Permitted uses of revenue in the climate protection fund.
Denver Revised Municipal Code § 2-406
in effectSec. 2-406. - Permitted uses of revenue in the climate protection fund.
(a) All monies derived from the sales and use taxes in the climate protection fund ("fund") must be expended on:
(1) Job creation through local workforce training and new careers for under-resourced individuals in renewable and clean energy technology and management of natural resources;
(2) Increased investments in solar power, battery storage and other renewable energy technology;
(3) Neighborhood-based environmental and climate justice programs;
(4) Adaptation and resiliency programs that help vulnerable communities prepare for a changing climate;
(5) Programs and services that provide affordable, clean, safe and reliable transportation choices, like walking, biking, transit, electric vehicles, and neighborhood-scale transit; and
(6) Upgrade the energy efficiency of homes, offices and industry to reduce their carbon footprint, utility bills, and indoor air pollution.
(b) Cap on administrative costs. Monies in the fund may be expended to pay the costs incurred by the city associated directly with the administration of the funds; except that, in no event may the amount expended from the funds for administrative expenses in any year exceed eight (8) percent of the amount of revenue received in the fund in that year.
(c) Fund earnings. Any interest earned on the balance of the fund accrues to the fund.
(d) Administration of funds. The executive director of the office of climate action, sustainability, and resiliency will manage the fund.
(e) Permanency. If the monies in the fund are not expended at the end of the fiscal year, such monies must remain in the fund to be expended in subsequent fiscal years.
(f) Maintenance of effort. All monies in the fund must be used in accordance with this section and may not replace nor supplant any general fund appropriations allocated each year to the office of climate action, sustainability, and resiliency.
(g) Rulemaking. The executive director of the office of climate action, sustainability, and resiliency may promulgate any rules necessary for the proper administration of the climate action program.
(h) Reporting. A report of fund expenditures and performance plan must be submitted annually to the mayor, city council, city auditor, and the sustainability advisory council, or any successor body.
(i) Planning. Within one (1) year of the adoption of this division 2 and every five (5) years thereafter, the executive director of the office of climate action, sustainability, and resiliency shall submit a five-year plan to the city council and the sustainability advisory council on the planned revenue uses in the climate protection fund.
(Ord. No. 684-20, § 6, 8-3-20)
Source: City and County of Denver, Revised Municipal Code and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/co/denver/codes/code_of_ordinances?nodeId=TITIIREMUCO_CH2AD_ARTXIXOFCLACSURE_DIV2CLACPR_S2-406PEUSRECLPRFUFetched: 10/27/2026