HomeMy WebLinkAboutordinance.council.072-89 (Series of 1989)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $65 ,510;
APPROPRIATING GENERAL FUND EXPENDITURES OF $175,932;
RECLASSIFYING PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL
FUND OF $33,225; APPROPRIATING WHEELER TRANSFER TAX FUND
EXPENDITURES OF $6,800; RECOGNIZING ASSET REPLACEMENT FUND
REVENUES OF $90,500; APPROPRIATING ASSET REPLACEMENT FUND
EXPENDITURES OF $148 ,000; TRANSFERRING $66 ,000 FROM THE 1985
SALES TAX REVENUE REFUNDING DEBT SERVICE FUND TO THE LAND FUND;
TRANSFERRING $9,000 FROM THE GALENA STREET IMPROVEMENT DISTRICT
FUND TO THE GENERAL FUND; APPROPRIATING PARKING IMPROVEMENT
CAPITAL PROJECT FUND EXPENDITURES OF $437,000; TRANSFERRING
$264,000 FROM THE PARKING IMPROVEMENT CAPITAL PROJECT FUND TO THE
1989 CERTIFICATES OF PARTICIPATION FUND; APPROPRIATING GRADUATED
REAL ESTATE TRANSFER TAX FUND EXPENDITURES OF $200 ,000;
RECOGNIZING 1988 UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND
REVENUES OF $2,000; TRANSFERRING $41,000 FROM THE 1988
UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND TO THE ELECTRIC
FUND; TRANSFERRING $16,000 FROM THE WATER FUND TO THE ELECTRIC
FUND; APPROPRIATING ELECTRIC FUND EXPENSES OF $231,950;
RECOGNIZING RUEDI FUND REVENUES OF $48,000; APPROPRIATING RUEDI
FUND EXPENSES OF $40,000;
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; Asset
Replacement Fund; Graduated Real Estate Transfer Tax Fund; 1985
Sales Tax Revenue Refunding Debt Service Fund; 1989 Certificates
of Participation Fund; Parking Improvement Capital Project Fund;
Water Fund; Electric Fund; Ruedi Fund and unappropriated prior
year fund balance available in the General Fund; Galena Street
Improvement District Fund; and 1988 Undergrounding District
Capital Project 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, Asset Replacement Fund,
Graduated Real Estate Transfer Tax Fund, 1985 Sales Tax Revenue
Refunding Debt Service Fund, 1989 Certificates of Participation
Fund, Parking Improvement Capital Project Fund, Water Fund,
Electric Fund, Ruedi Fund, and unappropriated prior year fund
balance in the General Fund, Galena Street Improvement District
Fund, and 1988 Undergrounding District Capital Project 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 /~~/~j , 1989, at 5:00 p.m. in the
City Council Chamber, Aspen City Hall, Aspen, Colorado.
INTRODUCED, ~AD MD 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 Aspgn, ~~~, 1989.
William Stirling, Mayor
Kathry~ch, City Clerk
FINALLY adopted, passed and approved on the /F~-~day of
William Stirling, Mayor
ATTEST:
'Kathr City Clerk
E X H I B I T
GENERAL FUND
Revenue s
City Council
Contribution (1,250)
(trolley study)
Finance
Interest Income (25,000)
Planning
City Fees (8,000)
County Fees (8,670)
Housing
Fees (8,790)
(increased activity)
Environmental Health
State Grant (7,800)
Recreation
Hiking and Playground (6,000)
Fees
(increased activity)
Total Revenues (65,510)
Expenditures
City Council
Reclassify Contingency Funds (33,225)
Professional Fees 1,250
(contribution/trolley study)
Supplies and Services 10,900
(dept request)
Parking Structure Consultant 2,000
(Contingency Fund)
MSM (Executive Recruiting) 17,500
(Contingency Fund)
NEPA Seminar 200
(Contingency Fund)
RFTA 7,625
(Contingency Fund)
Exhibit "A" cont.
GENERAL FUND
City Council cont.
Rio Grande Right of Way 1,900
(Contingency Fund)
Traffic Study 2,500
City Manager
Wages 3,650
(bi-weekly payroll)
Dependent Health Insurance 300
(accounting entry)
City Hall Improvements 40,000
City Clerk
Dependent Health Insurance 400
(accounting entry)
City Attorney
Wages 6,800
(raises $5,000 and
bi-weekly payroll)
Professional Fees 8,000
Finance
Wages 10,050
(turn over and temporary
reclassification $3,000,
and bi-weekly payroll)
Dependent Health Insurance 400
(accounting entry)
Contracted Services 1,500
(meter reading contract)
Planning
Wages 17,050
(City only planner $8,000
and bi-weekly payroll)
Supplies and Services 8,670
(County only)
Supplies and Services 3,900
(general and administrative)
Professional Fees 4,000
(Contingency Fund)
Exhibit ~'A~' cont.
GENERAL FUND
Engineering
Wages 3,900
(bi-weekly payroll)
Housing
Staff and Support 6,912
(increased activity)
Environmental Health
. Wages 6,750
(turn over $2,500
and bi-weekly payroll)
Purchased Services 7,800
(state grant)
Police
Wages 21,250
(bi-weekly payroll)
Dependent Health Insurance 1,300
(accounting entry)
Municipal Court
Wages 3,200
(correct budget $1,500
and bi-weekly payroll)
Streets
Wages 2,000
(temporary staff)
Recreation
Wages 7,250
(hiking program $6,000
and bi-weekly payroll)
Dependent Health Insurance 200
(accounting entry)
Total Expenditures 175,932
Transfers
From Galena Street (9,000)
Improvement District
(entry to close fund)
Total Transfers (9,000)
Exhibit "A" cont.
LAND FUND
Transfers
From 1985 Sales Tax Revenue (66,000)
Refunding Debt Service Fund
(earnings on reserve fund)
Total Transfers (66,000)
WHEELER TRANSFER TAX FUND
Expenditures
Dependent Health Insurance 400
(accounting entry)
Supplies and Services 6,400
(Department request)
Total Expenditures 6,800
ASSET REPLACEMENT FUND
Rev e nues
Data Processing
Lease Purchase (33,000)
(carry forward)
County Share (57,500)
(carry forward)
Total Revenues (90,500)
Expenditures
Data Processing
Equipment 148,000
(carry forward)
Total Expenditures 148,000
GRADUATED REAL ESTATE TRANSFER TAX FUND
Expenditures
Employee Housing 200,000
Total Expenditures 200,000
Exhibit b'A~' cont.
1985 SALES TAX REVENUE REFUNDING DEBT SERVICE FUND
Transfers
To Land Fund 66,000
(earnings on reserve fund)
Total Transfers 66,000
1989 CERTIFICATES OF PARTICIPATION FUND
Transfers
From Parking Improvement (264,000)
Capital Project Fund
(accounting entry)
Total Transfers (264,000)
GALENA STREET IMPROVEMENT DISTRICT FUND
Transfers
To General Fund 9,000
(entry to close fund)
Total Transfers 9,000
PARKING IMPROVEMENT CAPITAL PROJECT FUND
Expenditures
Construction fees 437,000
Total Expenditures 437,000
Transfers
To 1989 Certificates 264,000
of Participation Fund
(accounting entry)
Total Transfers 264,000
1988 UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND
Revenue s
Interest Income (2,000)
Total Revenues (2,000)
Exhibit b'A~' cont.
1988 UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND
Transfers
To Electric Fund 41,000
(entry to close fund)
Total Transfers 41,000
WATER FUND
Transfers
To Electric Fund 16,000
(Maroon Creek)
Total Transfers 16,000
ELECTRIC FUND
Expenses
Wages 6,750
(turn over $3,500
and bi-weekly payroll)
Dependent Health Insurance 200
(accounting entry)
Purchased Power 195,000
(accounting entry)
Maroon Creek 30,000
Total Expenses 231,950
Transfers
From 1988 Undergrounding (41,000)
District Capital Project
Fund
(entry to close fund)
From Water Fund (16,000)
(Maroon Creek)
Total Transfers (57,000)
Exhibit "A'' cont.
RUEDI FUND
Revenues
Electric Sales (48,000)
(accounting entry)
Total Revenues (48,000)
Expenses
FERC Fees 40,000
Total Expenses 40,000