HomeMy WebLinkAboutordinance.council.053-89 ORDINANCE NO. ~ ~
(Series of 1989)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $15,000;
APPROPRIATING GENERAL FUND EXPENDITURES OF $618,534;
RECLASSIFYING PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL
FUND OF $126,325; REDUCING GENERAL FUND EXPENDITURES OF $74,770;
RECOGNIZING LAND FUND REVENUES OF $50,000; APPROPRIATING LAND
FUND EXPENDITURES OF $122,000; APPROPRIATING WHEELER TRANSFER TAX
FUND EXPENDITURES OF $850; RECOGNIZING PARKING IMPROVEMENT FUND
REVENUES OF $140,000; REVERSING A TRANSFER OF $468,000 FROM THE
PARKING IMPROVEMENT FUND TO THE 1989 SALES TAX REVENUE REFUNDING
DEBT SERVICE FUND; TRANSFERRING $600,000 FROM THE PARKING
IMPROVEMENT FUND TO THE PARKING IMPROVEMENT CAPITAL PROJECT FUND;
RECOGNIZING GRADUATED REAL ESTATE TRANSFER TAX FUND REVENUES OF
$280 ,000; REDUCING 1989 SALES TAX REVENUE REFUNDING DEBT SERVICE
FUND EXPENDITURES OF $364,000; APPROPRIATING UNDERGROUND ELECTRIC
UTILITY IMPROVEMENT DISTRICT NUMBER ONE DEBT SERVICE FUND
EXPENDITURES OF $1,500; RECOGNIZING PARKING IMPROVEMENT CAPITAL
PROJECT FUND REVENUES OF $300 ,000; APPROPRIATING PARKING
IMPROVEMENT CAPITAL PROJECT FUND EXPENDITURES OF $900,000;
RECOGNIZING TRUSCOTT PLACE CAPITAL PROJECT FUND REVENUES OF
$4,600,000; APPROPRIATING TRUSCOTT PLACE CAPITAL PROJECT FUND
EXPENDITURES OF $4,600,000; APPROPRIATING WATER FUND EXPENSES OF
$1,130; APPROPRIATING ELECTRIC FUND EXPENSES OF $570; REVERSING A
TRANSFER OF $74,770 FROM THE ELECTRIC FUND TO THE GENERAL FUND;
TRANSFERRING $72,000 FROM THE ELECTRIC FUND TO THE LAND FUND;
APPROPRIATING GOLF COURSE FUND EXPENSES OF $400; RECOGNIZING ICE
GARDEN FUND REVENUES OF $14,625; APPROPRIATING ICE GARDEN FUND
EXPENSES OF $8,380;
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;
Parking Improvement Fund; Graduated Real Estate Transfer Tax
Fund; 1989 Sales Tax Revenue Refunding Debt Service Fund;
Underground Electric Utility Improvement District Number One Debt
Service Fund; Parking Improvement Capital Project Fund; Truscott
Place Capital Project Fund; Water Fund; Electric Fund; Golf
Course Fund; Ice Garden Fund; and unappropriated prior year fund
balance available in the General Fund; and Electric 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,
Land Fund, Wheeler Transfer Tax Fund, Parking Improvement Fund,
Graduated Real Estate Transfer Tax Fund, 1989 Sales Tax Revenue
Refunding Debt Service Fund, Underground Electric Utility
Improvement District Number One Debt Service Fund; Parking
Improvement Capital Project Fund, Truscott Place Capital Project
Fund, Water Fund, Electric Fund, Golf Course Fund, Ice Garden
Fund, and unappropriated prior year fund balance in the General
Fund, and the Electric 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-- ~ 1989, 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 Aspen, ~~ , 1989.
William Stirling, Mayor
ATTEST:
Kathryn Koch, City Clerk
FINALLY adopted, passed and approved on the ///~day of
, ~ , 1989.
William Stifling, Mayor
Kathryn~o~h, /City Clerk
E X H I B I T ~'A~'
GENERAL FUND
Revenues
Finance
Interest Income (10,000)
Planning
Pitkin County Share (5,000)
(temporary help)
Total Revenues (15,000)
Expenditures
General and Administrative
Reclassify Pay For Performance (114,300)
City Council
Reclassify Contingency Funds (12,025)
Aspen Sports Festival 6,000
(Contingency Fund)
ARA Kiosk 475
(Contingency Fund)
Tenth Mountain Division 500
(Contingency Fund)
Professional Fees 25,000
(Hadid review)
Purchased Services 7,150
(goal setting, auto free days,
historic week banner)
City Manager
Pay For Performance 3,600
Health Insurance 520
Recycling Banner 50
(Contingency Fund)
Personnel
Pay For Performance 2,400
Health Insurance 150
Exhibit "A'~ cont.
GENERAL FUND
City Clerk
Pay For Performance 5,100
Health Insurance 560
City Attorney
Pay For Performance 1,500
Health Insurance 210
Professional Fees 50,000
Finance
Pay For Performance 12,600
Health Insurance 1,230
Professional Fees 2,600
(investment program)
Planning
Pay For Performance 13,800
Health Insurance 1,380
Temporary Help 5,000
(Pitkin County only)
Engineering
Pay For Performance 3,700
Health Insurance 660
Marolt Soil Testing 5,000
(Contingency Fund)
Environmental Health
Pay For Performance 8,300
Health Insurance 530
Police
Pay For Performance 30,200
Health Insurance 4,040
Municipal Court
Pay For Performance 3,300
Health Insurance 300
Streets
Pay For Performance 11,400
Health Insurance 1,330
City shop 249,484
(asbestos removal)
Exhibit "A~ cont.
GENERAL FUND
Parks
Pay For Performance 11,300
Health Insurance 1,200
Data Processing
Pay For Performance 5,500
Health Insurance 420
Recreation
Pay For Performance 1,600
Health Insurance 770
Capital Improvements
Employee Housing 212,000
(Taddune house)
Front End Loader 54,000
Trails (74,770)
(accounting entry)
Total Expenditures 543,764
Transfers
To Electric Fund 74,770
(reverse transfer/
accounting entry)
Total Transfers 74,770
LAND FUND
Rev enue s
State Of Colorado (50,000)
(trails program)
Total Revenues (50,000)
Exhibit '~A" Cont.
LAND FUND
Expenditures
Construction Fees 122,000
(trails program)
Total Expenditures 122,000
Transfers
From Electric Fund (72,000)
(trails program)
Total Transfers (72,000)
WHEELER TRANSFER TAX FUND
Expenditures
Health Insurance 850
Total Expenditures 850
PARKING IMPROVEMENT FUND
Revenues
In Lieu Of Development Fees (140,000)
(accounting entry)
Total Revenues (140,000)
Transfers
From 1989 Sales Tax Revenue (468,000)
Refunding Debt Service Fund
(reverse transfer/
accounting entry)
To Parking Improvement Capital 600,000
Project Fund
(accounting entry)
Total Transfers 132,000
Exhibit ~'A" cont.
GRADUATED REAL ESTATE TRANSFER TAX FUND
Rev enue s
Real Estate Transfer Tax (280,000)
(accounting entry)
Total Revenues (280 ,000)
1989 SALES TAX REVENUE REFUNDING DEBT SERVICE FUND
Expenditures
Debt Service (364,000)
(accounting entry)
Total Expenditures (364,000)
Transfers
To Parking Improvement Fund 468,000
(reverse transfer/
accounting entry)
Total Transfers 468,000
UNDERGROUND ELECTRIC UTILITY IMPROVEMENT DISTRICT
NUMBER ONE DEBT SERVICE FUND
Expenditures
Collection Fees 1,500
(Pitkin County)
Total Expenditures 1,500
PARKING IMPROVEMENT CAPITAL PROJECT FUND
Revenues
Proceeds From Bonds (300,000)
(accounting entry)
Total Revenues (300,000)
Exhibit i~Ab' cont.
PARKING IMPROVEMENT CAPITAL PROJECT FUND
Expenditures
Professional Fees 200,000
(bond issuing cost)
Construction Fees 700,000
Total Expenditures 900,000
Transfers
From Parking Improvement Fund (600,000)
(accounting entry)
Total Transfers (600,000)
TRUSCOTT PLACE CAPITAL PROJECT FUND
Rev enue s
Proceeds From Bonds (4,600,000)
Total Revenues (4,600,000)
Expenditures
City Of Aspen 1,000,000
Professional Fees 200,000
(bond issuance cost)
Construction Fees 3,400,000
Total Expenditures 4,600,000
WATER FUND
Expenses
Health Insurance 1,130
Total Expenses 1,130
Exhibit i'A" cont.
ELECTRIC FUND
Expenses
Health Insurance 570
Total Expenses 570
Transfers
From General Fund (74,770)
(reverse transfer/
accounting entry)
To Land Fund 72,000
(trails program)
Total Transfers (2,770)
GOLF COURSE FUND
Expenses
Health Insurance 400
Total Expenses 400
ICE GARDEN FUND
Revenues
Hockey Camp Program (14,625)
Total Revenues (14,625)
Expenses
Health Insurance 380
Professional Fees 8,000
(hockey camp)
Total Expenses 8,380