HomeMy WebLinkAboutordinance.council.037-86 ORDINANCE NO. ~__
(Series of 1986)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUE OF $423,900; APPROP-
RIATING GENERAL FUND EXPENDITURES OF $295,300; REDUCING GENERAL
FUND EXPENDITURES OF $9,000; RECLASSIFYING PREVIOUSLY APPROVED
EXPENDITURES WITHIN THE GENERAL FUND OF $17,780; TRANSFERRING
PREVIOUSLY APPROVED GENERAL FUND EXPENDITURES OF $3,170 TO THE
GOLF COURSE FUND; TRANSFERRING PREVIOUSLY APPROVED GENERAL FUND
EXPENDITURES OF $4,440 TO THE ICE GARDEN FUND; REVERSING A
TRANSFER OF $370,000 FROM THE GENERAL FUND TO THE 1986 DEBT
SERVICE FUND; TRANSFERRING $100,000 FROM THE GENERAL FUND TO THE
WHEELER TRANSFER TAX FUND; TRANSFERRING $209,000 FROM THE GENERAL
FUND TO THE ELECTRIC FUND; APPROPRIATING LAND FUND EXPENDITURES
OF 945,000; RECOGNIZING WHEELER TRANSFER TAX FUND REVENUES OF
$1,000; APPROPRIATING WHEELER TRANSFER TAX FUND EXPENDITURES OF
$101,000; REDUCING 1986 DEBT SERVICE FUND EXPENDITURES OF $370,000;
REDUCING 1986 CAPITAL PROJECTS FUND REVENUES OF $3,000,000;
REDUCING 1986 CAPITAL PROJECTS FUND EXPENDITURES OF $3,000,000;
APPROPRIATING WATER FUND EXPENSES OF $14,625; REVERSING A TRANSFER
OF $4,000 FROM THE WATER FUND TO THE GENERAL FUND; APPROPRIATING
ELECTRIC FUND EXPENSES OF $463,000; REVERSING A TRANSFER OF
$5,000 FROM THE ELECTRIC FUND TO THE GENERAL FUND; RECOGNIZING
GOLF COURSE FUND REVENUES OF $6,300; APPROPRIATING GOLF COURSE
FUND EXPENSES OF 8,170; APPROPRIATING ICE GARDEN FUND EXPENSES OF
$4,440; REDUCING LODGE IMPROVEMENT DISTRICT FUND REVENUES OF
; $5,000,000; APPROPRIATING LODGE IMPROVEMENT DISTRICT FUND
EXPENDITURES OF $83,200; REDUCING LODGE IMPROVEMENT DISTRICT FUND
EXPENDITURES OF $5,000,000;
WHEREAS, by virtue of Section 9.12 of the Home Rule Charter,
the City Council may make supplemental appropriations; and
WHEREAS, the City Manager has certified that the City has
unappropriated current year revenues available for appropriation
in the General Fund; Land Fund; Wheeler Transfer Tax Fund; Water
Fund; Electric Fund; Golf Course Fund; Ice Garden Fund; and Lodge
Improvement District Fund; and
WHEREAS, the City Council is advised that certain expendi-
tures, revenues and transfers must be approved,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Sec.tion 1
Upon the City Manager's certification that there are current
year revenues available for appropriation in the General Fund,
Land Fund, Wheeler Transfer Tax Fund, Water Fund, Electric Fund,
Golf Course Fund, Ice Garden Fund, and Lodge Improvement District
Fund, the City Council hereby makes supplemental appropriations
as itemized in Exhibit "A" attached.
Section 2
If any section, subsection, sentence, clause, phrase or
portion of this ordinance is for any reason held invalid or
unconstitutional by any court of competent jurisdiction, such
portion shall be deemed a separate, distinct and independent
provision and such holding shall not affect the validity of the
remaining portion thereof.
Section 3
A public hearing on the ordinance shall be held on the
_3~.~ day of ~ , 1986, at 5:00 p.m.
in
the City Council Chamber, Aspen City Hall, Aspen, Colorado.
INTRODUCED, READ AND ORDERED published as provided by law by the
City Council of the City of Aspen, Colorado, at its regular
meeting held at the City of Aspe~n,~_Z~--~/~D, 1986.
William Stirling, Mayor
ATTEST:
___
Kathryn Koch, City Clerk
FINALLY adopted, passed and approved on the~-~ lay of
William Stirling, Mayor
ATTEST:
E X H I B I T "A,"
GENERAb FUND
Revenues
Planning
Colorado Historical (4,900)
Finance
Business licenses (25,000)
Employee housing
Castleridge settlement (209,000)
MacArthur house (..185,000)
Total Revenues (423,900)
ExDen.ditures
Contributions
ARA staffing 5,000
(contingency funds)
Junior volleyball 2,280
(contingency funds)
Aspen film 5,000
(contingency funds)
City Council
Reclassifying contingency
funds (17,780)
Chamonix trip 2,000
(contingency funds)
City Manager
Reclassifying Comparable
Worth and Wellness program(7,610)
(accounting entry)
Pay for performance 1,500
(contingency funds)
City Hall renovation 194,000
(85 carry forward)
Finance
Staffing 6,000
(Business licenses)
Contracted Services (9,000)
(accounting entry/reversal)
Exhibit "A" cont.
Planning
Code simplification 39,900
Engineering
Mountain slide geologist 2,000
(contingency funds)
Environmental Health
Air pollution equipment 15,400
Recreation
Recreation study 25,000
( 86 CIP)
Employee Housing
MacAr ther House 15,000
Total Expenditures 278,690
To Wheeler Transfer Tax Fund 100,000
( 86 CIP)
To Water Fund 4,000
(reverse transfer to Finance
department )
To Electric Fund 214,000
(reverse transfer to Finance
department-S5,000 and repayment
of Castleridge note-S209,000)
To Golf Course Fund 3,170
(Comp worth and wellness)
To Ice Garden Fund 4,440
(Comp worth and wellness)
From 1986 Debt Service Fund (370,000)
(reverse transfer for debt)
(44,390)
Total Transfers
Exhibit "A" cont.
LAND FUND
Expenditures
Little Cloud property 40,000
(debt principal)
Park improvements 25,000
( 86 CIP)
Parks building 63,000
( 86 CIP)
Trail improvements 100,000
( 86 CIP)
Sawmill property 102,000
( 86 CIP)
Shadow mountain property 115,000
( 86 CIP)
Lixiviation bridge 500,000
( 86 CIP)
Total Expenditures 945,000
W~EELER TRANSFER TAX FUND
Rev e nue s
Donation ( 1,000 )
(Mountain Bell)
Total Revenues (1,000)
Expenditures
Repairs and improvements 100,000
( 86 CIP)
Printing & publishing 1,000
(donation)
Total Expenditures 101,000
Transfers
From General Fund (100,000)
( 86 CIP)
Total Transfers (100,000)
Exhibit "A" cont.
1986 DEDT SERVICE FU.N.D
Exp~ nses
Debt Service (370,000)
(accounting entry/reversal)
Total Expenses (370,000)
.Transfers
To General Fund 370,000
(reverse transfer for debt)
Total Transfers 370,000
1986 CAPITAL PROJECTS FUND
Rev e nue s
Bond proceeds 3,000,000
(accounting entry/reversal)
Total Revenues 3,000,000
Expenses
Construction (3,000,000)
(accounting entry/reversal)
Total Expenses (3,000,000)
WATER FUND
Expenses
Little Nell Interconnect 14,625
Total Expenses 14,625
Transfers
From General Fund (4,000)
(reverse transfer to Finance
depa r tment )
Total Transfers (4,000)
Exhibit "A" cont.
E~ ECTRI~ FUND
ExpeDses
Maroon Creek Hydropower 410,000
Ruedi Construction 53,000
(loan from General Fund)
Total Expenses 463,000
From General Fund (214,000)
(reverse transfer to Finance
department-S5,000 and repayment
of Castleridge note-S209,000)
Total Transfers (214,000)
GOLF COURSE FUND
Revenues
Greens fees (6,300)
(early opening)
Total Revenues (6,300)
Expenses
Salary 5,000
(early opening)
Comparable worth and wellness 3,170
Total Expense 8,170
From General Fund (3,170)
(Comp worth and wellness)
Total Transfers (3,170)
Exhibit "A" cont.
I~E GARDEN FUND
Expenses
Comparable worth and wellness 4,440
Total expenses 4,440
From General Fund (4,440)
(comp worth and wellness)
Total Transfers (4,440)
LODGE IMPROVEMENT DISTRI .~. FUND
.R. even ue s
Bond proceeds 5,000,000
(accounting entry/reversal)
Total Revenues 5,000,000
Expenses
Construction fees (4,916,800)
(accounting entry/reversal
of $5,000,000 and expense of
$83,200
Total Expenses (4,916,800)