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HomeMy WebLinkAboutordinance.council.061-90 ORDINANCE NO. ~/ (Series of 1990) AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $74,425; APPROPRIATING GENERAL FUND EXPENDITURES OF $83,755; RECLASSIFYING PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL FUND OF $264,800; APPROPRIATING LAND FUND EXPENDITURES OF $31,500; TRANSFERRING $89,000 FROM THE LAND FUND TO THE 1987 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND; RECOGNIZING ASSET REPLACEMENT FUND REVENUES OF $57,500; APPROPRIATING ASSET REPLACEMENT FUND EXPENDITURES OF $110,000; RECOGNIZING HOUSING / DAYCARE FUND REVENUES OF $837,000; APPROPRIATING HOUSING / DAYCARE FUND EXPENDITURES OF $1,054,000; TRANSFERRING $34,000 FROM THE 1987 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND TO THE LAND FUND; APPROPRIATING 1989 CERTIFICATES OF PARTICIPATION FUND EXPENDITURES OF $3,500; RECOGNIZING PARKING IMPROVEMENT CAPITAL PROJECT FUND REVENUES OF $12,000; APPROPRIATING PARKING IMPROVEMENT CAPITAL PROJECT FUND EXPENDITURES OF $12,000; APPROPRIATING WATER FUND EXPENSES OF $162,693; TRANSFERRING $800,000 FROM THE WATER FUND TO THE HOUSING / DAYCARE FUND; APPROPRIATING GOLF COURSE FUND EXPENSES OF $3,000; RECOGNIZING ICE GARDEN FUND REVENUES OF $11,000; APPROPRIATING ICE GARDEN FUND EXPENSES OF $11,000; WHEREAS, by virtue of Section 9.12 of the Home Rule Charter, the Clty 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; Asset Replacement Fund; Housing / Daycare Fund; 1985 Sales Tax Refunding Revenue Debt Service Fund; 1987 Sales Tax Refunding Revenue Debt Service Fund; 1989 Certificates of Participation Fund; Parking Improvement Capital Project Fund; Water Fund; Golf Course Fund; Ice Garden Fund and unappropriated prior year fund balance available in the Asset Replacement Fund and Water 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, Asset Replacement Fund, Housing / Daycare Fund, 1985 Sales Tax Refunding Revenue Debt Service Fund, 1987 Sales Tax Refunding Revenue Debt Service Fund, 1989 Certificates of ParticIpation Fund, Parking Improvement Capital Project Fund, Water Fund, Golf Course Fund, Ice Garden Fund, and unappropriated prior year fund balance in the Asset Replacement Fund and Water 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 th~s 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 port~on thereof. Section 3 A public hearing on the ordinance shall be held on the ~%'/ day of ~~ , 1990, at 5:00 p.m. in the City Council Chamber, Aspen City Hall, Aspen, Colorado. INTRODUCED, REm ~D 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,~_~___~ ____, 1990. W~lliam Stlrling, Mayor -ATTEST: Kathryn Koch, City Clerk FINABL¥ adopted, passed and approved on the ~J day of W±ll±am Stifling, ~ayor ATTEST: , ~¢~.ty Clerk E X H I B I T "A'~ GENERAL FUND Revenues City Manager Refund of expenditure (13,000) (Roaring Fork Forum) Planning Pltkln County (11,600) (pay for performance) Pltkln County (14,000) (land use update) EnvIronmental Health Refund of expenditure (1,900) (State of Colorado) Police P~tk~n County (6,900) (overtlme-McClain Flats) Streets Auction revenue (23,700) Data Processing Pltkln County (3,325) (pay for performance) Total Revenues (74,425) Exhlblt "A'~ cont. GENERAL FUND Expenditures General and Administrative Pay for performance (187,800) (reclassify to departments) Health Insurance 114,850 City Manager Wages (30,000) (reclassify to health ins.) Roaring Fork Forum 13,000 Personnel Wages 2,100 (pay for performance) Professional fees (salary study) 25,000 City Clerk Wages 6,050 (pay for performance) Election supplies 7v650 (department request) City Attorney Wages 2,500 (pay for performance) Finance Wages (10,000) (reclassify to health ins.) Exhlblt '~A'~ cont. GENERAL FUND Planning Wages 23,200 (pay for performance) Professional fees 14,000 (Land use element/Pltkln Co.) Engineering Wages 5,100 (pay for performance) Environmental Health Travel 1,900 (State of Colorado) Police Wages 43,600 (pay for performance) Overtime 6,900 (McClain Flats/Pltkin Co.) Overtime 4,800 (Bush/Thatcher) Supplies & Services 11,805 (Bush/Thatcher) Wages (20,000) (reclassify to health ins.) Wages (17,000) (reclassify to Communications) Municipal Court Wages 3,650 (pay for performance) Exhiblt "A~' cont. GENERAL FUND Communication Wages 17,000 (reclassify from Police) Streets Wages 13,700 (pay for performance) Fleet Malnt. Management 23,700 (auction revenue) Data Processing Wages 6,650 (pay for performance) Recreation Wages 1,400 (pay for performance) Total Expenditures 83,755 LAND FUND ExpendItures Aspen Meadows Consultants 30,000 Professional fees 1,500 (bank charges) Total Expenditures 31,500 Exhibit '~A'~ cont. LAND FUND Transfers From 1985 Sales Tax Refunding Revenue Debt Service Fund (34,000) (accounting entry/ interest revenue) To 1987 Sales Tax RefundIng Revenue Debt Service Fund 89,000 (accounting entry/ debt reserve) Total Transfers 55,000 ASSET REPLACEMENT FUND Revenues City Clerk (7,500) (trade in) Data Processing (50,000) (Pltk~n Co.) Total Revenues (57,500) Expenditures City Clerk Copy Machine 10,000 (3rd floor) Data Processing Computer Upgrade 100,000 (carry forward) Total Expenditures 110,000 Exhlblt "A'~ cont. HOUSING / DAYCARE FUND Revenues Short Term Note (525,000) (Austin property) Sales Tax (312,000) (recognize new tax) Total Revenues (837,000) Expenditures Debt Service & Fees 550,000 (short term note) Profession fees 5,000 (day care study) Employee Housing 499,000 (accountIng entry) Total Expenditures 1,054,000 Transfers From Water Fund (800,000) (accounting entry) Total Transfers (800,000) 1985 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND Transfers To Land Fund 34,000 (accountIng entry/ interest revenue) Total Transfers 34~000 Exhzbit ~'A'~ cont. 1987 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND Transfer From Land Fund (89,000) (accounting entry/ debt reserves) Total Transfers (89,000) 1989 CERTIFICATES OF PARTICIPATION FUND ExDenditures Professional fees 3~500 (debt service) Total Expenses 3,500 PARKING IMPROVEMENT CAPITAL PROJECT FUND Revenues Contributions (12,000) (Benches) Total Revenues (12,000) Expenses Other Materials 12,000 (Benches) Total Expenses 12,000 WATER FUND Expenses Construction fees 162,693 (Capital Improvement Pro].) Total Expenses 162,693 Exhlbit '~A~ cont. WATER FUND Transfers To Housing / Daycare Fund 800,000 (accounting entry) Total Transfers 800,000 GOLF COURSE FUND Expenses Debt Service 3,000 (accounting entry) Total Expenses 3,000 ICE GARDEN FUND Revenue Johnson Hockey School (11,000) (increased activity) Total Revenues (11,000) Expenses Professional fees 11,000 (Johnson Hockey School Total Expenses 11,000