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HomeMy WebLinkAboutordinance.council.041-88 ORDINANCE NO. ~/~_ _ _ (Series of 1988) AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $84,550; APPROPRIATING GENERAL FUND EXPENDITURES OF $58,200; REDUCING GENERAL FUND EXPENDITURES OF $18,800; RECLASSIFYING PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL FUND OF $1,500; TRANSFERRING PREVIOUSLY APPROVED GENERAL FUND EXPENDITURES OF $7,000 TO THE GOLF COURSE FUND; TRANSFERRING $6,800 FROM THE GENERAL FUND TO THE ICE GARDEN FUND; APPROPRIATING LAND FUND EXPENDITURES OF $7,500; TRANSFERRING PREVIOUSLY APPROVED LAND FUND EXPENDITURES OF $1,000 TO THE GENERAL FUND; REVERSING A TRANSFER OF $6,800 FROM THE LAND FUND TO THE GENERAL FUND; TRANSFERRING $27,000 FROM THE LAND FUND TO THE 1985 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND; APPROPRIATING WHEELER TRANSFER TAX FUND EXPENDITURES OF $13 ,000; TRANSFERRING PREVIOUSLY APPROVED WHEELER TRANSFER TAX FUND EXPENDITURES OF $4,000 TO THE GENERAL FUND; RECOGNIZING ASSET REPLACEMENT FUND REVENUES OF $73 ,800; APPROPRIATING ASSET REPLACEMENT FUND EXPENDITURES OF $93 ,800; REDUCING WATER FUND EXPENSES OF $900,000; TRANSFERRING PREVIOUSLY APPROVED WATER FUND EXPENSES OF $6,000 TO THE GENERAL FUND; REDUCING ELECTRIC FUND REVENUES OF $87,000; REDUCING ELECTRIC FUND EXPENSES OF $426,100; TRANSFERRING PREVIOUSLY APPROVED ELECTRIC FUND EXPENSES OF $1,000 TO THE GENERAL FUND; APPROPRIATING GOLF COURSE FUND EXPENSES OF $44,000; RECOGNIZING ICE GARDEN FUND REVENUES OF $2 ,500; APPROPRIATING ICE GARDEN FUND EXPENSES OF $9,300; APPROPRIATING POLICE PENSION FUND EXPENSES OF $35,000; 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; Wheeler Transfer Tax Fund; Asset Replacement Fund; 1985 Sales Tax Refunding Revenue Debt Service Fund; Water Fund; Electric Fund; Golf Course Fund; Ice Garden Fund; and unappropriated prior year fund balance available in the General Fund; Land Fund; Wheeler Transfer Tax Fund; Electric Fund; Golf Course Fund; and Police Pension 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: Section 1 Upon the City Manager's certification that there are current year revenues available for appropriation in the General Fund, Wheeler Transfer Tax Fund, Asset Replacement Fund, 1985 Sales Tax Refunding Revenue Debt Service Fund, Water Fund, Electric Fund, Golf Course Fund, Ice Garden Fund, and unappropriated prior year fund balance in the General Fund, Land Fund, Electric Fund, Golf Course Fund, and Police Pension 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 /~-~ day of ~ .... , 1988, at 5:00 p.m. in the City Council Chamber, Aspen City Hall, Aspen, Colorado. I~RODUCED, 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 Aspen, ~~ ___~_ 1988 William Stirling, Mayor ATTEST: Kathryn Koch, City Clerk FINALLY adopted, passed and approved on the ~~day of ~ , 1988. William Stirling, Mayor ATTEST: Kathryn Koch, City Clerk E X H I B I T "A" GENERAL FUND Revenues Planning Pitkin County (12,000) (Zoning Staff) Building Building Permits (8,500) (Correct Budget) Environmental Health From Pitkin County (2,050) (See Department Memo) Parks Pitkin County Parks Assoc (2,000) (Trees) 87 Lease Purchase (60,000) (Piston Bulley/ Accounting Entry) Total revenues (84,550) Expenditures General and Administrative Insurance Pool 5,000 (Marolt Barn ($7,000) and Correct Budget $12,000) City Council Contingency Fund (1,500) (Election Advertising) City Manager Staff 4,000 (Receptionist) City Hall 3,600 (Carpet) City Clerk Election Advertising 1,500 (Contingency Fund) EXHIBIT "A" cont. GENERAL FUND Planning Zoning Staff 24,000 (Previously Approved) Building Zoning Staff (12,000) (Previously Approved) Vehicle 8,500 (Buyout Lease Purchase) Environmental Health Operating Expense 4,100 (See Department Memo) Parks Staff (6,800) (Correct Budget) Trees 2,000 (Pitkin County Parks Assoc) Total expenditures 32,400 Transfers To Golf Course Fund 7,000 (Marolt Barn/Insurance Pool) To Ice Garden Fund 6,800 (Staff/Correct Budget) To Land Fund 6,800 (Reverse Parks Dept Staff and Correct Budget) From Land Fund (1,000) (Insurance Pool) From Wheeler Fund (4,000) (Insurance Pool) From Water Fund (6,000) (Insurance Pool) From Electric Fund (1,000) (Insurance Pool) Total transfers 8,600 EXHIBIT "A" cont. LAND FUND Expend itur es Insurance Pool (1,000) (Correct Budget) Rio Grande Conceptual SPA 7,500 Total expenditures 6,500 Transfers From General Fund (6,800) (Parks Dept Staff/Correct Budget) To General Fund 1,000 (Insurance Pool) To 1985 Sales Tax Refunding 27,000 Revenue Debt Service Fund (Accounting Entry) Total transfers 21,200 WHEELER TRANSFER TAX FUND Expenditures Construction 13,000 (Exterior Renovation) Insurance Pool (4,000) (Correct Budget) Total Expenditures 9,000 Transfers To General Fund 4,000 (Insurance Pool) Total transfers 4,000 EXHIBIT "A" cont. ELECTRIC FUND Revenues Underground District 87,000 (Correct Ordinance 13/ Bond Proceeds) Total revenues 87,000 Expenses Insurance Pool (1,000) (Correct Budget) Maroon Creek Hydro (336,100) (Correct Budget) Underground District (90,000) (Correct Ordinance 13) Total expenses (427,100) Transfers To General Fund 1,000 (Insurance Pool) Total transfers 1,000 GOLF COURSE FUND Expenses Marolt Barn 7,000 (From Insurance Pool) Capital Projects 37,000 Total expenses 44,000 Transfers From General Fund (7,000) (Marolt Barn/Insurance Pool) Total transfers (7,000) EXHIBIT "A" cont. ICE GARDEN FUND Revenues Johnson Hockey Camp (2,500) Total Revenues (2,500) Expenses Staff 6,800 (Correct Budget) Professional Fees 2,500 (Johnson Hockey Camp) Total expenses 9,300 Transfers From General Fund (6,800) (Staff/Correct Budget) Total transfers (6,800) POLICE PENSION FUND Expenses Withdrawals 35,000 Total expenses 35,000 EXHIBIT "A" cont. ASSET REPLACEMENT FUND Revenues Data Processing (58,800) (Computer Upgrade/ Pitkin County share) Recreation (15,000) (87 Lease Purchase) Total revenues (73,800) Expenditures Data Processing 93,800 (Correct Budget) Total expenditures 93,800 1985 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND Transfers From Land Fund (27,000) (Accounting Entry) Total transfers (27,000) WATER FUND Expenses Insurance Pool (6,000) (Correct Budget) Water Bond Refunding 900,000 (Accounting Entry) Total expenses 894,000 Transfers To General Fund 6,000 (Insurance Pool) Total transfers 6,000