On the agenda: Greeley Citizen Budget Advisory Committee Meeting — DATA CENTER (Oct 28)

Citizen Budget Advisory Committee

5:00 – 6:30 PM, October 28th, 2026
1001 11th Ave, Greeley, CO 80631
2nd Floor Colorado Conference Room 227
Zoom Meeting
Meeting ID: 825 2207 4466

AGENDA
•

CALL TO ORDER

•

ATTENDANCE & ANNOUNCEMENTS

•

APPROVE MINUTES FROM SEPTEMBER 23RD, 2026

•

DISCUSSION ITEMS
o Quarterly Treasurers Update
o 2027 Budget Recap/lessons learned

OTHER TOPICS
o Director’s Update Review
o 2027 Goals/Objectives Preliminary Discussion
o Future Meetings Agenda Review/3-month Look Ahead
•

PUBLIC INPUT

•

ADJOURNMENT

CBAC meets on the fourth Wednesday every month at 5:00PM. For information on how to place an item on the agenda, email:
[email protected] at least one week prior to the scheduled meeting date.

CITIZEN BUDGET ADVISORY COMMITTEE
Wednesday, September 23, 2026 - 5:00 p.m.
Committee
Members
Barry Eastman
Anthony McCune
John Shull
Merrie Foreman
Lori Williams
Laura Gurney
Nicole Riner
Sonya Oster

Present
X
X
X

X
X
X

Absent

X
X

ATTENDING GUESTS & CITY PERSONNEL:
Roch Labossiere, IntPE*, MEng, PMP: Civil Engineer IV, Capital Program Manager
Kalen Myers: Budget & Policy Deputy Director
Laura Delp: CBAC Secretary
Vanessa Costanza: Budget Analyst II
Megan Kennedy – Public Attendee

CALL TO ORDER

The meeting was called to order at 5:00pm.

ATTENDANCE & ANNOUNCEMENTS

Members were advised that Tyler Mowry had resigned his position on the committee.

APPROVE MINUTES FROM AUGUST 26th, 2026

The minutes from the August 26th, 2026 meeting were unanimously approved. The committee confirmed that quorum
was present and considered approval of the previous meeting minutes. It was moved and seconded to approve the
minutes and the document approved with one member, who had not been in attendance, abstaining.

KEEP GREELEY MOVING
Roch Labossiere provided an update to the committee on the Keep Greeley Moving program, including results from
the 2025 pavement and concrete work and the proposed 2026 work plan. The 2025 contracts were completed at an
estimated final cost of approximately $16.74 million, which was approximately 5.8% below the combined contract
value. About $10 million supported pavement work and approximately $6.6 million supported concrete work. Roch
emphasized that the savings reflected efficient project delivery and did not represent a reduction in the planned
scope of work.
The 2025 pavement program used approximately 35,000 tons of asphalt and treated roughly 51 miles of roadway.
The concrete program addressed approximately 9.59 miles and included numerous accessible concrete-ramp
installations. Roch explained that each road receives a treatment appropriate to its individual condition and role in
the transportation system. Selection decisions consider roadway condition, type and classification of the roadway,
traffic volumes and level-of-service needs, visible distress such as cracking, the projected consequences of deferred
maintenance, lifecycle costs, available funding, and opportunities to coordinate work with other City projects. The
intent is to preserve streets before deficiencies become more extensive and substantially more expensive to repair.

For 2026, approximately $10.7 million is planned for roadway work covering an estimated 25.9 miles. The plan
includes approximately 14.4 miles of surface treatments, with the balance of funding supporting overlays and
reconstruction. It was clarified that annual lane miles are not the sole indicator of program value because each
treatment type has a different cost, purpose, and expected service life. Four bids had been received for the
upcoming contract, and award of the contract was still pending.
The overall Keep Greeley Moving budget was approximately $23 million. Approximately $10.7 million was planned
for annual roadway work, while approximately $12.8 million was available for other high-priority infrastructure needs.
These investments include Centerplace improvements, downtown revitalization work, road-surface treatments,
sidewalk projects, and missing sidewalk connections. One identified sidewalk project is planned along 4th Street
and 23rd Avenue between A Street and 6th Street. The program is intended to balance preventive preservation,
reconstruction, pedestrian improvements, and Council-established infrastructure priorities.
The committee also received background on the program’s dedicated revenue source. Keep Greeley Moving is
funded through a 0.65% sales tax on eligible purchases, excluding food purchases, for roadway and infrastructure
replacement and repair. The tax is scheduled to sunset at the end of 2029, and the City anticipates seeking voter
renewal in November 2028. The importance of tracking expenditures, completed projects, and public outcomes so
the City can communicate clearly how the revenue has been used was stressed.
Members asked about the reduction in annual pavement and concrete spending from 2025 to 2026. Roch explained
that the program maintains fund balance to manage large annual contracts and provide flexibility for targeted
infrastructure investments. Centerplace was identified as a particularly important investment because it is expected
to carry increased traffic during construction phases associated with the Merge project and related interchange
work. The fact that the tax supports citywide roadway repair and replacement while allowing the City to direct
resources toward critical infrastructure needs was reiterated.

FOOD TAX UPDATE PRESENTATION
Kalen Myers gave the committee its annual update on the Food Tax Fund. The committee serves as the citizen
advisory body for the Food Tax and is responsible for reviewing expenditures, raising questions or concerns, and
providing recommendations when appropriate.
The food tax is a 3% tax on food purchased for home consumption, such as grocery items. It is separate from the
City’s general 3% sales tax. In 1990, Greeley voters repealed the local exemption that prevented food from being
taxed, allowing the City to impose the tax. The tax was renewed every five years until voters approved it
permanently in 2024. Food tax revenue is dedicated to capital improvement purposes.
Food tax revenue is approximately $12 million annually, although collections vary according to taxable food sales
and economic conditions. The fund is an important source of capital maintenance and replacement funding for the
City. Unlike Keep Greeley Moving, which is focused on streets, or development impact fees, which generally support
infrastructure needed for new growth, food tax revenue can be used to address a broad range of existing City
infrastructure needs including the acquisition, construction, improvement, maintenance, and repair of streets, parks,
recreation facilities, and public buildings.
Over the previous decade, food tax revenue generally increased because of population growth and inflation.
Average annual revenue during the reviewed period was approximately $9.4 million, with recent collections reaching
approximately $11 million to $12 million annually. However, 2024 and 2025 revenues were close to one another, and
2026 collections were projected to be approximately 1% below 2025. This trend was consistent with broader salestax performance and would continue to be monitored, but it was not considered an immediate concern.

Food tax expenditures vary from year to year because capital projects often span multiple years and expenditures
occur at different points in project design, procurement, and construction. The fund maintains a separate fund
balance to help support major projects and manage uneven annual spending.
Over the prior five years, approximately $46 million in food tax revenue was spent on capital projects. Approximately
$14 million, or 31%, supported safe and accessible City buildings, including emergency facility repairs, HVAC
replacements, roof replacements, flooring, and other building-system needs. Approximately one-quarter of historical
spending supported roads, although this share is expected to decline because the City has not transferred food tax
revenue to roads since 2022, after Keep Greeley Moving became the primary dedicated roadway funding source.
Approximately $8 million supported parks, including irrigation systems, playground maintenance, shelters, and
restroom improvements. Additional funding supported recreation amenities, including the Senior Center, Recreation
Center, Rodarte Center, and Ice Haus, as well as trail maintenance. Kalen noted that these investments may not
always be highly visible, but they address important safety, access, and facility-function needs that become
apparent when maintenance is deferred.
The 2027 budget and five-year Capital Improvement Plan include approximately $4.5 million annually for capital
maintenance needs, including facilities, parks, roofs, pools, and similar infrastructure. However, annual maintenance
funding was reduced by 25% over the next three years to accommodate certificate of participation repayment
obligations associated with major capital projects. Kalen described deferred maintenance as an ongoing concern
and indicated that grants, additional revenue, or project savings would be directed toward restoring maintenance
funding whenever possible.
Major planned food tax investments include a $7 million City contribution to the Greeley-Weld County Airport’s
Wingway Road development. The project is being completed in partnership with Weld County and includes Federal
Aviation Administration grant funding. It was identified as a Council priority. The 2027 budget also includes highpriority HVAC replacements at the Recreation Center and Active Adult Center.
Food tax revenues are planned to support several debt-related commitments. Approximately $9 million over the fiveyear period is planned for West Greeley certificate of participation repayments beginning in 2027. The repayment
obligation is expected to shift in later years to share costs with the Quality-of-Life Fund. Civic Campus certificate of
participation repayments are expected to increase beginning in 2029 and continue through 2031 at approximately
$4.3 million annually. Because Civic Campus financing includes deferred interest, future payments will become
substantially higher, and the City is planning for the obligation through the food tax fund balance.
The City is also preparing for future Merge Transportation Project TIFIA loan repayments expected to begin around
2030. The financial planning model used an interest-rate assumption of approximately 4.75%. Although the City may
be eligible for a 50% rate discount, Kalen stated that the discount was no longer considered guaranteed under
federal guidance. The City is therefore using a conservative Treasury-rate-based assumption while continuing to
pursue the potential discount through federal advocacy.
The food tax program includes an income-qualified rebate program. Eligible households may receive a rebate of
$100 per person to offset food tax paid. Kalen reported that use of the program has increased each year and that
funding is reserved for eligible participants.
The committee discussed the pending ballot measure for a 0.6% sales-tax increase. If approved, the new revenue
could support several capital categories currently funded through food tax. It could remove the West Greeley
certificate of participation repayment from the food tax fund and potentially shift all or part of the Civic Campus
repayment obligation as well. This would reduce pressure on food tax revenues and could allow the City to restore
additional capital maintenance and replacement funding. The City’s current financial planning, however, does not
assume that the ballot measure will pass.

Members expressed concern about the timing and process through which the ballot measure advanced. Members
stated that the committee was not afforded a meaningful opportunity to provide input before the proposal moved
forward, despite an earlier expectation that a measure would not be pursued. Kalen acknowledged that the process
was unusual and that several stakeholders were surprised by the timing. Members also expressed uncertainty about
voter reception and noted that polling suggested the measure could face challenges. The committee did not take
formal action, but it clearly documented concern about its opportunity to participate in the process.

CBAC BUDGET RECOMMENDATION STATEMENT
The committee reviewed the draft Citizen Budget Advisory Committee budget-recommendation statement included
in the meeting packet. The purpose of the review was to confirm that the statement accurately represented the
committee’s earlier discussion and informal email approval. Nathan Mosley would prepare a formal memorandum
and send it to members for a final email vote. The final vote would then be included in the official meeting record.
The committee discussed presenting the statement to Council during an upcoming work session. Members
preferred the October 13 work session rather than a later meeting because it would occur before the second budget
reading. Members indicated that the draft statement was acceptable as written, subject to any final edits identified
before the formal email vote.
The committee asked about recent budget adjustments reported publicly, including an additional $150,000 for
Culture, Parks and Recreation Department services. Kalen explained that the City Manager’s Office made several
adjustments between the summer budget work sessions and the Council retreat. These included an additional $3
million for capital improvement projects funded through the Public Improvement Fund and one-time funding of
$150,000 for part-time and seasonal staffing supporting natural areas, trails, and museums. The staffing support
responded to public feedback regarding service reductions in those areas.
Kalen also explained that the budget included a recommended 2% non-base-building employee payment to assist
with health insurance costs. This payment was not a permanent base-pay increase. Members noted that the
changes reflected responsiveness to public feedback and Council interest. The committee agreed to move the
budget-recommendation statement forward for formal approval.

AI/DATA CENTER
The committee discussed whether it should receive financial information concerning the proposed data center
project. Kalen stated that the project remained in preliminary stages, with negotiations and related discussions still
underway. A formal financial presentation was not available at that time, but the group agreed that a future
presentation to the committee would be appropriate once project details become more defined.
Kalen indicated that the project could create substantial revenue opportunities for the City, particularly through usetax revenue associated with the technology refresh cycle. Because data-center equipment may need to be replaced
or modernized every five to seven years, the City could receive use-tax revenue repeatedly as new equipment is
installed. However, the specific fiscal effects remain uncertain until negotiations and project details are finalized.
The committee recognized that the project is controversial and that public education will be important. Members
noted that the community will likely evaluate the project in part based on potential public benefits, including revenue
generation and the City’s intended use of new revenue. Kalen agreed that the committee could serve as an
important audience for a financial and policy discussion once sufficient information is available.

DIRECTOR’S UPDATES
Kalen reported that the City Council budget retreat was productive. The City Manager and budget staff presented
information to Council, including the committee’s budget-recommendation statement. The committee’s feedback

was described as helpful in setting the tone for Council’s discussion and demonstrating that the committee had been
actively engaged in the budget process.
Council did not request substantive changes to the financial assumptions or budget figures during the retreat. Given
the difficult budget cycle, anticipated reductions, and challenging policy discussions, the budget staff viewed the lack
of major requested revisions as a positive outcome. Final adoption remained subject to the first and second
readings of the budget, but the retreat provided Council an opportunity to identify concerns or request changes
before those readings.
Kalen announced that two new budget analysts had joined the budget team. The additional capacity was described
as beneficial to the City’s financial planning, budget analysis, and public-engagement work.
The committee also discussed the budget roadshow presentations being conducted throughout the community.
Nathan planned approximately 10 presentations to provide information about the 2027 budget, answer questions,
correct misconceptions, and provide context beyond what may be available through news coverage or public
comment alone. It was reported that the presentations had generated constructive questions and productive
dialogue rather than highly confrontational feedback.
Members noted that direct public engagement can strengthen confidence and trust by helping residents understand
the work behind budget decisions and providing visible City contacts. The committee viewed the roadshow effort as
a valuable result of the budget cycle.

AGENDA PLANNING 3-MONTH LOOK AHEAD
The committee reviewed potential agenda items and meeting priorities for the next several months. The next
meeting was expected to include a Treasurer’s update, continued work on committee governance documents, a
discussion of the 2027 budget after Council action, and consideration of additional projects or issues requiring
committee attention. Members also discussed whether a December meeting would be needed, recognizing that
quorum has historically been difficult to achieve during that month.

CBAC Bylaws and Ordinance Drafts Review
The committee discussed the continued development of formal bylaws and a related ordinance amendment. The
bylaws are intended to clarify quorum requirements, membership considerations, governance procedures, and other
operational matters. Laura anticipated that the ordinance and bylaws package could potentially be presented to
Council in December after legal review and final documentation are complete. Laura is awaiting final clarification
from the City Attorney’s Office regarding one remaining issue before completing the documents. The proposed
ordinance is necessary because the City Code must be amended to allow the committee to establish membershipcomposition preferences. The intended membership preferences are not mandatory requirements, but would
provide guidance for Council when considering candidate appointments, including a preference for broad
geographic representation across Greeley to ensure that the committee represents the community as a whole rather
than being concentrated in only one or two wards.

Project Updates
The committee discussed agenda priorities for the October and November meetings. Members requested updates
on matters that could affect the City’s financial outlook, capital planning, or the committee’s work. The committee
agreed that future agendas should remain flexible enough to address significant developments while avoiding
unnecessary meetings.
The committee considered whether to hold a December meeting. The preliminary consensus was not to schedule a
December meeting unless a clear need emerges, at which time a meeting may be added.

2027 Goals/Objectives Preliminary Discussion
The committee discussed having a preliminary conversation about its 2027 goals and objectives at the next meeting
in October. The purpose is to identify the committee’s priorities, desired work plan, and key areas of focus for the
coming year. Members would be asked to consider the role they want the committee to play in budget oversight,
public communication, capital planning, financial education, and other issues that may arise during the upcoming
budget cycle to help create a clearer and more proactive committee work plan rather than relying solely on agenda
items that arise during the year. The committee recognized that identifying goals early will help budget staff prepare
appropriate presentations, schedule relevant discussions, and ensure the committee’s advisory role is aligned with
City budget and policy timelines.

2027 Budget Recap
The committee discussed conducting a high-level review of the 2027 budget after Council’s budget readings to
understand where the budget ultimately lands, identify any significant changes made through the Council process,
and determine whether there are outstanding matters that require committee attention.
Members discussed the timing of the recap and whether it would be more useful after first reading or after second
reading. The committee concluded that a discussion after second reading would provide the most complete picture.
The recap is intended to focus on major budget outcomes, material amendments, unresolved issues, and responses
to significant questions raised during the budget cycle rather than repeat prior presentations.

CBAC Communication Subcommittee Update
The Communications Subcommittee provided an update on its work with Nathan and C&E staff, particularly
concerning the budget roadshow and public information resources. Members reported that the roadshow
presentations have created productive opportunities to engage residents, answer questions, and provide accurate
information directly from City sources.
The subcommittee encouraged members to review the Speak Up Greeley webpage, particularly the section
addressing the 2027 budget, and to direct residents to the webpage when questions arise so the public may access
reliable information that provides more depth and context than news headlines or informal discussion.
It was noted that referring residents to official resources can reduce the burden on individual staff members while
increasing public understanding of the City’s budget process. The group agreed that the roadshow and website
efforts strengthen communication, improve access to information, and help establish the City as a more accessible
source of information for residents.
The subcommittee discussed its future meeting schedule and considered whether meetings should occur bimonthly
or quarterly. Members generally supported a quarterly schedule, while retaining the flexibility to add meetings if
communication needs or emerging issues require more immediate attention. It was pointed out that the budget
roadshow and website have been substantial fall projects that continue to produce useful results.

GlobalAI
The committee requested that GlobalAI be considered as a potential agenda item for a future meeting, likely once
sufficient information is available to support a meaningful presentation. Members recognized that the project is
developing quickly but that negotiations, financial analysis, and project details may need additional time before a
substantive public discussion can occur.
The committee also discussed the relationship between the project and the City’s broader financial outlook.
Members noted that the pending ballot measure could affect future budget amendments and funding decisions. If
the ballot measure passes, the City may need to discuss resulting changes in revenue assumptions and capital

commitments. If the measure does not pass, the City will continue under its existing revenue assumptions and
budget constraints. Members agreed that the committee should remain prepared for either a brief update or a more
comprehensive GlobalAI presentation as project information becomes available.

PUBLIC INPUT
No public input was offered.

ADJOURNMENT

The meeting was adjourned at 6:16pm.

Next Regular Meeting:
October 28th, 2026
5:00-6:30 p.m.

City Center South - 1001 11th Ave, Greeley, CO 80631
2nd Floor Colorado Conference Room 227
Zoom(https://greeleygov.zoom.us/j/82522074466)

Nathan Mosley
Budget & Policy Director

Barry Eastman
Chairperson

To:
Cc:
From:
Date:
Subject:

Mayor Dale Hall and City Council
Brian McBroom, City Manager
Allena Portis, Chief Financial Officer/Deputy City Manager
Nathan Mosley, Director of Budget & Policy
Barry Eastman, on behalf of the Citizen Budget Advisory Committee (CBAC)
October 13, 2026
2027 CBAC Budget Review and Recommendation

_____________________________________________________________________________________________

Background: The Citizen Budget Advisory Committee meets monthly to review, discuss and provide
feedback and advice to City staff regarding the budget process. CBAC also reviews the City Manager's
recommended budget annually and provides their recommendations to the city council.
Committee Discussion: After multiple meetings discussing Target-Based-Budgeting and gaining insight
into the challenges surrounding the City’s general fund structural deficit, as well as conducting a thorough
review of the proposed budget, the board recommended that the 2027 Budget be adopted as presented by
staff. The board believes the 2027 budget represents a responsible and substantial step toward addressing
the City’s fiscal challenges and building a more sustainable financial future and fully support the 2027
Recommended Budget as it has been presented to city council.
Recommendation:
The Citizen Budget Advisory Committee (CBAC) has strong confidence in the work of City staff and the
remarkable effort that went into developing the FY2027 budget. We believe the process was thoughtful,
thorough, and necessary, and that Council should honor that work while recognizing its responsibility to
evaluate impacts and consider adjustments as warranted.
CBAC encourages Council to:
• Trust the process and the work of staff that developed the proposed budget.
• Recognize that the burden is being shared across the organization and that reductions are based
on relative priority to protect core services and minimize impact to quality of life to the greatest
extent possible.
• Reinforce that meaningful change is necessary; the city cannot continue with the status quo and
that comes with supporting the hard decisions made in this budget process.
• Exercise its fiduciary responsibility by maintaining a focus on long-term financial sustainability.
• Evaluate impacts and adjust going forward when experience or new information demonstrates that
changes are warranted.
• Maintain fiscal discipline by not adding expenditures without identifying corresponding reductions or
sustainable funding elsewhere.
• Be mindful of the trust placed in staff and avoid decisions that unintentionally undermine the difficult
work and progress made through the budget process.
This recommendation was passed on October 13th, 2026.

Budget & Policy Department ∙ 1100 10th St ∙ Greeley, CO 80631
[email protected]

From:
To:
Cc:
Subject:
Date:
Attachments:

Barry Eastman
Nathan Mosley
Laura Delp
Re: 2027 CBAC Budget Recommendation
Monday, October 12, 2026 1:07:42 PM
Outlook-City of Gr

I vote yes!
-Barry Eastman
970.481.8337 cell/text

From: Nathan Mosley <[email protected]>
Sent: Monday, October 12, 2026 1:01 PM
To: Barry Eastman <[email protected]>; jkshull <[email protected]>; lori.z.williams
<[email protected]>; merrieforeman <[email protected]>; mccune23
<[email protected]>; anthony.mccune <[email protected]>;
gurney.laura08 <[email protected]>; nicole.riner <[email protected]>; sonya.oster11
<[email protected]>
Cc: Laura Delp <[email protected]>
Subject: 2027 CBAC Budget Recommendation

Good Afternoon!
Sorry for the late notice, but I wanted to send a copy of the recommendation letter that Barry is
planning to read tomorrow night as part of the City Managers Recommended Budget
presentation.
The committee voted in August via email that you were in support of the recommendation but
wanted to share the actual memo that includes the recommendation language to get a quick
confirmation from everyone that you are in support of this.
Please respond by noon tomorrow (10/13).
Let me know if you have any questions.
​2027 CBAC Budget Statement​
Thanks,
Nathan

Nathan Mosley
Director of Budget & Policy
Office of Budget & Policy
1001 11th Avenue, Greeley, CO 80631
970-573-0073 | [email protected]
www.greeleyco.gov

From:
To:
Cc:
Subject:
Date:

Merrie Foreman
lori.z.williams
Laura Delp; nicole.riner; Nathan Mosley; anthony.mccune; gurney.laura08; jkshull; mccune23; sonya.oster11
Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you
Monday, October 12, 2026 7:06:42 PM

I vote yes!
Merrie
On Mon, Oct 12, 2026 at 6:53 PM Lori Williams <[email protected]> wrote:
I vote Yes.
Lori Williams

On Oct 12, 2026, at 5:11 PM, Laura Delp <[email protected]> wrote:
For clarity’s sake, could you all please respond with “I Vote Yes” or “I Vote No” or “I Abstain”, as we must keep these emails as a part of the
official record, and we may not have any ambiguity with an email ballot.
Thank you!
Laura

<image001.jpg>
Laura L. Delp
Administrative Assistant III
City of Greeley-Finance Department
From: Nicole Riner <[email protected]>
Sent: Monday, October 12, 2026 6:02 PM
To: Nathan Mosley <[email protected]>
Cc: merrieforeman <[email protected]>; anthony.mccune <[email protected]>; gurney.laura08
<[email protected]>; jkshull <[email protected]>; Laura Delp <[email protected]>; lori.z.williams
<[email protected]>; mccune23 <[email protected]>; sonya.oster11 <[email protected]>
Subject: Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you

This is great, thank you!
On Mon, Oct 12, 2026 at 2:43 PM Nathan Mosley <[email protected]> wrote:
Here is the content for anyone else that is having trouble opening the document
Background: The Citizen Budget Advisory Committee meets monthly to review, discuss and provide feedback and advice to City
staff regarding the budget process. CBAC also reviews the City Manager's recommended budget annually and provides their
recommendations to the city council.
Committee Discussion: After multiple meetings discussing Target-Based-Budgeting and gaining insight into the challenges
surrounding the City’s general fund structural deficit, as well as conducting a thorough review of the proposed budget, the
board recommended that the 2027 Budget be adopted as presented by staff. The board believes the 2027 budget represents a
responsible and substantial step toward addressing the City’s fiscal challenges and building a more sustainable financial future
and fully support the 2027 Recommended Budget as it has been presented to city council.
Recommendation:
The Citizen Budget Advisory Committee (CBAC) has strong confidence in the work of City staff and the remarkable effort that went
into developing the FY2027 budget. We believe the process was thoughtful, thorough, and necessary, and that Council should
honor that work while recognizing its responsibility to evaluate impacts and consider adjustments as warranted.
CBAC encourages Council to:
·     Trust the process and the work of staff that developed the proposed budget.
·     Recognize that the burden is being shared across the organization and that reductions are based on relative priority
to protect core services and minimize impact to quality of life to the greatest extent possible.
·     Reinforce that meaningful change is necessary; the city cannot continue with the status quo and that comes with
supporting the hard decisions made in this budget process.
·     Exercise its fiduciary responsibility by maintaining a focus on long-term financial sustainability.
·     Evaluate impacts and adjust going forward when experience or new information demonstrates that changes are
warranted.
·     Maintain fiscal discipline by not adding expenditures without identifying corresponding reductions or sustainable
funding elsewhere.
·     Be mindful of the trust placed in staff and avoid decisions that unintentionally undermine the difficult work and
progress made through the budget process.

The motion to provide this unanimous recommendation was passed on October XXXXXXXXXth, 2026.

<image002.jpg>

Nathan Mosley
Director of Budget & Policy

From: Merrie Foreman <[email protected]>
Sent: Monday, October 12, 2026 2:37 PM
To: Nathan Mosley <[email protected]>
Cc: anthony.mccune <[email protected]>; gurney.laura08 <[email protected]>; jkshull
<[email protected]>; Laura Delp <[email protected]>; lori.z.williams <[email protected]>; mccune23
<[email protected]>; nicole.riner <[email protected]>; sonya.oster11 <[email protected]>
Subject: Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you

I am not able to open the document.
Merrie
On Mon, Oct 12, 2026 at 1:01 PM Nathan Mosley <[email protected]> wrote:

<image003.png>

Nathan Mosley invited you to view a file
Here's the document that Nathan Mosley shared with you.

<image004.png>

2027 CBAC Budget Statement

<image005.png> This invite will only work for you and people with existing access.
Open

Share

<image006.jpg>
This email is generated through City Of Greeley's use of Microsoft 365 and
may contain content that is controlled by City Of Greeley.

-Nicole Riner
http://www.nicoleriner.com

From:
To:
Cc:
Subject:
Date:

Lori Williams
Laura Delp
nicole.riner; Nathan Mosley; merrieforeman; anthony.mccune; gurney.laura08; jkshull; mccune23; sonya.oster11
Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you
Monday, October 12, 2026 6:54:35 PM

I vote Yes.
Lori Williams

On Oct 12, 2026, at 5:11 PM, Laura Delp <[email protected]> wrote:
For clarity’s sake, could you all please respond with “I Vote Yes” or “I Vote No” or “I Abstain”, as we must keep these emails as a part of the
official record, and we may not have any ambiguity with an email ballot.
Thank you!
Laura

<image001.jpg>
Laura L. Delp
Administrative Assistant III
City of Greeley-Finance Department
From: Nicole Riner <[email protected]>
Sent: Monday, October 12, 2026 6:02 PM
To: Nathan Mosley <[email protected]>
Cc: merrieforeman <[email protected]>; anthony.mccune <[email protected]>; gurney.laura08
<[email protected]>; jkshull <[email protected]>; Laura Delp <[email protected]>; lori.z.williams
<[email protected]>; mccune23 <[email protected]>; sonya.oster11 <[email protected]>
Subject: Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you

This is great, thank you!
On Mon, Oct 12, 2026 at 2:43 PM Nathan Mosley <[email protected]> wrote:
Here is the content for anyone else that is having trouble opening the document
Background: The Citizen Budget Advisory Committee meets monthly to review, discuss and provide feedback and advice to City
staff regarding the budget process. CBAC also reviews the City Manager's recommended budget annually and provides their
recommendations to the city council.
Committee Discussion: After multiple meetings discussing Target-Based-Budgeting and gaining insight into the challenges
surrounding the City’s general fund structural deficit, as well as conducting a thorough review of the proposed budget, the board
recommended that the 2027 Budget be adopted as presented by staff. The board believes the 2027 budget represents a
responsible and substantial step toward addressing the City’s fiscal challenges and building a more sustainable financial future
and fully support the 2027 Recommended Budget as it has been presented to city council.
Recommendation:
The Citizen Budget Advisory Committee (CBAC) has strong confidence in the work of City staff and the remarkable effort that went
into developing the FY2027 budget. We believe the process was thoughtful, thorough, and necessary, and that Council should
honor that work while recognizing its responsibility to evaluate impacts and consider adjustments as warranted.
CBAC encourages Council to:
·     Trust the process and the work of staff that developed the proposed budget.
·     Recognize that the burden is being shared across the organization and that reductions are based on relative priority
to protect core services and minimize impact to quality of life to the greatest extent possible.
·     Reinforce that meaningful change is necessary; the city cannot continue with the status quo and that comes with
supporting the hard decisions made in this budget process.
·     Exercise its fiduciary responsibility by maintaining a focus on long-term financial sustainability.
·     Evaluate impacts and adjust going forward when experience or new information demonstrates that changes are
warranted.
·     Maintain fiscal discipline by not adding expenditures without identifying corresponding reductions or sustainable
funding elsewhere.
·     Be mindful of the trust placed in staff and avoid decisions that unintentionally undermine the difficult work and
progress made through the budget process.
The motion to provide this unanimous recommendation was passed on October XXXXXXXXXth, 2026.

<image002.jpg>

Nathan Mosley
Director of Budget & Policy

From: Merrie Foreman <[email protected]>
Sent: Monday, October 12, 2026 2:37 PM
To: Nathan Mosley <[email protected]>
Cc: anthony.mccune <[email protected]>; gurney.laura08 <[email protected]>; jkshull
<[email protected]>; Laura Delp <[email protected]>; lori.z.williams <[email protected]>; mccune23
<[email protected]>; nicole.riner <[email protected]>; sonya.oster11 <[email protected]>
Subject: Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you

I am not able to open the document.
Merrie
On Mon, Oct 12, 2026 at 1:01 PM Nathan Mosley <[email protected]> wrote:

<image003.png>

Nathan Mosley invited you to view a file
Here's the document that Nathan Mosley shared with you.

<image004.png>

2027 CBAC Budget Statement

<image005.png> This invite will only work for you and people with existing access.
Open

Share

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This email is generated through City Of Greeley's use of Microsoft 365 and
may contain content that is controlled by City Of Greeley.

-Nicole Riner
http://www.nicoleriner.com

From:
To:
Cc:
Subject:
Date:
Attachments:

Laura Gurney
Nathan Mosley
anthony.mccune; jkshull; Laura Delp; lori.z.williams; mccune23; merrieforeman; nicole.riner; sonya.oster11
Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you
Monday, October 12, 2026 6:27:44 PM
84f00559-b322-41e0-b6f4-d40ca26760f4
5946bb11-9172-4a3f-9e4e-1a0253c8bb5a
ea15d751-8ba8-4e89-82a9-c1fd10b921c6
feb30ea4-cc94-447b-b321-baa1717f5a92

I vote yes.
Thanks!
Laura Gurney (she/her)
Death Doula & Conscious Dying Coach
970-302-6161

On Mon, Oct 12, 2026 at 1:01 PM Nathan Mosley <[email protected]> wrote:

Nathan Mosley invited you to view a file

Here's the document that Nathan Mosley shared with you.

2027 CBAC Budget Statement

This invite will only work for you and people with existing access.

Open

Share

This email is generated through City Of Greeley's use of Microsoft 365 and may
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From:
To:
Cc:
Subject:
Date:
Attachments:

Nicole Riner
Laura Delp
Nathan Mosley; merrieforeman; anthony.mccune; gurney.laura08; jkshull; lori.z.williams; mccune23; sonya.oster11
Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you
Monday, October 12, 2026 6:14:07 PM
image003.png
image004.png
image005.png

I vote yes! Sorry! ; )
Nicole
On Mon, Oct 12, 2026 at 6:11 PM Laura Delp <[email protected]> wrote:
For clarity’s sake, could you all please respond with “I Vote Yes” or “I Vote No” or “I Abstain”, as we
must keep these emails as a part of the official record, and we may not have any ambiguity with an
email ballot.

Thank you!
Laura

Laura L. Delp
Administrative Assistant III
City of Greeley-Finance Department

From: Nicole Riner <[email protected]>
Sent: Monday, October 12, 2026 6:02 PM
To: Nathan Mosley <[email protected]>
Cc: merrieforeman <[email protected]>; anthony.mccune
<[email protected]>; gurney.laura08 <[email protected]>; jkshull
<[email protected]>; Laura Delp <[email protected]>; lori.z.williams
<[email protected]>; mccune23 <[email protected]>; sonya.oster11
<[email protected]>
Subject: Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you

This is great, thank you!

On Mon, Oct 12, 2026 at 2:43 PM Nathan Mosley <[email protected]> wrote:
Here is the content for anyone else that is having trouble opening the document

Background: The Citizen Budget Advisory Committee meets monthly to review, discuss and
provide feedback and advice to City staff regarding the budget process. CBAC also reviews
the City Manager's recommended budget annually and provides their recommendations to the
city council.
Committee Discussion: After multiple meetings discussing Target-Based-Budgeting and
gaining insight into the challenges surrounding the City’s general fund structural deficit, as
well as conducting a thorough review of the proposed budget, the board recommended that the
2027 Budget be adopted as presented by staff. The board believes the 2027 budget represents
a responsible and substantial step toward addressing the City’s fiscal challenges and building a
more sustainable financial future and fully support the 2027 Recommended Budget as it has
been presented to city council.
Recommendation:
The Citizen Budget Advisory Committee (CBAC) has strong confidence in the work of City
staff and the remarkable effort that went into developing the FY2027 budget. We believe the
process was thoughtful, thorough, and necessary, and that Council should honor that work
while recognizing its responsibility to evaluate impacts and consider adjustments as
warranted.
CBAC encourages Council to:
·     Trust the process and the work of staff that developed the proposed budget.
·     Recognize that the burden is being shared across the organization and that
reductions are based on relative priority to protect core services and minimize
impact to quality of life to the greatest extent possible.
·     Reinforce that meaningful change is necessary; the city cannot continue with the
status quo and that comes with supporting the hard decisions made in this budget
process.
·     Exercise its fiduciary responsibility by maintaining a focus on long-term

financial sustainability.

·     Evaluate impacts and adjust going forward when experience or new information
demonstrates that changes are warranted.
·     Maintain fiscal discipline by not adding expenditures without identifying

corresponding reductions or sustainable funding elsewhere.

·     Be mindful of the trust placed in staff and avoid decisions that unintentionally
undermine the difficult work and progress made through the budget process.

The motion to provide this unanimous recommendation was passed on October

XXXXXXXXXth, 2026.

Nathan Mosley
Director of Budget & Policy

From: Merrie Foreman <[email protected]>
Sent: Monday, October 12, 2026 2:37 PM
To: Nathan Mosley <[email protected]>
Cc: anthony.mccune <[email protected]>; gurney.laura08
<[email protected]>; jkshull <[email protected]>; Laura Delp
<[email protected]>; lori.z.williams <[email protected]>; mccune23
<[email protected]>; nicole.riner <[email protected]>; sonya.oster11
<[email protected]>
Subject: Re: Nathan Mosley shared "2027 CBAC Budget Statement" with you

I am not able to open the document.

Merrie
On Mon, Oct 12, 2026 at 1:01 PM Nathan Mosley <[email protected]> wrote:

Nathan Mosley invited you to view a file
Here's the document that Nathan Mosley shared with you.

2027 CBAC Budget Statement

This invite will only work for you and people with existing access.

Open

Share

This email is generated through City Of Greeley's use of Microsoft 365 and may
contain content that is controlled by City Of Greeley.

--

Nicole Riner
http://www.nicoleriner.com

-Nicole Riner
http://www.nicoleriner.com

Third Quarter Financial Review
January 1, 2026 to September 30, 2026
Robert Miller, Division Treasurer
CBAC– October 28, 2026

• Overall Economic Conditions and Outlook
• Summary of Greeley’s Financial Condition

Agenda

• Total Investments and Cash
• Overview of Revenues and Expenditures
• Financial Impact
• Grants Summary

2

Overall Economic Conditions and Outlook
• Retail spending in Colorado for 7 months increased by 3% in 2026
• Inflation is moderate nationally at 3.4% and at 3.9% in Colorado
• Unemployment remains low-to-moderate at 4.4% as of August and has declined
from 4.6% in July of 2025
• Short term interest rates are very volatile, 0.25% increase in September, with
another projected increase of 0.25% in 2026
• Consumer spending has remained more durable than previously anticipated
• There is still considerable economic uncertainty that will continue to have an
impact on the City’s resources and expenditures
• State of Colorado continues to project a 40% chance of a recession

3

Summary of Financial Condition – Greeley
Positive Impacts to 2026 City Resources
•

New Construction: Building Use, Development Fees, & Permits

•

Maintained Higher Reserve & Fund Balances: Interest Earnings

•

Oil and Natural Gas Prices: Oil Royalties

Negative Impacts to 2026 City Resources
•

Food Tax is down 2.1% from 2025

•

Sales Tax: YTD Increase of 3.9% from 2025 vs. Budget of 5.6%. State of Colorado at 3.0% in 2026

•

Severance Taxes

Additional Focus Areas Related to Future City Resources
•

Economic Uncertainty

Impacts to Revenue in 2026
•

Maintaining $4.8 Million in Reserve Stabilization

•

Estimated $0 in 2026 General Fund Carryover

4

$450

$16

$400

$14

$350

$12

$300

$10

$250

$8

$200

$6

$150
$100

$4

$50

$2

$-

$-

2019

2020

General Fund

2021

2022

2023

2024

Remaining Investments & Cash

2025

Interest Earnings

5

2026 YTD

2026
Forecast

2026
Budget

Budget Interest Earnings

Millions

Millions

Total Investments and Cash

Millions

Total Sales and Use Tax Revenues
$140
$120
$100
$80
$60
$40
$20
$-

Other Taxes
General Use - 4.11%
Building Use - 4.11%
Auto Use - 4.11%
Food Tax - 3.46%
Sales Tax - 4.11%

2022

2023

2024

2025

2026 YTD

$1.43
3.29
9.52
6.40
11.09
84.99

$2.36
3.55
5.93
6.78
11.86
87.93

$1.61
5.36
3.53
7.18
12.25
91.77

$1.77
3.38
5.34
6.73
12.28
92.73

$1.63
2.55
4.84
4.64
7.71
61.60

6

2026
Projection
$1.63
3.57
5.18
7.12
12.28
96.91

2026 Budget
$0.88
3.57
3.80
7.37
13.23
97.94

Sales Tax Revenues by Category

7

Millions

Building Revenues
$50
$45
$40
$35
$30
$25
$20
$15
$10
$5
$-

Development Impact Fees
Building Permits (GF)
Building Use (73% GF)

2021

2022

2023

2024

2025

2026 YTD

$17.9
2.0
5.0

$31.4
3.4
9.5

$12.9
1.8
5.9

$9.8
1.7
3.5

$18.0
1.9
5.5

$19.9
1.7
4.8

8

2026
Projection
$23.5
2.3
5.1

2026
Budget
$15.7
1.8
3.8

Oil and Gas Revenues
$16
$14
$12
$10
Millions

$8
$6
$4
$2
$Oil Royalties (69% GF)
Federal Mineral Lease (GF)
Severance Taxes (GF)

2021

2022

2023

2024

2025

2026 YTD

$2.6
0.6
0.1

$8.8
0.9
4.1

$6.3
1.2
5.1

$5.8
0.7
2.8

$5.5
0.7
0.1

$3.4
0.8
0.6

9

2026
Projected
$5.0
0.8
0.6

2026
Budget
$1.9
0.8
2.1

Total Financial Impact Compared to
2026 Budget
Estimated
Variance from
2026 Budget

Major Categories

$ (1.8) Million Accounting Reconciliations in Oracle 2021-2026
$ (1.5) Million Sales and Use Taxes (Excluding Building Use Tax)
$ (1.5) Million Severance Taxes

$

$

0.5 Million Projected Operating Expenditure Savings

$

2.5 Million Oil and Gas Royalties

$

5.2 Million Interest Earnings

$

9.6 Million Building Permits/Building Use/Development Impact Fees
13.0 Million Total Financial Impact

10

General Fund Financial Impact to
2026 Budget Based on Current Actuals
Estimated
Variance from
2026 Budget

Major Categories

$ (2.3) Million Accounting Reconciliations in Oracle 2021-2026
$ (1.5) Million Severance Taxes
$

$

(0.4) Million Sales and Use Taxes (Excluding Building Use Tax)
$

0.2 Million Interest Earnings

$

0.5 Million Projected General Fund Operating Expenditure Savings

$

1.4 Million Building Permits/Building Use

$

1.9 Million Oil and Gas Royalties
(0.2) Million Total Financial Impact to 2026 General Fund Budget

11

Thank you

2027 Budget Process – Lessons
Learned
Nathan Mosley, Budget & Policy Director
Citizen Budget Advisory Committee
October 28, 2026

1

Agenda

•
•
•
•
•

Introduction
The Challenge & the Approach
What Worked Well
What We Learned & What We Would Do Differently
Board Discussion & Feedback

2

The Challenge
How did we get here?
•

Service expectations and commitments expanded

•

Inflation, benefits and compensation increased operation costs

•

Temporary and grant revenues ended while some service needs continued

•

Recurring revenues could no longer sustain recurring expenditures

3

The Approach
How did we address the challenge?
•

Target-Based Budgeting

•

Examination of programs, staffing and service delivery

•

Voluntary separation agreements supported department planning and proposals

•

Leadership reviewed proposals, challenged assumptions and evaluated tradeoffs

4

What Worked Well
• Adjusting budget approach, realizing that our "normal" approach was not sufficient to meet this
challenge
• Starting with the end goal in mind (I.e. $18M deficit)
• Providing clear goals for departments
• Having support/buy-in from City Council and City Manager's Office provided the freedom of budget
staff to communicate the expectations for departments and hold them accountable
• Department Presentation Format – Creating consistent presentations across all departments helped
council and the community digest that information
• The teamwork that was exhibited through the process across the organization – everyone
contributing
5

What We Learned
•

Match ongoing commitments with realistic ongoing funding

•

Evaluate future operating costs before committing one-time resources

•

Connect staffing and funding to defined service expectations (ongoing)

•

Monitor impacts, report results and adjust when evidence warrants

•

Adjust approach for enterprise funds and departments that are direct reports to City Council

•

Making decisions are hard, so create a process that requires fewer decisions

6

What Would We Do Differently
•

More visualization of financial/budget information

•

More communication earlier in the process and use every opportunity to steer people to
speakupgreeley.com
•

•

Budget Open Houses outside the normal work session/ council meeting schedule

Take time to dig deeper into other parts of the organization that could potentially contribute to overall
efficiency and cost savings

7

CBAC Perspective: What Should We
Carry Forward?
What worked well and should become a regular part of our budget process?
Where could the information or process have better supported your advisory role?
Which proposed improvements should receive the greatest priority going into the 2028 budget
process?

8

Thank you

9

October 2026 CBAC Directors Update
2027 Budget Development Updates
Since the September meeting we hosted the City Manager’s recommended budget during
a work session on October 13th. Barry Eastman, Board Chair, was in attendance and
shared the statement that was approved by the board via email vote. No public comment
occurs during work sessions, but council had several questions and comments including:
• Questions to clarify total revenue v/s total expenditures for 2027
• Request to include more line-item detail in the budget
• Question about CBAC involvement in the process
• Concerns about service impact from the reductions and requests for ongoing
reporting back to council on impacts
Overall the work session went well with lots of support and appreciation for the work that
staff undertook during this budget season.
The following week, on Tuesday, October 20th, Nathan presented the 2027 Budget
ordinance for 1st reading. The 4th appropriation of 2026 was also included on the consent
agenda.
With the recent submittal of an intent to recall member of council, flock cameras and the
2F tax initiative, there was not much in the way of public comments on the budget other
than continued concern about the impacts of reductions to the museum.
Based on the questions from City Council it is not expected that there will be any
additional changes to the recommended budget and the second reading and public
hearing was scheduled for Tuesday, November 17th. Please plan on attending that meeting
if you are interested and able to do so.
Organizational Updates
•

•

2F continues to dominate public comments during City Council meeting and
individuals social media feeds. From a staff perspective we are unable to engage in
our official capacity other than providing factual information, i.e. how much
revenue would likely be available if the measure passes. At this point staff is waiting
to see the outcome of the election before any formal next steps. Read the full ballot
language.
On Friday, October 16, a “notice of intent to recall” was submitted that included
Mayor Hall, Mayor Pro-tem Melissa McDonald, Council Member Johnny Olson and
Council Member Ryan Roth. The submittal of the notice is the first step in a very
structured process that includes a signature gathering period, time for signature

•

verification and if needed a special election. As more information becomes
available it will be shared in future updates.
Deputy City Manager Kelli Johnson recently accepted the role of Town Manager for
Erie, Colorado. Kelli’s portfolio of departments included CPRD, Housing &
Homeless, Community Development, Communication and Engagement. Her last
day with the City is November 11th. City leadership is currently determining both
interim and long-term plans to respond to her departure. We wish her well!

CIP Project Updates
•

Civic Campus
o The City participated in ratings calls with S & P and Moody’s and
subsequently received updated credit ratings from both agencies. These
ratings were in-line with our expectations and previous ratings.
 Aa2 – Moody's
 A+ - S&P Global
o The competitive bond sale is currently scheduled at 8:45am on Tuesday,
October 27th.

•

Transportation/MERGE Presentation – No updates at this time

•

Global AI Data Center Presentation – No updates at this time

Other News
•
•

Kalen Myers last day with the organization was Wednesday, October 21.
Since last month Nathan has participated in two additional Budget Roadshow
presentations. The included the following entities:
o Exchange Club of Greeley
o Greeley Area Realtor Association (largest presentation to date with more
than 100 ppl in attendance)

That brings the total number of presentations during this budget season to 12.