,010)
12,264,120
762,158
$48,636,990
$69,117,120
$49,156,206
REVENUES Transfers Grants and Recovered Costs Contributions Interest Total Revenues EXPENDITURES CIP Administration CIP Technology
Income/(Loss) Ending Fund Balance
CIP Park Projects, $1,021,753
CIP Admin, $1,556,127
2023 CIP EXPENDITURES ACTUALS
CIP Technology, $125,781
CIP Traffic Projects, $1,061,197 CIP Street Projects, $1,209,677
15
Revenue Highlights • Transfers consist of transfers from the General Fund, Grants and Police Tax Increments. Contributions are lands dedicated fees that help fund eligible projects. Grants and recovered costs are reimbursements from other agencies that have shared in the cost of a project.
Expenditure Highlights • Administration expenditures are related to: Arvada Center Electrical Sign, City Hall Second Floor Remodel, Court Security Upgrades, ERP Replacement, Fire System Replacement, and Peg Cable Capital Maintenance. • Technology expenditures are related to the fiber conduit boring project. • Streets expenditures are related to the Leyden Road Study, Pierce Sidewalk, Ralston Rd, and Streets Master Plan. • Traffic expenditures are related to 58th & Kipling, 86th Parkway Signal Connect, Alkire Street Trail, Leyden Emergency Prepare Study, Miscellaneous Signal Rebuild, Olde Town Street Lighting Phase 2, Tennyson Corridor, and W 92nd Drive & Candelas Parkway. • Park expenditures are for: Creekside Playground, Danny Kendrick, Gold Strike Park, Holistic Health and Fitness Park, Irrigation Improvements, Lake Arbor Community Pool, Majestic View Classroom/ Facility Improvements and Repairs, Marge Roberts Park, and Standley Lake Library Trailhead.
CAPITAL IMPROVEMENTS PROJECTS FUND Project Updates 2021 Water Main Improvements This project is a part of the annual improvement of the City’s potable water main network. The 2021 phase will improve areas of condition and capacity concerns across Arvada and will include methods such as slip lining, HDD, replace in place, and abandonment. Current Quarter’s Activities • Contract document revision was completed; the project will be posted to BidNet and will go before council by the end of 2023. Documents have undergone extensive QA/QC by the Arvada and CDM teams in preparation for revised bid posting. Internal sequencing/phasing review has resulted in major design changes that will ultimately save the City money on construction costs. • Arvada worked closely with an engineering/legal team representing Home Depot to reach a mutually beneficial easement agreement. Discussions are ongoing but reaching their conclusion. Following discussions with Home Depot’s legal team, the design initially proposed by the City was agreed upon. • Final agreement for easement between the City and a private property owner went before council October 2nd and was approved. • Final review/signatures from impacted canal companies (FRICO and Farmer’s High Line) completed early in the fourth quarter. • CDM has prepared a scope and fee for consulting services during construction, which is currently under internal review. CDM’s design work was performed under the on-call contract and construction services will also be under the on-call contract. Next Quarter’s Activities • Revised bid package will be posted on BidNet in the fourth quarter of 2023. • Contractor bids will be due November 2023. • Arvada team will continue working on easement acquisition (Home Depot, Costco). Budget Summary Total Project Budget: $4,769,551 Amount under contract: $451,640 Amount spent on contract: $444,931 Contract amount for major contracts and amount spent through September 31, 2023: • CDM’s’ Contract: $409,400 • CDM’s’ Contract Spent: $409,393 • Consor Contract: $25,740 • Consor Contract Spent: $19,037 • Farmers’ Highline Canal Spent: $10,000 • FRICO Spent: $5,500 • Church Ditch Spent: $1,000 Schedule Summary • Met Milestones: • Revisions following QA/QC for IFB drawings and specs completed. • Home Depot easement legal information and design agreed upon. • Upcoming Milestones: • Revised bid set to be posted before November 2023. • Contractor selection at end of November 2023. • Project contractor will go before council by the end of 2023. Major Concerns • Arvada team’s desire for thorough QA/QC has pushed publishing date to November 2023. • The Arvada team has been addressing construction phasing under a new construction start date and timeline. This has resulted in one segment of the project to be switched to abandonment. This will save Arvada money on construction but will delay publishing due to required design changes.
16
ENTERPRISE FUNDS Water Fund Overview The Water Fund accounts for all activities within the scope of the water utility operations including administration, operations, capital water projects, financing and related debt service and billing and collection. 2023 Budget
As of 09/30/23
$130,800,000
$130,800,000
Water Charges
$30,643,493
$18,176,023
$19,765,935
Water Fund
Revenue Highlights • Water Charges revenue has decreased as a result of the wet weather. • Tap Fees revenue decreased due to fewer large construction projects in 2023 versus 2022. The timing of new construction projects is not consistent from year-to-year so Tap Fees revenue vary.
Expenditure Highlights • The Major Capital Maintenance expenditures increased because of the Water Meter Replacement project. • Capital expenditures increased due to a payment for the Gross Reservoir expansion project occurring in the 1st quarter of 2023 and not a corresponding payment in 2022.
Beginning Fund Balance
As of 09/30/22
REVENUES Tap Fees
$10,372,000
$10,621,695
7,037,353
Interest
$686,104
$2,141,355
765,070
Other
53,063,768
5,397,559
7,505,397
Total Revenues
$94,765,365
$36,336,632
$35,073,755
Ongoing
29,466,606
16,796,752
$16,706,243
Debt Service
3,100,000
948,245
EXPENDITURES -
Major Capital Maintenance
17,185,134
2,048,100
1,483,212
Capital
76,890,678
27,910,517
12,537,483
$126,642,418
$47,703,614
$30,726,938
Income/(Loss)
(31,877,053)
(11,366,982)
4,346,817
Ending Fund Balance
$98,922,947
$119,433,018
Total Expenditures
*$27,057,600 of the Fund Balance is a cash escrow reserved in Denver Water’s name and related to the Gross Reservoir expansion. The Water Fund’s overall obligation is expected to total $120 million through 2026.
17
ENTERPRISE FUNDS
Wastewater Fund Overview The Wastewater Fund accounts for all activities necessary in the collection, transmission and disposal of sewage and wastewater.
2023 Budget
As of 09/30/23
$57,408,000
$57,408,000
Sewer Charges
$14,814,322
$10,490,598
$9,570,370
Tap Fees
$3,022,443
$1,127,905
645,224
Interest
$208,090
$967,283
181,470
Other
51,507,393
1,502,763
2,203,909
$69,552,248
$14,088,550
$12,600,973
Metro District
10,274,700
6,871,352
$7,501,304
Debt Service
3,000,000
959,048
Ongoing
4,661,349
2,933,957
2,547,091
198,706
1,140,932
1,254,449
21,175,174
2,851,862
209,623
Total Expenditures
$39,309,929
$14,757,151
$11,512,467
Income/(Loss)
30,242,319
(668,601)
1,088,506
Ending Fund Balance
$87,650,319
$56,739,399
Wastewater Fund Beginning Fund Balance
Revenue Highlights
As of 09/30/22
• Sewer Charges revenue and Tap Fees revenue increased due to the new wastewater rate, the new bi-monthly service fee and some large construction projects. • Other revenue decreased due to a retainage fee being paid in 2022 from Jefferson Center Metropolitan District (JCMD) for the Alkire Lift project and there was not similar revenue in 2023.
REVENUES
Total Revenues
Expenditure Highlights
EXPENDITURES
Major Capital Maintenance Capital
-
18
• Major Capital Maintenance expenditures had a significant increase from Q2 to Q3 due to the start of the Trenchless Sewer Main Replacement project. • Capital expenditures increased because of the Ralston Trunk Sewer Improvement project and the North Trunk Sewer Improvement project in 2023.
ENTERPRISE FUNDS
Stormwater Fund Overview The Stormwater Fund accounts for all activities necessary to maintain a stormwater management plan.
Revenue Highlights • Overall Stormwater revenue increased slightly due to the increase in interest revenue. Stormwater Fees are down compared to 2023 due to a timing issue with billing. This will recover in the 4th quarter of 2023.
Expenditure Highlights • Ongoing expenditures increased over 2022 due to the hiring of additional staff and more regulatory compliance requirements. The Capital expenditures increased due a larger number of Drainage Improvement projects.
Stormwater Fund
2023 Budget
As of 09/30/23
As of 09/30/22
Beginning Fund Balance
$4,523,000
$4,523,000
$4,014,289
$2,879,477
Interest
$88,000
$523,457
Other
16,345
47,147
66,374
$4,118,634
$3,450,081
$3,001,789
$3,365,746
$2,172,574
$1,585,658
Debt Service
864,237
648,178
646,580
Capital
7,717,977
1,146,084
744,597
$11,947,960
$3,966,836
$2,976,835
Income/(Loss)
(7,829,326)
(516,755)
24,954
Ending Fund Balance
$(3,306,326)
$4,006,245
REVENUES Stormwater Fee
Total Revenues
$2,935,415 -
EXPENDITURES Ongoing
Total Expenditures
19
ENTERPRISE FUNDS
Golf Fund Overview The Golf Course Fund accounts for all revenues and expenses of the Lake Arbor and West Woods Golf Courses, including food service operations. 2023 Budget
Golf Fund Beginning Fund Balance
As of 09/30/23
Revenue Highlights
As of 09/30/22
$(47,783)
$(47,783)
Golf Courses
$5,096,091
$5,278,574
$4,378,660
Restaurants
2,322,200
2,455,507
1,969,100
REVENUES
Construction Revenue
-
-
-
City Cash Transfer
282,570
266,430
274,028
Total Revenues
$7,700,861
$8,000,512
$6,621,788
Golf Courses
$2,817,847
$2,285,128
$2,060,350
Restaurants
2,149,305
1,855,500
1,551,067
Administration
2,732,182
2,150,090
1,781,361
• Overall revenues for Lake Arbor and West Woods increased in 3rd quarter 2023 by $1,378,723 or 20.8% over 2022. • Golf course revenue increased by 20.6% or $899,914 over 2022 numbers. The rainy weather this spring did not seem to affect revenue or golf rounds played. Golf rounds played increased by 8.2% in the 3rd quarter of 2023 at both courses. • Restaurant revenue increased as well from 2022, by $486,407 or 24.7%.
EXPENDITURES
Capital Total Expenditures
-
-
-
$7,699,334
$6,290,719
$5,392,777
1,527
1,709,793
1,229,011
$(46,256)
$1,662,010
Income/(Loss) Ending Fund Balance
Expenditure Highlights • Overall 3rd quarter expenditures increased by $897,941 or 16.7% over 2022. • In order to keep up with the higher demand from golf and restaurant customers, expenditures increased in relation to higher revenue.
Golf Rounds by Type - January - September Player Support
Super Users Annuals
Super Users Clubs
Tournament/ Corp Leagues
Grow the Game
Total
West Woods 2022
51,874
6,134
324
1,393
307
60,032
2023
57,643
5,922
374
2,051
501
66,491
Variance
5,768
(212)
50
658
195
6,459
11%
-3%
15%
47%
63%
11%
21,819 26,385 4,566 21%
8,309 4,514 (3,795) -46%
187 165 (22) -12%
489 727 238 49%
0%
30,804 31,791 987 3%
73,693 84,027 10,334 14%
14,443 10,436 (4,007) -28%
511 539 28 5%
1,882 2,778 896 48%
307 501 195 63%
90,836 98,282 7,446 8.2%
Lake Arbor 2022 2023 Variance Combined Rounds Total 2022 2023 Variance
20
ENTERPRISE FUNDS
Solid Waste Fund Overview In 2020, the Arvada City Council approved a new waste and recycling program. The City entered into an agreement with a single trash company to provide waste and recycling collection for residents. The trash and recycling services started in July 2021.
Solid Waste Fund
2023 Budget
As of 09/30/23
As of 09/30/22
Beginning Fund Balance
$405,000
$405,000
4,185,030
3,295,342
$3,222,371
263,987
26,668
28,341
$4,449,017
$3,322,010
$3,250,712
$4,095,778
$2,659,926
$3,158,522
Revenue Highlights
REVENUES Charges & Fees Other Total Revenues
• Total Revenue increased from more customers receiving trash and recycling services. There were 489 new customers in the past year.
EXPENDITURES Operating Debt Service
490,000
Other Total Expenditures
-
Expenditure Highlights -
57
-
$4,585,778
$2,659,983
$3,158,522
Income/(Loss)
(136,761)
662,027
92,190
Ending Fund Balance
$268,239
$1,067,027
21
• The Operating expenditures decreased due to a one-time purchase in 2022 of replacement parts for the trash and recycling carts.
INTERNAL SERVICE FUNDS
Internal Service Funds Overview There are five Internal Service Funds – Insurance Fund (Risk Management), Computer Fund, Print Services Fund, Vehicles Fund and Building Fund. Internal Service Funds charge internal programs and departments for use of goods and services. The Funds then pay for all associated costs of things such as purchasing insurance, vehicle purchases and maintenance, computer purchases and maintenance, and buildings maintenance.
Insurance Fund Overview The Insurance Fund, administered by the Risk Management Program of the City Attorney’s Office, accounts for the City’s self-insurance against loss. It is funded with contributions by all City departments and programs based on their levels and types of exposure. The Fund is also used for loss prevention programs, the protection of City personnel and the preservation of City property and assets.
Insurance Fund Beginning Fund Balance
As of 09/30/23
As of 09/30/22
$1,896,000
$1,896,000
$3,469,066
$2,750,885
$1,888,817
66,000
77,822
42,003
-
6,384
39,478
$3,535,066
$2,835,091
$1,970,298
$2,885,753
$2,780,736
$2,237,665
605,550
350,681
283,325
$3,491,303
$3,131,417
$2,520,990
43,763
(296,327)
(550,692)
$1,939,763
$1,599,673
REVENUES Contributions Interest Other Total Revenues EXPENDITURES Risk Management Administration
*Per GASB Statement 10, an additional $3,210,034 in cash is currently held in the Risk Management fund to cover potentially incurred liabilities as of the beginning of the year. This figure was reached by the Risk Management’s actuary for 2022.
2023 Budget
Risk Management Operations Total Expenditures Income/(Loss) Ending Fund Balance
Revenue Highlights • Revenues increased $864,793 or 43.89% over 2022. • The increase is primarily due to the increase in contributions from other funds.
Expenditure Highlights • Overall expenditures increased $610,427 or 24.21% over 2022. • Workers compensation claims increased $9,344 over 2022 due to increase in claim costs. • Liability claims increased $236,027 or 45.21% due to increased insurance premiums and the payments for sewer main break in March. • Property claims increased $288,827 or 36.48% due to increased insurance premiums, remediation for the two big wind events in Q1 and Arvada Center burst pipe. • Auto claims increased as well by $14,291 over 2022 due to increased insurance premiums and increased repair cost in general.
22
INTERNAL SERVICE FUNDS
Computer Fund Overview The Computer Fund provides resources for both ongoing maintenance and replacement of the City’s computers, network hardware, and other electronic infrastructure. It is funded with contributions by all City departments based on their levels of use of this technology.
2023 Budget
As of 09/30/23
$13,400,000
$13,400,000
Maintenance
$2,672,221
$2,150,983
$1,977,396
Replacement
1,948,381
1,825,097
4,949,959
238,000
1,039,972
192,496
$4,858,602
$5,016,053
$7,119,850
Maintenance
$3,017,448
$1,236,685
$1,491,738
Replacement
9,563,740
4,694,325
209,479
92,553
66,419
61,664
$12,673,741
$5,997,429
$1,762,881
Income/(Loss)
(7,815,139)
(981,377)
5,356,969
Ending Fund Balance
$5,584,861
$12,418,623
Computer Fund Beginning Fund Balance
As of 09/30/22
REVENUES
Other Total Revenues EXPENDITURES
Other Total Expenditures
Revenue Highlights • Replacement revenues decreased as a result of a $3,000,000 transfer from the General Fund to the Computer fund for the Enterprise Resource Planning (ERP) project in 2022. • Other revenues increased due to a larger accounting adjustment entry for daily interest in 2023 than the same entry made in 2022. The interest rate earned is much higher this year compared to last year’s rate.
Expenditure Highlights • Replacement expenditures increased due to a transfer from the Computer fund to the Capital fund for the Enterprise Resource Planning (ERP) project of $3,000,000. Minus this transfer, expenditures would be in line with 2022.
23
INTERNAL SERVICE FUNDS
Vehicle Fund Overview The Vehicles Fund provides resources for the maintenance and replacement of City vehicles and heavy equipment. It is funded with contributions by all City departments based on their vehicle inventory and use.
Vehicles Fund
2023 Budget
As of 09/30/23
As of 09/30/22
Beginning Fund Balance
$7,193,000
$7,193,000
Maintenance Contributions
$2,727,970
$1,962,630
$1,796,521
Replacement Contributions
3,844,370
2,586,891
2,213,798
346,000
1,126,180
1,927,871
$6,918,340
$5,675,701
$5,938,190
Personnel
$1,957,447
$1,359,241
$1,353,511
Maintenance
$1,531,769
$1,298,232
$1,263,612
Replacement
3,357,446
2,375,767
2,232,150
$6,846,662
$5,033,239
$4,849,273
71,678
642,462
1,088,917
$7,264,678
$7,835,462
Revenue Highlights • Overall revenues decreased a bit, 4.4% since 2022 in the 3rd quarter.
REVENUES
Other Total Revenues EXPENDITURES
Total Expenditures Income/(Loss) Ending Fund Balance
24
Expenditure Highlights • Expenditures have increased over 2022 by $183,966 or 3.8%. • In the 3rd quarter of 2023, the City purchased: • 2 F350 4x4 Supercab Truck 2023 • 2 F350 Regular Cab 4x4 Pickup Truck 2023 • 3 Ranger 4x4 Supercab Truck 2022 • Toro Turf Aerator • Doosan P185/HP150WDO-T4F • Big Tex Trailer 2023 • Ford F250 4x4 Supercab – Animal Control Unit 2023 • Vactor 2100 PD Serial #23-06V-21804 2023 • Freightliner 114SD Conventional Chassis 2023
INTERNAL SERVICE FUNDS
Print Services Fund Overview The Print Services Fund provides ongoing operational support for the City’s printing needs.
Print Services Fund
2023 Budget
As of 09/30/23
As of 09/30/22
Beginning Fund Balance
$346,000
$346,000
Print Shop
$200,000
$139,194
$160,040
Copiers
135,000
94,934
83,905
Total Revenues
$335,000
$234,128
$243,945
Print Shop
$271,421
$180,826
$178,051
Copiers
80,329
53,161
54,651
Equipment
11,500
53,949
$363,250
$287,936
$232,702
Income/(Loss)
(28,250)
(53,808)
11,243
Ending Fund Balance
$317,750
$292,192
Revenue Highlights • Overall revenue decreased 4.1% from 2022. • Printing revenue decreased 13.1% from 2022 due to fewer print jobs in 2023. • Copier revenue increased 13.1% from 2022.
REVENUES
Expenditure Highlights
EXPENDITURES
Total Expenditures
-
• Overall expenditures increased 23.7% over 2022. • Printing expenditures increased $2,774 or 1.6% over 2022 primarily due to an increase in internal service fund charges to cover risk management, building and vehicle use as well as higher labor cost. • Copier expenses saw a decrease of $1,489 or 2.7% from 2022 due to lower maintenance cost and lease charges. • Equipment expense of $53,949 reflects a large purchase to replace old equipment that was originally budgeted in 2022 but was delayed.
Buildings Fund Overview
The Buildings Fund provides resources for maintaining major portions of facility infrastructure as replacement becomes necessary. The primary types of infrastructure are HVAC equipment, parking lots, roofs, and carpet. It is funded with contributions by all City departments based on their facility occupancy.
Building Fund
2023 Budget
As of 09/30/23
As of 09/30/22
Beginning Fund Balance
$348,000
$348,000
$1,080,795
$713,108
$480,336
25,000
16,539
948
$1,105,795
$729,647
$481,284
Personnel
$71,610
$50,711
$48,300
Replacement
729,563
333,209
191,743
Revenue Highlights • Revenues include savings related to the Ameresco Energy Performance contract being transferred to the Buildings fund to help offset original construction costs. Other revenues include transfers from various City Departments. 3rd quarter 2023 has seen a 51.6% increase in revenue over the same period in 2022.
REVENUES Replacement Transfers Other Total Revenues EXPENDITURES
Equipment
-
-
Expenditure Highlights -
Total Expenditures
$801,173
$383,919
$240,042
Income/(Loss)
304,622
345,727
241,242
Ending Fund Balance
$652,622
$693,727
25
• Expenditures include a transfer to the Capital Projects fund for the Indiana Gate Project, as well as Repair and Maintenance to HVAC at the Olde Wadsworth Shops, West Woods Golf Course duct modifications, and air units at the Indiana Shops. Expenditures have increased by 59.9% over the same time in 2022.
3F BOND PROJECTS Overview: On November 6, 2018 the citizens of Arvada approved Ballot Issue 3F to fund improvements to Ralston Road and West 72nd Avenue. Municipal bonds are commonly used by cities to fund capital improvement projects. In 2018, the City finished paying off a previous bond issue, freeing up $4.5 million in annual payments already accounted for in the City’s current budget. “Debt re-authorization” allows the money from the previous bond to be applied to a new bond whose funds will be used for these new capital improvement projects.
Ralston Road
Budget
Design
$1,809,992
$2,002,343
$(192,351)
Right-of-Way
4,861,539
4,892,769
(31,230)
Construction
10,540,410
9,886,598
653,812
Miscellaneous
671,059
410,978
260,081
$17,883,000
$17,192,688
$690,312
Total Project
Actual
Remaining
Ralston Road
72nd Avenue
Ralston Road - Yukon to Garrison Bond Project Description: Ralston Road is an arterial roadway and a major east-west corridor for Arvada’s transportation network, serving 23,000 vehicle trips each day. It provides connectivity to major north-south corridors including three State Highways. The Regional Transportation District (RTD) operates five bus lines using portions of Ralston Road. The Citizens Capital Improvement Plan Committee has twice ranked Ralston Road improvements as the number one transportation priority and recommended it for funding to the City Council. The project also addresses concerns expressed in recent Arvada Citizen Surveys. The 2014 Comprehensive Plan generated transportation models indicating that the congestion, operation, and safety of Ralston Road will deteriorate with the build-out of the city, and roadways will perform at the lowest levels of services. Progress: Roadway: • Contractor completed the bottom two lifts of paving on the southeast side from Balsam to Yukon in September. During the third quarter of 2023, the contractor completed a significant amount of work on the south side of Ralston Rd. The following activities were completed on the South side of Ralston between Estes to Yukon St: curb and gutter work, underground stormwater work sidewalk pour, aggregate base course, geogrid placement, removal and replacement of faulty curb and gutter on both north and south side, median work and bottom two lifts of asphalt paving. The contractor also completed top lift/final lift of paving on side streets and south side of Ralston. Contractor is also working on completing the improvements (parking lot pavement, grading work etc.) in temporary construction easements between Garrison and Estes St. Drainage: • The contractor also completed a significant amount of remaining storm water work, manhole, water main, and water valves work on the south side of Ralston Rd between Yukon and Balsam streets (including manhole work, storm sewer pipe replacement, meter pit connections and fire hydrant work). • One sanitary sewer lateral service line at Zephyr St which collapsed during the road base preparation was also repaired by the contractor. Dry Utilities: • Most of the dry utilities (Xcel electric, Comcast and Century link) work on the north and south side are done. During this quarter, the conflicts associated with the Xcel gas line connections identified by the contractor were also relocated by the Xcel gas team. Wet Utilities: • All the wet utility connections on the south side of Ralston are also complete, except 30 ft of pipe replacement work at Yukon intersection. Challenges: • Keeping all the business access open without any disruption during the final lift of paving was a challenge to the contractor during the construction. • In the past few months, the contractor is constantly working on completing multiple items before the final lift of paving. During this process, the continuous changes in traffic pattern is challenging for the commuters and business owners and their clients. Through the City’s social media outlets, the project webpage, and direct contact with project team members, the city attempts to explain the challenges of the construction zone and upcoming final lift and any road closures. • The project team recognizes the challenges with a construction zone and the City and Contractor teams are working very closely with business owners, to take all reasonable steps to avoid as much inconvenience as possible. Next Steps: • Contractor is working on completing the improvements in the temporary construction easement area on the South side parcels between Balsam to Yukon St. • Contractor is also focusing on finishing the stamped concrete work in the medians, landscaping work and other faulty concrete sidewalk panels. • According to the current schedule, most of the work on this project will be done by the end of the year and the walk through and punch list may move to next year.
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3F BOND PROJECTS 72nd Avenue
Budget
Actual
Remaining
Design
$2,915,584
$4,920,717
$(2,005,133)
Right-of-Way
5,550,000
5,860,711
(310,711)
Professional Services
2,695,226
2,803,157
(107,931)
Construction
53,339,190
18,149,944
35,189,246
Total Project
$64,500,000
$31,734,529
$32,765,471
W. 72nd Avenue Bond Project Description: W. 72nd Avenue is an arterial parkway and a major east-west corridor for Arvada’s transportation network, serving 21,000 vehicle trips each day. It provides connectivity to major north-south corridors including three State Highways. The regional corridor not only serves all of Arvada, it provides access to Westminster and Golden/Jefferson County. The Citizens Capital Improvement Plan Committee twice ranked improvements to W. 72nd Avenue as a high priority. The project also meets concerns expressed in recent Arvada Citizen Surveys. The 2014 Comprehensive Plan generated transportation models indicating the congestion, operations, and safety of W. 72nd Avenue will deteriorate with the build-out of the City and roadways will perform at the lowest levels of service. Progress: • Construction Package 1 - CP-1 (tree removal, utility relocation for the entire corridor, and new utilities). Comcast and Lumen are working to relocate utilities in the corridor. SEMA has met their contract deadline and is complete with CP-1. • Construction Package 2 - CP-2 (Swadley to Oak). Work includes utilities and full roadway reconstruction. 100% Plans signed/stamped were received in February 2022. CP-2 began in March 2022. Currently, CP2 is on schedule to be completed in Feb 2024. Some delays have been experienced due to dry utility companies’ failure to relocate their facilities; however, they have not impacted the critical schedule. Weather delays during an unusual spring and summer have slowed progress but CP-2 is still on schedule. Several work tasks originally planned for CP-3 were moved into CP-2 so that it could be completed despite delays in the railroad design. Most of this work was completed from June through September of 2023. The change order for this work transferred about $2.0 million from CP-3. CP-2 is now increased to $24.7 million. • Construction Package 3 - CP-3 (Oak to Kipling, including the UPRR underpass) has five components: 1) bridge structure; 2) railroad shoofly; 3) temporary vehicular bypass; 4) roadway design plans; and 5) Construction and Maintenance Agreement (C & M Agreement), which are at varying stages of review by UPRR (Union Pacific Railroad) and the City. UPRR reviews have been occurring outside the expected timelines. 60% bridge plans have been approved with conditions from UPRR in September 2023. The team is now working on getting the 25% roadway, roadway detour and railroad-shoofly plans approved and scheduling the site visit to move on to the next phase. Anticipated Notice to Proceed is Q4 of 2024. • Project scheduling will remain fluid until there is a better understanding of the UPRR coordination and response time. Construction Package 2 underway. UPRR reviews and timelines continue to be unpredictable. The length of the UPRR review process has now created a gap of at least 8 months between the completion of CP-2 and the expected start of CP-3. Project Challenges: • For the underpass excavation component of CP-3, the project team is developing a plan to mitigate underpass excavation and dewatering issues and possible environmental issues. Options include discharging groundwater to the public sanitary sewer system and treating for heavy metals using a Baker Truck removal system, thus allowing discharge into the storm sewer system. A possible test hole is being considered at a City-owned property at the 72nd and UPRR intersection to better understand the dewatering method needed to waterproof the underpass excavation limits. • Sonheim Underground Stream - The project team is assessing how the underpass may cut off underground stream flow to several properties on the south side of 72nd. A french drain is being proposed to recharge the water table in that location. Assessments are ongoing. Construction of this drain has begun in the CP2 portion of the project. • UPRR has approved 60% bridge plans with conditions during September 2023. Remaining and new comments are currently being addressed towards submitting 90% plans. A site visit is required for approval of the 30% roadway & track plans. The City is looking for other approaches to get the UPRR to schedule the site visit sooner and also begin work on the C&M agreement while design details are finalized. • The project team continues to work with dry utility contractors to get their infrastructure relocated and to keep our contractor, SEMA, moving on the roadway and utility portion of the project. There are currently only a few of these utility tasks remaining. • Record rainfalls from May-July have delayed construction work multiple days. This has not yet affected the CP2 schedule but has reduced days of project float. Right of Way (ROW): • The final parcel of the 72 parcels to be acquired was closed in August 2023. • Temporary easements were extended for 6 parcels using the 3-month option in the agreements. Work is almost complete in the remaining temporary easements. Other Challenges: • Arvada’s citizens’ interest remains high in the construction progress. The City’s team of representatives continues to respond to all inquiries in a professional and timely fashion. • Comments from our citizens range from temporary/permanent fence, traffic, signals, walls, potholes, stairs, and safety. • Many of the homeowners are pleased with the work done to their property such as driveway replacements. • The project team has made a significant effort to keep all users safe during construction. • We have been coordinating with both schools in the area to understand typical drop-off and pick-up patterns. Work requiring road closures has repeatedly been scheduled during school vacations in order to minimize impacts to school traffic. • Periodically we have project team members at the major intersections to remind students/pedestrians to be safe while waiting to cross the street. • We have lowered the speed limit through the construction zone to 25 mph. • We have asked the Arvada Police Department to periodically enforce through the construction zone. We have seen the police department doing just that at different times over the last few months. • We have deployed digital speed signs to inform drivers of their speed and hopefully make them aware that they should slow down. • We have circulated pedestrian maps to show the public which sidewalks are open through the construction zone. Next Steps: • Continue working with the UPRR to have them review plans in a timely manner and to get the on-site visit review complete. The City is requesting to begin negotiation of the C & M (Construction and Maintenance) Agreement in late 2023. • Continue development of a construction organizational chart to allow the City team to forecast construction staffing needs for the different construction packages. Inspections will be a combination of City staff and Owner’s Rep staff. • Continue coordination efforts with stakeholders, including the UPRR, Xcel Energy, Jefferson County School District, and Lincoln Academy, to allow a smooth transition from design to construction.
Item to note: The project team has worked with zero injuries and zero lost work days!
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CITY OF ARVADA INVESTMENT REPORT
Investment Portfolio Objectives The City maintains a conservative investment policy with the primary objectives of safety, liquidity, and yield. Consistent with this policy, the portfolio of securities is invested in U.S. Treasuries, U.S. Agencies; local government investment pools (LGIPs), commercial paper, and corporate debt subject to rating restrictions and concentration limits which are outlined in the City’s investment policy. The City-managed investment portfolio is administered to provide sufficient liquidity to meet all reasonably anticipated operating cash needs without selling securities prior to maturity. The portfolio controlled by PFM is actively managed which means that investments may be sold prior to maturity and reinvested in order to achieve the desired duration, yield or diversification of the portfolio.
PORTFOLIO CHANGES Par Value as of 9/30/23
Par Value as of 9/30/22
Difference
$2,755,892
CITY-MANAGED PORTFOLIO MM/Savings/ Cash
$10,376,686
$7,620,794
LGIP
22,169,147
46,696,889
Time CD
-
(24,527,742) -
-
Corporate
33,084,000
28,068,000
5,016,000
Municipal
18,850,000
21,850,000
(3,000,000)
US Agency
148,135,000
126,400,000
21,735,000
US Treasury
The City’s investment policy requires a minimum A- rating from two credit rating agencies. The Credit Quality graph is based on the S&P rating only, the Subtotal - City other two agencies are Moody’s and Fitch.
25,000,000
20,000,000
5,000,000
$257,614,833
$250,635,683
$6,979,150
Economic Outlook
$395,000
PFM-MANAGED PORTFOLIO Negotiable CD
The third quarter of 2023 saw one more Fed rate hike in July, ending at 5.50%. While the U.S. banking system is resilient and sound, the tightening of credit conditions for consumers and businesses continues to impact inflation, hiring, and economic activities. The Consumer Price Index (CPI) declined modestly, excluding food and energy prices, and remains well above the Fed’s 2.0% target. The U.S. government’s rating was downgraded from AAA to AA+ by Fitch due to rising debt. Treasury returns were mixed, with shorter durations receiving the most benefit.
17,700,000
12,275,000
5,425,000
Municipal
2,550,000
3,480,000
(930,000)
US Agency
8,190,000
17,460,000
(9,270,000)
US Treasury
26,990,000
21,990,000
5,000,000
Subtotal - PFM
$55,825,000
$55,205,000
$620,000
CONSOLIDATED PORTFOLIO MM/Savings/ Cash
$10,376,686
$7,620,794
$2,755,892
22,169,147
46,696,889
(24,527,742)
-
-
395,000
-
395,000
Corporate
50,784,000
40,343,000
10,441,000
Municipal
21,400,000
25,330,000
(3,930,000)
US Agency
156,325,000
143,860,000
12,465,000
US Treasury
51,990,000
41,990,000
10,000,000
$313,439,833
$305,840,683
$7,599,150
Total - Combined
CONSOLIDATED PORTFOLIO ALLOCATION
CONSOLIDATED MATURITY DISTRIBUTION
US Treasury 16.6%
26.1%
30.0%
26.0%
25.0%
18.6%
20.0%
MM/Savings/Cash 3.3%
15.0%
12.1%
9.8%
7.4%
10.0% 5.0%
LGIP 7.1% Municipal 6.8%
$395,000
Corporate
The City’s total investment portfolio increased to $313 million. Portfolio LGIP yields have increased and year to date interest earnings totaled nearly Time CD $5 million. The total unrealized loss is $15.7 million, with no loss realized Negotiable CD because the City holds its investments until maturity at par.
US Agency 49.9%
$-
0.0%
Corporate 16.2%
0-.25
.25-1
1-2
2-3
Maturity (years)
28
3-4
4-5
CITY OF ARVADA INVESTMENT REPORT
PORTFOLIO PERFORMANCE 9/30/2023
9/30/2022
PORTFOLIO CHARACTERISTICS Difference
City
PFM
1.94
2.46
City Interest Earnings
$4,465,512
$2,075,617
$2,389,895
Duration to Maturity (yrs)
PFM Interest Earnings
528,245
481,404
46,841
Yield to Maturity at Cost
2.400%
2.500%
Total Interest Earned
$4,993,757
$2,557,021
$2,436,736
Yield to Maturity at Market
5.170%
5.120%
YTD City Portfolio Yield
2.46%
1.28%
+118 bps
YTD PFM Portfolio Yield
2.08%
1.21%
+87 bps
YTD Benchmark
3.91%
1.07%
+284 bps
City
PFM
Total
Par Value
$257,614,833
$55,825,000
$313,439,833
Book Value
257,092,241
55,357,134
312,449,375
Market Value
244,181,960
52,475,957
296,657,917
Unrealized Gain /(Loss)
$(12,910,280)
$(2,881,177)
$(15,791,457)
CREDIT QUALITY (S&P RATING)
ACCOUNT SUMMARY AA category, 79.7%
AAA category, 10.3% BBB+ category, 1.0%
A category, 9.1%
Investment Management Focus - 2023 • The yields in the LGIP pools continue to rise and the City uses liquidity from LGIPs to invest excess cash. • Portfolios will be extended methodically to bring yields closer to benchmarks as the yield curve remains extremely inverted. Non-Treasury sectors such as municipals and supra-nationals may help with duration as their yields remain tight. Corporate spreads widened while their high yield spreads offer cushioning if economic conditions deteriorate. • PFM actively trades in order to reinvest the proceeds into a more attractive investment with higher potential future earnings. They will maintain a short and defensive duration bias until Fed rate hikes are officially over. Asset-backed security spreads remained unchanged with strong demand and lower rate volatility offers support over the medium-term.
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GRANT INFORMATION Overview:
The City is in the proecess of implementing AmpliFund, a grants management software. Future financial updates will include additional information.
Grants Management
2023
PROSPECTING
$163,520
PENDING GRANT REQUESTS (2023)
$50,000
AWARDED (2023)
30
$3,889,726
WE DREAM BIG AND DELIVER
Safe Community BY 12/23 MAINTAIN A VIOLENT CRIME RATE LOWER THAN 80% OF THE CITIES IN THE STATE OF COLORADO WITH A POPULATION OF 100,000 Annually, 80% of calls with a priority of “0” or “1” will have less than 5 minute response time By 12/22, implement a comprehensive Traffic Safety Strategy and Operational Plan with collaboration between the police department, traffic engineering and streets maintenance programs to ensure high level traffic safety and operation standards By 12/23, design and implement Code Enforcement Measure focused on proactive inspections for designated retail commercial areas
4/1/19-12/31/25 Completed 9/1/22-9/30/22
Infrastructure BY 12/24, COMPLETE A PAVEMENT PROGRAM PLAN, PROVIDE FINANCIAL OPTIONS FOR CITY COUNCIL IN ORDER TO ELIMINATE THE STREET MAINTENANCE DEFICIT AND DEVELOP AN IMPLEMENTATION PLAN TO ADDRESS AND PRIORITIZE FINDINGS By 12/22, evaluate and develop policy direction for streets maintenance including ADA compliance requirements Completed By 12/22 all new development in the City complies with ADA requirements and 2021 updated engineering standards Completed By 7/24, obtain city council support and direction after completing research and developing the business case for dedicated funding to street maintenance 9/1/21-7/1/24
Community and Economic Development BY 12/25, FULLY ALIGN THE CITY’S ECONOMIC DEVELOPMENT EFFORTS WITH THE COMMUNITY’S VISION EXPRESSED IN THE COMMUNITY SURVEY AND BUSINESS SURVEY By 12/21, AEDA will be re-accredited by the International Economic Development Council Completed By 12/21, establish a community outreach program that helps the community define its economic development goals Completed By 12/22, develop policies, procedures and standards for all the events occurring in Olde Town to ensure safety and quality for the community Completed By 12/23, establish a plan to build a hospital in Arvada in collaboration with a regional healthcare provider 9/1/21-12/29/23 By 12/25, develop options for the Harvest Festival targeting the alignment of the Harvest Festival Committee and City goals. 6/1/23-12/31/25
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WE DREAM BIG AND DELIVER
Vibrant Community and Neighborhoods BY 12/25, A SUSTAINABILITY PLAN WILL BE COMPLETE AND READY FOR CITY COUNCIL APPROVAL AND IMPLEMENTATION BEGINNING IN 2026 By 6/23, work with the Arvada Sustainability Advisory Committee in the development of the scope of work for the update of the Sustain Arvada Plan Completed By 12/22, begin hiring process for a new Sustainability Coordinator Completed By 12/25, Complete Arvada’s Sustainability Plan including an inventory of existing sustainability actions to determine level of service needs 6/1/23-12/27/24
Organizational and Service Effectiveness BY 12/24 BASED ON LONG-TERM FINANCIAL PROJECTIONS AND UPDATED MASTER PLANS, DEVELOP FINANCIAL RESILIENCY RECOMMENDATIONS TO ENSURE ADEQUATE AND ONGOING INVESTMENT IN CITY INFRASTRUCTURE AND CORE SERVICES. By 12/2022 using information assembled as part of the 2023-2024 budget development process and current master planning efforts, prepare a summary of long range unfunded needs by work system Completed By 12/2023 develop a city-wide consolidated level of service summary 3/31/22-12/29/23 By 12/2023 prepare an exhastive list of funding source opportunities for closing identified infrastructure and core service funding gaps 2/1/23-12/29/23 Continuously, research, track, apply for and deploy awarded grant funding 6/1/23-12/31/25
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