Monday, November 9, 2020 Vol. 130, No. 24

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Monday, November 9, 2020

Vol. 130, No. 24

Fort Collins chosen for Bloomberg project The philanthropy project will aid in City finances By Molly O’Shea @Molly_O23

Bloomberg Philanthropies has chosen the City of Fort Collins to participate in the What Works Cities City Budgeting for Equity and Recovery program. The program seeks to enhance different cities’ use of data, according to Bloomberg Philanthropies What Works Cities website. “This work in data management lays the groundwork for the City to incorporate data and evidence in a more systematized and robust manner prior to the hiring of a data manager who will work across all areas of the City,” the website reads. Fort Collins Mayor Wade Troxell and City Manager Darin Atteberry wanted to “help advance the City’s use of data and evidence to improve its ability to deliver results for residents, both through increasing internal use of City data as well as making more data available through the City’s open data portal,” according to the website. Goals for the program include accessing and spending COVID-19 relief funds, having financing that strengthens budget health, increasing revenues that do not impact low-income families negatively and incorporating an “equity analysis” into budgetary decisions, according to What Works Cities’ website. According to The National League of Cities, cities are projected to lose $360 billion in revenue over the next three years while still needing to deliver community services, and almost 90% of cities are expecting revenue shortfalls after the COVID-19 pandemic. Troxell, among other City financial leaders, will learn from the finance experts from various sectors and participate in educational workshops with peers, according to City of Fort Collins News. They will also receive $100,000 valued assistance of customized technical support. PHOTO BY LUCY MORANTZ THE COLLEGIAN

see PRESIDENT-ELECT on pages 8 & 9 >>

see BLOOMBERG on page 4 >>


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