Denver proposes redirecting $16.1 million in unused capital funds
The annual cleanup would return balances from completed projects to the 2027 capital plan, including $5.61 million from Downtown Park Projects and $2.95 million from Westwood Recreation Center.
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Denver’s Department of Finance is proposing to rescind $16,124,511.94 in unused capital-improvement balances to support appropriations in the city’s 2027 Capital Improvement Plan. The Finance Department’s request describes the measure as an annual cleanup of balances from completed projects, with funds programmed in the next year’s budget for newly approved projects.
The proposed rescissions include $5,611,992.54 from Downtown Park Projects and $2,948,705.38 from the Westwood Recreation Center, according to the rescissions appendix. The appendix also lists $2.6 million from Capital Planning Support and $1.5 million each from the I-25/Broadway Interchange and National Western Center Capital Maintenance.