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Home My WebLink Aboutagenda.council.worksession.202110051 AGENDA CITY COUNCIL WORK SESSION October 5, 2021 4:00 PM, City Council Chambers 130 S Galena Street, Aspen WEBEX MEETING INSTRUCTIONS WEBEX MEETING INSTRUCTIONS TO JOIN ONLINE: Go to www.webex.com and click on "Join a Meeting" Enter Meeting Number: 2554 479 6820 Enter Password: 81611 Click "Join Meeting" -- OR -- JOIN BY PHONE Call: 1-408-418-9388 Enter Meeting Number: 2554 479 6820 Enter Password: 81611 I.WORK SESSION I.A.2022 Recommended Budget Review Streets; Engineering; Planning; Building; Environmental Health; Climate Action; REMP 1 2022 BUDGET DEVELOPMENTDepartment (000 and 001 Fund)Jerry Nye, Streets SuperintendentOCTOBER 05, 202112 What We Do2Keep Aspen Streets clean and safe for all modes of travel…3 Streets Financials3Admin & Facilities13%Streets Mgmt63%Fleet21%Capital Labor1%Other2%Operating Budget2022 2023 2024 2025 2026Request Projection Projection Projection Projection00000 ‐Non‐Classified $493,630 $503,500 $513,570 $523,830 $534,310Total Revenues $493,630 $503,500 $513,570 $523,830 $534,310Administrative $159,390 $164,070 $168,930 $173,970 $179,230Streets Management $1,328,790 $1,374,130 $1,421,430 $1,470,780 $1,522,340Fleet Management $443,910 $459,580 $475,960 $493,100 $511,030Capital Labor $10,640 $11,050 $11,480 $11,930 $12,400Facilities Maintenance $112,860 $115,100 $117,410 $119,760 $122,160Other Expenditures $41,750 $43,360 $45,040 $46,800 $48,640Operating $2,097,340 $2,167,290 $2,240,250 $2,316,340 $2,395,800Overhead Allocations $180,500 $190,560 $189,050 $201,720 $207,890Total Uses $2,277,840 $2,357,850 $2,429,300 $2,518,060 $2,603,690Surplus/(Subsidy) ($1,784,210) ($1,854,350) ($1,915,730) ($1,994,230) ($2,069,380)12.05 FTE4 2022 Capital Projects4Street Improvements•Preserve Streets Structural Strength & Integrity • Performed on Sections of the Streets Around the CityTask Level BudgetTesting & Inspection $7,000Hard Construction Cost Total $791,065Other Construction $81,500Project Contingencies $18,500Appropriations by YearPrior Years $02022 $898,065Out Years $0Lifetime Budget $898,065Tab 8, 000 Fund, Page 6‐7 in Budget Book5 2022 Capital Projects5Fleet Replacement Replacement & Purchase of New Vehicles & Equipment Reliability & Longevity to Remain in the Fleet to Provide a Safe & Useful Life•2 Sand Trucks ($370K) Street Sweeper ($250k)•Asset Pickup ($24K)•4 Police Vehicles ($179,400)•Building and Planning Equinox ($27K)Appropriations by YearPrior Years $02022 $850,400Out Years $0Lifetime Budget $850,400Task Level BudgetAcquisition $850,400Tab 8, 000 Fund, Page 8 in Budget Book6 2022 Capital Projects6SECTION #STREETFROM: ‐TO:* * * * * * * * ** * * * * * * * *W. Bleeker ST.N.6thST To 7thST.E. HOPKINS AVE2 ‐S. Monarch ST. To S. Mill ST.E. HYMAN AVE2 ‐S. ASPEN ST. ‐to S. MonarchN. 1ST ST.W. MAIN ST. TO W. BLEEKER ST.. N. 2ND ST.Bleeker ST. To W. Francis ST.N. 2ND ST.THRU W. FRANCIS ST. TO LAKE AVE.N. 4TH ST.W. BLEEKER ST. TO W. HALLAM ST.N. 7TH ST.W. SMUGGLER ST. TO W. NORTH STN. ASPEN ST.MAIN ST. TO E. BLEEKER ST.N. ASPEN ST.E. BLEEKER ST. TO E. HALLAM ST. N. MILL ST.MAIN ST. Thru Rio GrandeS. Aspen ST.Main ST. To Durant Ave.Red MNT. RD.Mill St. Bridge To Hunter Creek BridgeRED BUTTE DR.1 ‐CEMETERY LN. ‐OVERLOOK DR. Stage RD.HyWy 82 To Bike Path.Stage RD.Stage RD. TO Tiehack RD.Stage RD.Stage RD. TO HyWy 82.UTE AVE.ORIGINAL ST. To END OF C&G /N. SIDEW. SMUGGLER ST. N. 2ND ST. To N. 5TH ST.W. SMUGGLER ST.N. 5TH ST. To N. 7TH ST. WATERS AVE.S. WEST END ST. To END OF WATERS7 7Summary StreetsQuestionsWork Plan: Status QuoSupplementals: $0Capital: $1,766,4658 2022 BUDGET DEVELOPMENTEngineering DepartmentTrish Aragon, P.E., City EngineerOCTOBER 05, 202189 Safety of Travelling PublicConstruction MitigationTechnical Support ServicesEnvironment & Water Quality10 Revenues – ComDev & Engineering10Planning10%Building72%Engineering18%2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionPlanning $768,000 $706,360 $720,420 $734,790 $749,460Building $5,690,000 $5,228,600 $5,333,220 $5,440,060 $5,548,920Engineering $1,453,000 $1,400,980 $1,429,020 $1,457,530 $1,486,810Total Revenues $7,911,000 $7,335,940$7,482,660 $7,632,380 $7,785,1902022 2023 2024 2025 2026Request Projection Projection Projection ProjectionBuilding Permit Fees $3,000,000 $2,754,000 $2,809,100 $2,865,300 $2,922,600Encroachment Permits $50,000 $45,900 $46,800 $47,700 $48,700ROW Permits $36,000 $33,000 $33,700 $34,400 $35,100Building Permit Review Fees $2,450,000 $2,249,100 $2,294,100 $2,340,000 $2,386,800Mechanical/electrical/plumbing $270,000 $247,900 $252,900 $258,000 $263,200Energy code review fee $350,000 $321,300 $327,700 $334,300 $341,000Fire suppression review fee $20,000 $18,400 $18,800 $19,200 $19,600Land Use Review $238,000 $218,500 $222,800 $227,200 $231,800Zoning plan check $530,000 $486,500 $496,200 $506,100 $516,200Construction Mitigation Fees $250,000 $229,500 $234,100 $238,800 $243,600By Revenue11 Expenditures - ComDev & Engineering11Planning30%Building36%Engineering34%Operating Budget2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionPlanning $1,861,320 $1,899,580 $1,974,190 $2,052,330 $2,134,170Building $2,250,530 $2,299,740 $2,385,700 $2,475,590 $2,569,660Engineering $2,124,930 $2,178,510 $2,257,360 $2,339,670 $2,425,570Operating $6,236,780 $6,377,830 $6,617,250 $6,867,590 $7,129,400Overhead Allocations $284,200 $312,470 $291,310 $330,880 $342,390Other Transfers $399,600 $411,800 $423,800 $436,000 $448,000Total Uses $6,920,580 $7,102,100 $7,332,360 $7,634,470 $7,919,790Surplus/(Subsidy) $990,420 $233,840 $150,300 ($2,090) ($134,600)As a Percent of Uses (14%) (3%) (2%) 0% 2%11.80 FTE ‐Engineering2022 2023 2024 2025 2026Building $0 $0 $10,000 $0 $0Engineering $1,683,000 $3,623,500 $1,927,000 $2,826,500 $3,305,500Capital Projects $1,683,000 $3,623,500$1,937,000 $2,826,500 $3,305,500Engineering $201,000 $164,000 $164,000 $164,000 $194,000Capital Maintenance $201,000 $164,000 $164,000 $164,000 $194,000Total Uses $1,884,000 $3,787,500 $2,101,000 $2,990,500 $3,499,500CapitalOperating12 2022 Work Plan Highlights 12Outcome:•Concrete Paving & Safety ImprovementsCompleted:•Spring 2022Resources:• Appropriated Capital Project FundingRoundabout ResurfacingPaepcke Transit HubOutcome:•Bus Stop & Multi‐Modal ImprovementsCompleted:•Main St: Spring 2022 •Garmisch: Fall 2022Resources:• Appropriated Capital Project Funding13 2022 Work Plan Highlights 13Outcome: Improved SafetyOutputs/Locations:•Park Ave; West End; Ute Ave; •Street Smart Program•Traffic Signal MaintenanceResources:• Capital & Operations FundsPedestrian and Bike Safety 14 2022 Capital Projects14Downtown Core Ped Safety•Creating a Balance of Needs and Safety of All Users• Possible Modifications to Roadway Space Allocation•Galena St & Cooper St Corridor Test Area•Projected Completion: 2025Appropriations by YearPrior Years $02022 $150,000Out Years $750,000Lifetime Budget $900,000Task Level BudgetOwner Management $75,000Design & Engineering $75,000Testing & Inspection $60,000Hard Construction $690,000Tab 8, 000 Fund, Page 9 in Budget Book15 2022 Capital Projects15Midland Avenue Infrastructure Improvements• Flooding & Severe Icing Issues Occur in 3 Areas on Midland•Project Includes Stormwater Pipe to Convey Flows & Road Reconstruction•Project Will Need Comprehensive Public OUtreach•Projected Completion 2024Appropriations by YearPrior Years $02022 $95,000Out Years $1,175,000Lifetime Budget $1,270,000Task Level BudgetOwner Management $35,000Design & Engineering $95,000Testing & Inspection $20,000Hard Construction $1,045,000Project Contingencies $75,000Tab 8, 000 Fund, Page 10 in Budget Book16 2022 Capital Projects16Concrete Replacement & ADA Pedestrian Improvements Target areas include:1.Hopkins St Mill to Aspen2.Ute Ave North Side Alps Rd to Ajax Park3.Alley Apron on Aspen between Durant & Cooper4.Aspen St Hallam to Bleeker5.West Side of 2nd St between Bleeker & MainAppropriations by YearPrior Years $02022 $607,000Out Years $0Lifetime Budget $607,000Task Level BudgetDesign & Engineering $25,500Hard Construction $581,500Tab 8, 000 Fund, Page 11 in Budget Book17 2022 Capital Projects17Roadway & Drainage Improvements at Moore & Maroon • Improvements to Intersection Drainage to Help Alleviate Localized Flooding & Erosion • Will Help to Slow Traffic in School Zone• Public Outreach Coordinated with Parks on Maroon Creek Trail Expansion•Projected Completion: 2023Appropriations by YearPrior Years $02022 $75,000Out Years $315,000Lifetime Budget $390,000Task Level BudgetOwner Management $15,000Design & Engineering $45,000Hard Construction $300,000Project Contingencies $30,000Tab 8, 000 Fund, Page 12 in Budget Book18 2022 Capital Projects18Castle Creek Bridge Trail Underpass Wall• Retaining Wall Beneath Castle Creek Bridge Leaning into Trail Posing Safety Risk•Full Replacement of Railroad Ties•Projected Completion: 2023Appropriations by YearPrior Years $02022 $65,000Out Years $290,000Lifetime Budget $355,000Task Level BudgetDesign & Engineering $65,000Hard Construction $290,000Tab 8, 000 Fund, Page 13 in Budget Book19 2022 Capital Projects19Spring and Cooper Street Intersection Improvements• Improvements for Better Interactions between Pedestrians, Bikes, & Vehicles• Modification of Curb & Gutter Signage• Final Design & Projected Completion Determined by 2021 Living LabAppropriations by YearPrior Years $45,0002022 $275,000Out Years $0Lifetime Budget $320,000Task Level BudgetOwner Management $10,000Design & Engineering $45,000Testing & Inspection $15,000Hard Construction $225,000Project Contingencies $25,000Tab 8, 000 Fund, Pages 14 & 15 in Budget Book20 2022 Capital Projects20Red Brick Roadway Improvements• Sidewalk & Roadway Icing Issues Need to Be Addressed Especially at Dropoff Area•New Curb & Gutter Possible Storm Inlet•Projected Completion: 2022Appropriations by YearPrior Years $30,002022 $155,000Out Years $0Lifetime Budget $185,000Task Level BudgetDesign & Engineering $30,000Testing & Inspection $5,000Hard Construction $135,000Project Contingencies $15,000Tab 8, 000 Fund, Page 16 in Budget Book21 2022 Capital Projects21ROW Improvements Planning•Plan & Construct Pedestrian & Bike Safety Improvements•Joint Project between Engineering and Parks• Includes Aesthetic Improvements in Core•Projected Completion: 2022Appropriations by YearPrior Years $20,0002022 $150,000Out Years $0Lifetime Budget $170,000Task Level BudgetOwner Management $5,000Design & Engineering $20,000Hard Construction $135,000Project Contingencies $10,000Tab 8, 000 Fund, Page 17 in Budget Book22 2022 Remaining Capital Projects22•Hyman Pedestrian Connectivity Improvements: 59,000•West End Traffic Calming Mitigation: $32,000•Critical Pedestrian Connection (Garmish Connection): $20,00023 23Summary EngineeringQuestionsWork Plan Highlights: 1. Paepcke Transit Hub2. Roundabout Resurfacing3. Pedestrian & Bike Safety ImprovementsSupplementals: N/ACapital: $1,884,00024 2022 BUDGET DEVELOPMENTCommunity Development (001 Fund)Phillip Supino/Rebecca WallaceOCTOBER 5, 20212425 What We Do: Guide Land Use and Development25Planning ServicesBuilding ServicesCommunity Development26 Planning Services 26• Ensure Future Development Is Consistent with Community Values• Develop Policy & Regulations for the Built EnvironmentCurrent PlanningLong-Range Planning• Support the Development & Maintenance of the Built Environment:• Commercial, Lodge & Residential• Historic Preservation 27 Inspection ServicesBuilding Services27Review & Issuance of Building Permits for Code Compliance•2020: 837 issued •2020: $312 million Valuation •2021: 531 issued (thru July)•2021: $202 million Valuation (thru July)Issue Certificates of OccupancyUpdate Building Code2020: 3,8072021: 2,266 (thru July)28 Building Services28The Average Project is Larger and More ComplexAverage Building Permit Valuation*2010: $131,6172015: $337,5042021 YTD: $1,024,958*Figures have been adjusted for inflation29 Building Services29Construction Activity Remains Robust•147 Issued Major Projects*•$470,449,761 Valuation•94 Major Projects* Under Review•$278,032,839 Valuation•> $750,000,000 in Total Valuation for all Permits*Major Project = >$200,000 Valuation30 Revenues – ComDev & Engineering30Planning10%Building72%Engineering18%2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionPlanning $768,000 $706,360 $720,420 $734,790 $749,460Building $5,690,000 $5,228,600 $5,333,220 $5,440,060 $5,548,920Engineering $1,453,000 $1,400,980 $1,429,020 $1,457,530 $1,486,810Total Revenues $7,911,000 $7,335,940$7,482,660 $7,632,380 $7,785,1902022 2023 2024 2025 2026Request Projection Projection Projection ProjectionBuilding Permit Fees $3,000,000 $2,754,000 $2,809,100 $2,865,300 $2,922,600Encroachment Permits $50,000 $45,900 $46,800 $47,700 $48,700ROW Permits $36,000 $33,000 $33,700 $34,400 $35,100Building Permit Review Fees $2,450,000 $2,249,100 $2,294,100 $2,340,000 $2,386,800Mechanical/electrical/plumbing $270,000 $247,900 $252,900 $258,000 $263,200Energy code review fee $350,000 $321,300 $327,700 $334,300 $341,000Fire suppression review fee $20,000 $18,400 $18,800 $19,200 $19,600Land Use Review $238,000 $218,500 $222,800 $227,200 $231,800Zoning plan check $530,000 $486,500 $496,200 $506,100 $516,200Construction Mitigation Fees $250,000 $229,500 $234,100 $238,800 $243,600By Revenue31 Expenditures - ComDev & Engineering31Planning30%Building36%Engineering34%Operating Budget2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionPlanning $1,861,320 $1,899,580 $1,974,190 $2,052,330 $2,134,170Building $2,250,530 $2,299,740 $2,385,700 $2,475,590 $2,569,660Engineering $2,124,930 $2,178,510 $2,257,360 $2,339,670 $2,425,570Operating $6,236,780 $6,377,830 $6,617,250 $6,867,590 $7,129,400Overhead Allocations $284,200 $312,470 $291,310 $330,880 $342,390Other Transfers $399,600 $411,800 $423,800 $436,000 $448,000Total Uses $6,920,580 $7,102,100 $7,332,360 $7,634,470 $7,919,790Surplus/(Subsidy) $990,420 $233,840 $150,300 ($2,090) ($134,600)As a Percent of Uses (14%) (3%) (2%) 0% 2%29.00 FTE ‐ComDevOperating32 2022 Work Plan Highlights: Planning 32Outcome of Work•LUC Amendments ‐Reduce Regulatory Constraints to Affordable HousingPrimary Metrics•Council Approval and Staff ImplementationImplemented•Q4 2022New Resources•$75k Already Approved in 2021 Spring SupplementalLand Use Code/Affordable Housing CoordinationOutcome of Work•Financial & STR Land Use RegulationsPrimary Metrics•Council Approval & ImplementationImplemented•Q4 2022New Resources•None at This Time – In‐House Resources and In Partnership with FinanceShort‐Term Rental Regulations33 2022 Work Plan Highlights: Building33Outcome of Work•More Effective and Efficient ProcessPrimary Metrics•Align Staffing and Processes•Improved Inter‐Departmental Processes•Reduced Service TimesImplemented•Q4 2022New Resources•New FTE Already Approved in 2021 Spring SupplementalImprove the Development Review ProcessOutcome of Work•Updated ICC Code w/ Progressive Energy, Waste & Climate‐conscious AmendmentsPrimary Metrics•Adoption of New CodeImplemented•Q1 2022New Resources•$50k Already Appropriated in 2021 Spring SupplementalICC Code Adoption34 34Summary Community DevelopmentQuestionsWork Plan Highlights: 1. LUC/Affordable Housing2. Short Term Rental Regulations3. 4. Development Review Improvements4. ICC Code AdoptionSupplementals: NoneCapital: None35 2022 BUDGET DEVELOPMENTEnvironmental Health & Sustainability (001 Fund)CJ OliverOCTOBER 05, 20213536 What We Do36Public HealthNatural and Built EnvironmentsEnvironmental Health + Sustainability•Air Quality‐Indoor and Outdoor•Waste Reduction/Diversion•Consumer Protection•Climate Action37 What We DoEnvironmental Health and Sustainability3738 Revenues38Non‐Classified6%Consumer Protection46%Monitoring6%Single Use Bag42%2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionNon‐Classified $6,000 $5,620 $5,740 $5,860 $5,980General Administrative $500 $510 $520 $530 $540Consumer Protection Programs $49,700 $50,690$51,710 $52,740 $53,800Water and Air Quality Monitoring $6,810 $6,950 $7,090 $7,230 $7,370Single Use Bag Program $45,000 $45,900$46,820 $47,760 $48,720Total Revenues $108,010 $109,670 $111,880 $114,120 $116,410 39 2022 Proposed Fee Changes39•No Change in Fee Amounts for 2022 •Institute a Waste Collection/Diversion Space Fee‐for‐Service for Building Permit Review•Same Rate as Community Development & Engineering Fees for Plan ReviewTab 6 Proposed Fee Changes, Page 540 Expenditures40Admin16%Consumer Protection11%Monitoring13%Other Public Health9%Education & Outreach3%Recycling & Spc. Waste39%Single Use Bag9%Operating Budget2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionAdministrative $174,690 $171,470 $177,750 $184,330 $191,230Consumer Protection $118,030 $122,730 $127,650 $132,810 $138,210Water & Air Quality $144,570 $149,720 $155,080 $160,690 $166,550Other Public Health $102,480 $106,540 $110,790 $115,240 $119,890Education & Outreach $38,210 $39,760 $41,370 $43,060 $44,830Recyclng & Special Waste $434,160 $359,730 $368,600 $377,760 $387,190Single Use Bag Program $102,510 $105,740 $109,090 $112,550 $116,170Operating $1,114,650 $1,055,690 $1,090,330 $1,126,440 $1,164,070Overhead Allocations $114,500 $122,620 $119,090 $129,890 $134,030Total Uses $1,229,150 $1,178,310 $1,209,420 $1,256,330 $1,298,100Surplus/(Subsidy) ($1,121,140) ($1,068,640) ($1,097,540) ($1,142,210) ($1,181,690)As a Percent of Uses 91% 91% 91% 91% 91%5.80 FTE41 2022 Work Plan Highlights41Outcome:•Increased Food Safety & Consumer ConfidenceMetrics:•Regular 2x/year Inspection & Follow Ups & Trainings Implementation:•Resume Regular Program Fall 2021, COVID PermittingRefocus: Consumer ProtectionOutcome:•Waste Diversion/GHG Reduction•Lower Disposal CostsMetrics:•Move from 35% Diversion to 80%Implementation:•Winter 2021/22 Community‐based Programs•2022/23 Organics & C&DResources:•Environmental Health Specialist ($92,310 Termed)Waste Diversion Program Enhancements 42 2022 Work Plan Highlights42Outcome:•Updated Monitoring/Forecasting Capacity•Effective Communication Strategies•Enhanced PartnershipsMetrics:•Improved Outreach During Smoke Events•Higher Resiliency•Better Public Health ProtectionsImplementation:•Trials Underway, New Programs Summer 2022Wildfire Preparedness43 Supplemental Request43Environmental Health Specialist –1.0 FTE (Termed) ($92,310)•Monitoring & Enforcement •Training for New/Current Requirements•Existing Program Growth •Rio Grande OperationsTab 3, Supplemental Requests, Page 1644 44Summary Environmental HealthQuestionsWork Plan Highlights:1) Refocus on Consumer Protection2) Waste Diversion Program Enhancements3) Wildfire PreparednessSupplementals: $92,310, 1.0 FTE (Termed)Capital: $045 2022 BUDGET DEVELOPMENTClimate Action Office (General Fund)Ashley PerlOCTOBER 05, 20214546 What We Do: Climate Action46CO2 ‐63% by 2030Zero Carbon by 205047 Council Goal47“Take meaningful action & provide leadership in reducing the Aspen community's contribution to greenhouse gas emissions …”•Maximize Efficiency ‐Minimize Carbon Emissions Including: •Waste Reduction & Diversion •Transportation •Built Environment•Lead Climate Policy & Legislative Efforts48 Revenues48REMP27%Water Fund33%Electric Fund40%Revenue Budget2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionFrom REMP $120,900 $125,100 $129,100 $133,700 $138,300From Water $151,200 $156,400 $161,400 $167,100 $172,800From Electric $181,400 $187,600 $193,700 $200,500 $207,400Total Revenues $453,500 $469,100 $484,200 $501,300 $518,500 49 Expenditures49Admin1%Climate and Resiliency99%Operating Budget2022 2023 2024 2025 2026Request Projection Projection Projection ProjectionGeneral Administrative $7,950 $8,100 $8,250 $8,420 $8,590Climate Action & Resiliency $573,310 $592,690 $612,850 $633,870 $655,790All Programs $581,260 $600,790 $621,100 $642,290 $664,380Operating $581,260 $600,790 $621,100 $642,290 $664,380Overhead Allocations $37,100 $38,770 $39,100 $41,070 $42,180Total Uses $618,360 $639,560 $660,200 $683,360 $706,560Surplus/(Subsidy) ($164,860) ($170,460) ($176,000) ($182,060) ($188,060)As a Percent of Uses 27% 27% 27% 27% 27%3.0 FTE50 2022 Work Plan Highlights50•Outcome –Lower Cost / Sustainable Fleet•Primary Metrics ‐% City Fleet Electric / $ Saved / GHG Reduction•Timeline‐Starting Q4 2021•Resources – Potential to Change Fleet Replacement Schedule (Initial Focus on Passenger Vehicles)Electrify City FleetClimate Programs = City Council’s Goal•Building IQ Ordinance & Program•Energy Efficiency Programs Low‐income Focus•Electrifying the City’s Fleet•Managing & Increasing EV Charging Stations•State & Federal Climate Policy•Race to Zero & Other Commitments•Update Climate Action & Sustainability Plan –Strategy for ‘Next 30 years’ 51 2022 Work Plan Highlights51•Outcome – Responsible Energy Management ‐City Leads by Example•Primary Metrics ‐% of Buildings Taking Action, Energy & GHG Reduction•Timeline – Implement Q2 2022•Resources – External PartnershipsBuilding IQ•Outcome‐Community Roadmap to Zero Carbon•Primary Output – Community Buy‐in, Evergreen Plan•Timeline – Complete in 2022•Resources – Existing BudgetCAP Update52 52Summary Climate ActionQuestionsWork Plan Highlights: 1) Electric Fleet2) Building IQ3) CAP UpdateSupplementals: $0Capital: $053 2022 BUDGET DEVELOPMENTREMP (132 Fund)Ashley PerlOCTOBER 05, 20215354 REMP Funding54Renewable Energy Mitigation ProgramDevelopment FeeResidential and CommercialTwo Options: Fee or MitigationIntended Use of Fee: Energy Efficiency Renewable EnergyProtect our Environment55 What REMP Does:55REMP Funds Allocation:CORE Annual Operating BudgetClimate Action Office Operating BudgetCity of Aspen Directed ProjectsEnergy Efficiency in Buildings & Climate56 REMP Financials562022 2023 2024 2025 2026Request Projection Projection Projection ProjectionOpening Balance $2,831,911 $2,289,011$1,863,251 $1,621,421 $1,370,151REMP Fee $800,000 $800,000 $800,000 $800,000 $800,000Investment Income $28,000 $34,340$37,270 $32,430 $27,400Total Revenues $828,000 $834,340 $837,270 $832,430 $827,400Agency Distributions $1,250,000 $850,000 $550,000 $550,000 $500,000Transfers Out $120,900 $410,100 $529,100 $533,700 $338,300Total Uses $1,370,900 $1,260,100 $1,079,100 $1,083,700 $838,300Ending Fund Balance $2,289,011 $1,863,251$1,621,421 $1,370,151 $1,359,251REMP Fee97%Investments3%RevenuesAgency Distributions91%Transfers Out9%ExpensesTransfers Include $1M Placeholder for Lumber Yard (2024‐2026)57 WHAT WE DO: SUPPORT CORE57‐Commercial Energy Programs‐SLEEP‐Assessments‐Rebates‐Grants‐Residential Energy Programs‐Income Qualified‐Assessments‐Rebates‐Grants‐Path to Zero‐Solar PV‐Workforce Development‐Technical Expertise/Consulting for Members‐Community Engagement & EducationLeading the Roaring Fork Valley to a Carbon-free, Net-zero Energy Future58 2022 Work Plan Highlights581. Renewed Strategic Plan for COREOutcome: •Repositioned as Vital Community Resource •Trusted Technical & Programmatic Expertise2. Focus on Commercial Energy EfficiencyOutcome: •Building IQ Implementation3. Climate Action OfficeOutcome:•Incentives & Support for Building IQ Participants59 59Summary REMPQuestionsWork Plan Highlights: 1) CORE Strategic Plan2) Commercial Building Technical Outreach3) Support City’s Building IQ ProgramSupplementals: $0Capital: $060