HomeMy WebLinkAboutresolution.council.094-09RESOLUTION NO.~`T
(SERIES OF 2009)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO ADOPTING THE 2009 MUNICIPAL BUDGET AND
AUTHORIZING APPROPRIATIONS PURSUANT THERE TO
WHEREAS, the City Manager, designated by Charter to prepare the budget, has
prepazed and submitted to the Mayor and City Council the Annual Budget for the City of
Aspen, Colorado for the fiscal year beginning January 1, 2010 and ending December 31,
2010; and
WHEREAS, in accordance with Section 9.8 of the Home Rule Charter, the
Council shall adopt the budget by Resolution on or before the final day established by
law as December 15`h for certification of the ensuing year's tax levy to the county; and
WHEREAS, Article 9 of the Aspen Home Rule Charter requires the adoption of
an annual budget with the opportunity for the public to participate at a public hearing at
least 15 days prior to the statutory deadline for certification of the ensuing year's tax levy
to the county, it is the intent of the Council by adoption of this budget to follow the
requirements of City Charter; and
WHEREAS, the budget as submitted in Exhibit A sets forth the estimated fiscal
data of appropriated expenditures and estimated revenues for the calendar yeaz of 2010.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
SECTION 1
That the budget for the City of Aspen, Colorado for the fiscal year 2010 as submitted in
attachment hereto as Exhibit A and incorporated herein by this reference, be and is
hereby adopted, which option all constituted appropriations of the amounts specified
therein as expenditures amounting to $91,732,690, and the estimated budget revenue
requirements of $85,656,840 both in Exhibit A, is hereby declared to be the amount of
revenue necessary to be raised by the tax levy and income from all other sources not
inclusive of fund balance at the beginning of the year of $62,707,655 for total revenues of
$148,364,495 to pay the expenses and certain indebtedness, and provide a reasonable
fund balance at the close of the fiscal year beginning Januazy 1, 2010 and ending
December 31, 2010.
SECTION 2
That the City Council hereby authorizes and directs the City Manager to enter into such
contracts and execute such documents on behalf of the City as may be necessary and
customary to expend the funds appropriated for all capital acquisitions within its budget,
and that Council further directs the City Manager to inform it of such contracts and
documents promptly at its regularly scheduled Council meetings.
I, KATHRYN KOCH, duly appointed and acting City Clerk of the City of Aspen,
Colorado, do hereby certify that the foregoing is a true and accurate copy of the
Resolution adopted by the City Council at its meeting held on the 23 day of November,
2009. ,. ~
Kathryn Kocl~~ity Clerk
Adopted this 23, day of November 2009
Exhibit A
TOTAL CITY OF ASPEN IOIDAPPRC!PRIATtfrfJS BY'FUN~ ~'
Beginning Total Current Total 2010 Ending
Fund Name Fund Balance Revenue Budget Expenditures & Balance
General Government Funds
Asset Management Plan Fund $2,997,756 $2,852,490 $3,931,310 $1,918,936
General Fund $5,960,934 $21,820,960 $21,921,440 $5,860,454
Subtotal General Gov't Funds $8,958,690 $24,673,450 $25,852,750 $7,779,390
Special Revenue Funds
Parks and Open Space Fund $1,807,654 $7,348,870 $7,743,920 $1,412,604
Wheeler Opera House Fund * $27,023,628 $4,440,740 $6,302,650 $25,161,718
City Tourism Promotion Fund $0 $894,670 $894,670 $0
Transportation Fund $1,416,468 $3,236,820 $1,738,440 $2,914,848
Housing Development Fund $806,045 $10,043,190 $10,792,520 $56,715
Early Childhood Education Fund $280,310 $459,470 $435,830 $303,950
Kids First Fund $3,751,096 $1,425,170 $1,595,680 $3,580,586
Stormwater Fund $1,625,484 $1,326,260 $937,140 $2,014,604
Subtotal Special Revenue Funds $36,710,685 $29,175,190 $30,440,850 $35,445,025
Debt Service Fund
Debt Service Fund $188,297 $3,331,040 $3,332,040 $187,297
Subtotal Debt Service Fund $188,297 $3,331,040 $3,332,040 $187,297
Capital Fund
Parks and Open Space Capital Fund $109,800 $1,392,430 $1,392,430 $109,800
Subtotal Capital Fund 5109,800 $1,391,430 $1,392,430 $109,800
Enterprise Funds
Water Utility Fund $6,988,010 $5,666,060 $6,434,900 $6,219,170
Electric Utility Fund $996,664 $6,878,530 $6,652,130 $1,223,064
Renewable Energy Fund $311,680 $1,114,470 $1,281,180 $144,970
Parking Fund $1,714,340 $2,847,070 $3,385,390 $1,176,020
Golf Course Fund $117,948 $1,655,680 $1,587,710 $185,918
Truscott Housing Fund $881,830 $1,804,310 $1,513,000 $1,173,140
Marolt Housing Fund $1,024,883 $1,236,210 $1,121,670 $1,139,423
Subtotal Enterprise Funds $12,035,355 $21,202,330 $21,975,980 $11,261,705
Internal Service Funds
Employee Health Insurance Fund $741,142 $4,304,290 $4,735,080 $310,352
Employee Housing Fund $2,542,863 $566,180 $2,622,820 $486,223
Subtotollnternal Service Funds $3,284,005 $4,870,470 $7,357,900 $796,575
Trust and Agency Funds
Housing Administration FUnd $1,164,477 $946,720 $1,182,400 $928,797
Smuggler Housing Fund $256,346 $65,210 $198,340 $123,216
Subtotal Trust and Agency FUnds $1,420,823 $1,011,930 $1,380,740 $1,052,013
ALL FUNDS $62,707,655 $85,656,840 $91,732,690 $56,631,805
Less lnterfund Transfers $24,700,220 $24,700,220
NET APPROPRIATIONS $62,707,655 $60,956,620 $67,032,470 $56,631,805
* Wheeler Balances shown GAPP basis adjusted