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Denver City Council Approves $7.46M Rescission of Unused Capital Improvement Funds

  • When: 2025/11/24
  • Address: Citywide, Denver, CO
  • City: Denver
  • State: CO
  • Category: Infrastructure Development
  • Subcategory: General Infrastructure
  • Asset Class: Commercial
  • Property Type: Urban Office
  • Size (Dollars): $7,460,261.00

The Denver City Council approved an ordinance to rescind $7,460,261.00 in unused funds from a variety of completed and deferred capital improvement programs. This action, initiated by the Department of Finance, is part of an annual review to clean up unspent funds from project contingencies or instances where costs were lower than initial estimates. The rescission releases these funds from their original appropriation limits. The money will be returned to the city's capital improvement fund for re-appropriation in the 2026 Capital Improvement Plan, allowing the city to fund new projects. The recovered funds come from dozens of sources, including building maintenance, transportation projects, park improvements, and public safety facilities.

Source

Applicant - Denver Department of Finance


City Representative - Nikki McCabe