HomeMy WebLinkAboutresolution.council.112-01 RESOLUTION NO. 112
(SERIES OF 2001)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO
ADOPTING THE 2002 MUNICIPAL BUDGET AND AUTHORIZING
APPROPRIATIONS PURSUANT THERETO
WHEREAS, the City Manager, designated by Charter to prepare the budget, has
prepared and submitted to the Mayor and City Council the Annual Budget for the City of
Aspen, Colorado for the fiscal year beginning January 1, 2002 and ending December 31,
2002.
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 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, it
is the intent of the council by adoption of this budget to follow the requirements of the
City Charter in 2002; and
WHEREAS, the budget as submitted in Exhibit A sets for the estimated fiscal
data inclu~ng revenue and expenditures for the calendar year of 2002.
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 for the fiscal year 2002 as submitted a attach hereto
as Exhibit "A" and incorporated herein by this reference, be and is hereby adopted; which
option all constitute appropriations of the amounts specified therein as expenditures from
the funds indicated: and the estimated budget revenue requirements of $$54,055,867 is
hereby declared to be the amount of revenue necessary to be raised by the tax levy and
income fi:om all other sources including fund balance at the beginning of the year, to pay
the expenses and certain indebtedness, and provide a reasonable Fund Balance at the
close of the fiscal year beginning January 1, 2002 and ending December 31, 2002.
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.
Adopted this lC) day of December, 2001
Helen Kalin I
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/e~-ffay of December,
2001 which resolution was adopted subsequ~.n~t to and publication public meetings on
sUch proposed budget held on December/D'-'22~ 001.
Kathryn KoF City Clerk
2002 ANNUAL BUDGET
EXHIBIT A
Exhibit A provides a fund by fund view of the City of Aspen 2002 Annual Budget.
FUND NAME & NUMBER BEGIN. CASH REVENUE EXPEND. ENDING CASH
*General Fund - 001 $4,452,012 $12,015,821 $13,347,513 $3,120,320
Asset Management Plan - 000 $682,029 $4,560,124 $4,931,922 $310,231
Parks & Open Space 1 cent- 100 $3,923,480 $5,382,000 $8,079,417 $1,226,063
Parks & Open Space 1/2 Cent - 130/340 $2,926,607 $2,169,598 $3,275,293 $1,820,912
Wheeler Fund - 120 $4,773,114 $2,977,846 $2,245,881 $5,505,079
Parking Improvement - 140 $793,081 $1,331,601 $1,399,908 $724,774
Housing Day Care Fund - 150 $14,765,052 $8,213,628 $4;600,686 $18,377,994
Water Fund - 421 $4,794,848 $6,264,429 $7,190,365 $3,868,912
Electric Fund - 431 $781,236 $4,530,914 $5,017,887 $294,263
**Ruedi Hydroelectric Fund - 444 $483,225 $1,258,198 $1,258,199 $483,224
Transportation/Parking Fund - 450 $1,064,304 $1,736,564 $2,047,596 $753,272
Golf Course Fund - 471 $189,274 $1,064,061 $1,081,945 $171,390
Truscott Housing Fund - 491 $416,834 $1,611,735 $1,663,697 $364,872
Marolt Housing Fund - 492 $934,438 $939,348 $942,656 $931,130
TOTAL $40,979,534 $54,055,867 $57,082,965 $37,952,436
* Expenditures includes transfers out
**Expenditures includes profit & interest distribution