HomeMy WebLinkAboutordinance.council.075-90 l'/W ORDINANCE NO.
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $80~100;
APPROPRIATING GENERAL FUND EXPENDITURES OF $86~465; RECLASSIFYING
PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL FUND OF
$8@~600; TRANSFERRING $2~000 FROM THE GENERAL FUND TO THE ICE
GARDEN FUND; TRANSFERRING $11,000 FROM THE LAND FUND TO THE
GENERAL FUND; TRANSFERRING $5~000 FROM THE WHEELER TRANSFER TAX
FUND TO THE GENERAL FUND; TRANSFERRING $2~000 FROM THE PARRING
IMPROVEMENT FUND TO THE GENERAL FUND; TRANSFERRING $~0~000 FROM
THE 1982 SALES TAX REFUNDING REVENUE FUND TO THE TRANSPORTATION
FUND; TRANSFERRING $310,000 FROM THE PARKING IMPROVEMENT FUND TO
THE PARKING IMPROVEMENT CAPITAL PROJECT FUND; RECOGNIZING HOUSING
/ DAYCARE FUND REVENUES OF $7~,000r APPROPRIATING HOUSING /
DAYCARE FUND EXPENDITURES OF $85~000; REDUCING ELECTRIC
UNDERGROUNDING CAPITAL IMPROVEMENT DISTRICT NUMBER TWO FUND
EXPENDITURES OF $130,000; REDUCING WATER FUND REVENUES OF
$600~000; APPROPRIATING WATER FUND EXPENSES OF $90~000;
TRANSFERRING $16,000 FROM THE WATER FUND TO THE GENERAL FUND;
TRANSFERRING $110~000 FROM THE WATER FUND TO THE HOUSING /
DAYCARE FUND; APPROPRIATING ELECTRIC FUND EXPENSES OF $202~000;
RECLASSIFYING PREVIOUSLY APPROVED EXPENSES WITHIN THE ELECTRIC
FUND OF $15,000; TRANSFERRING $20~000 FROM THE ]ELECTRIC FUND TO
THE GENERAL FUND; TRANSFERRING $360~000 FROM THE ELECTRIC F~ND TO
O THE PARRING IMPROVEMENT FUND; REVERSING A TRANSFER OF $!30~000
',.i FROM THE ELECTRIC FUND TO THE ELECTRIC UNDERGROUNDING CAPITAL
IMPROVEMENT DISTRICT NUMBER TWO FUND; TRANSFERRING $2~000 FROM
THE RUEDI FUND TO THE GENERAL FUND, TRANSFERRING $2,000 FROM THE
i GOLF COURSE FUND TO THE GENERAL FUND; TRANSFERRING $2~000 FROM
THE ICE GARDEN FUND TO THE GENERAL FUND; RECOGNIZING TRUSCOTT
PLACE HOUSING FUND REVENUES OF $~0,000; APPROPRIATING TRUSCOTT
PLACE HOUSING FUND EXPENSES OF $30~000; RECOGNIZING MAROLT
HOUSING FUND REVENUES OF $26~000; APPROPRIATING MAROLT HOUSING
FUND EXPENSES OF
WHEREAS, by v~rtus of Section 9.12 of the Home Rule Charter,
the City Counc~i may make supplemental appropriations; and
WHEREAS~ the C~ty Manager has certified that the City has
unappropriated current year revenues available for appropriation
~n tbs General Fund; Land Fund; Wheeler Transfer Ta~ Fund;
Parkln~ Improvement Fund; Housing / Daycare Fund; Parking
Improvement Capital Pro3ect Fund; Golf Course Fund; Ice Garden
Fund; Truscott Place Housing Fund; Marolt Housing Fund and
unappropriated prior year £und balance available in the General
Fund, Transportation Fund; 1982 Sales Tax Refunding Revenue Fund;
Housing / Daycare Fund~ E]ectrlc Underg]~eundzng Capital
Improvement District Number Two Fund; Water Fund; Electric Fund
and Ruedl Fund; and
WHEREAS, the City Council ~s advised that cerLaln expend~-
tufas, 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 ~n the General Fund~
Land Fund, Wheeler Transfer Ta~ Fund, Parking Improvement Fund,
Housing / Deycare Fund~ Parking Improvement Cap~tal Pro3ect Fund,
Golf Course Fund, Ice Garden Fund~ Truscott Place Housing Fund~
Merolt Housing Fund and unappropriated prior year fund balance
available in the General Fund, Transportation Fund~ 1982 Sales
Tax Refunding Revenue Fund, Housing / Daycare Fund~ Electric
Undergrounding Capital Improvement District Number Two Fund~
Water Fund, Electric Fund and Ruedi Fund, the City Council hereby
makes s~pplemental appropriatlonz as itemized in Exhibit "A"
attached.
Section 2
If any eec]_lon~ subsectlon~ se~tence~ clause~ phrase or
portion of this ordinance is for any reason held invalid or
unconstitutional by any court of competent jurisdictlon~ euch
5
pmrtien shall be deemed a separate~ distinct and independent
provision and such heldin9 shall net affect the validity of the
remaining portion thereo£~
Section
A public hearing on tbs ordinance shell be held on the
___/_ _~_~___ day of ~ .... , 1990~ at 5:00 p~m. in the
City Csuncil Chamher~ Aspen City Hall, A~pen, Colorado.
INTRODUCED~ READ AND ORDERED published as provided by law by
City Council of the City of Aspen~ Celorade~ at its regular
raeeting held st the City of
........
William Stirling, Mayor
ATTEST:
~ath~yn Koch~ C~tF Clerk
FINALLY adol,tmd~ pas~od and approved on tho .... day of
Wlll~em Stirlinq~ Mayor
Kathryn Koch, City Clel~k
E X H I B I T "A"
GENERAL FUND
Revenues
City Manager
Refund of expenditure (30~000)
(Roaring Fork Forum)
Finance
Franchise fees (4,600)
(Canyon Cable)
Police
Refund of Expenditure (13,500)
(security work)
Parks
Encroachment license (32r000)
(1010 Ute)
Total Revenues (80~100)
Expenditures
General and Administrative
Pay for perfarr~ance (10~100)
(reclassl£y)
Other materzal~ 1,000
(co,fee)
City Council
Reclasszfy Contzngency Funds (2~500)
Other services/house repairs 2,500
(contingency funds)
Contrzbutions 4r600
(% of Franchzse fees)
Exhibit "A" cont.
GENERAL FUND
Expenditures
C~ty Manager
Waggs 10,100
(reclaaszfy from PFP pool)
Roaring Fork Forum 30,000
Police
Ovgrtlma 7,000
(security)
Communications
Wages 4~865
(merit ralsgs)
Parks
Construction fogs 32,000
(1010 Uts)
Wages 7~000
(Hlkmng/daycarg and
administration)
Construction fags 27,000
(reclassify from snowmelter)
Capital Improvement Pro3gcts
Storm dralnagg (49~000)
(reclassify to Hallam leks
and Independgnce pass)
Hallam ]akg 34,000
Indapgndencg pass 15,000
Snowmaltmr (27,000)
(rgclasslfy to Moore pool)
Total Expgndlturgs 86,465
Exn~biL "A" cont~
GENERAL FUND
From Land Fund (11~000)
(additional overhead allocation)
From Wheeler Transfer Tax Fund
(additional overhead allocation)
From Parking Improvament Fund (2~,000)
addlt!onal overhead allocation)
From Water Fund (16,000)
additional overhead allocation)
From Electric Fund (20,000)
(additional overhead allocation)
From Ruedl Fund (2,000)
additional overhead allocation)
From Golf Fund (2~000)
additional overhead allocation)
From Ice Garden Fund (2,000)
add~tlona! overhead allocation)
To Ice Garden Fund 2~000
(additional overhead subsidy)
Total Transfers (58~000)
LAND FUND
Transfers
To Generel Fund 11,000
(accounting entry)
Total Transfers 11~000
Exh!blt
TRANSPORTATION FUND
Transfer~
From 1982 Sales Tax Refunding
Revenue Fund (40,000)
(accounting entry)
Total Transfers
WHEELER TRANSFER TAX FUND
Transfers
Ts General Fund 5,000
(additional overhead allocation)
Total Transfers 5,000
PARKING IMPROVEMENT FUND
Transfers
From Electric Fund (360~000)
(accounting entry)
To Parklng Improvement
Capital Pro3ect Fund 310,000
(accounting enury)
To General Fund 2,000
(additional overhead allocation)
Total Transfers (48,000)
1992 SALES TAX REFUNDING REVENUE FUND
To Transportation Fund 40,000
(accounting entry)
Total Transfers 40,000
Exhibit "A" cont.
HOUS1NG / DAYCARE FUND
Housing Impact fees (7B~000
Total Revenues (75~000)
E×penditures
Cash contribution
(Early learning center)
Employee Housing 80,000
(Kraut property)
Total Expenditures 85,000
From WaL~r Fund (110~000
(accounting entry)
Total Transfers (llOyD00)
PARKING IMPROVEMENT CAPITAL PROJECT FUND
Transfers
From Parking Improvement Fund
(accounting entry)
Total Transfers (310~000)
Exhibit "A" cont~
ELECTRIC UNDERGROUNDING CAP. IMPROVEMENT DISTRICT NUMBER TWO FUND
Expenditures
Professional fees (130,000)
(close fund/accounting entry)
Total Expenditures (130~000)
Transfers
From Electric Fund 130~000
(close fund/accounting entry)
Total Transfers 1B0~000
WATER FUND
Tap fees 600~000
(reduce budget/accounting entry/
Total Revenues 600~000
Expenses
Materials 90~000
(inventory charge outs/
accounting entry)
Total Expenses §0~000
Transfere
To General Fund 16,000
(additional overhead allocation)
To Housing / Daycars Fund 110,000
(accounting entry)
Total Transfers 126,000
ELI~ETF [ . FIJN[J
b'la teen
I"laroor~ L r,~,:,k ,_al:,Lt81 ,-.onstru,:tzc, n 1E,,O00
(~c,:,:~un¢ ~n3 entry/clawed ,:aF,~lal fund)
El act rz,:
CCour, c:l al-,prav,:,d F,r~je,z~s only)
?otal E F-n=_s 202,000
'1-o G~,nurol Fund 20,000
"~ ~o F'arl(~h9 ~llll:'f(3V~lll'~ll~ l:und 51E, O,O00
( ac,:ount I nEl
C~p~tal lrnp¢ overm~ nt
N, u~l.~,z r
(,:los,i,
EranE¢ers ~_0 000
E'J:!EfJS_.f~!l,lE~
"lransCers
(add~lOh31 overhead allo,:~fJon}
Totai Tlansfers
"'0
Exhibit "A" cent.
GOLFFUND
Transfers
To General Fund 2~000
(additional overhead allocation)
Total Transfers 2~000
ICE GARDEN FUND
Transfers
To General Fund 2,000
(additional overhead allocatzon)
From General Fund (2,000)
(addlnzanal overhead subsidy)
Total Transfers
TRUSCOTT PLACE HOUSING FUND
Investment interest (40~000)
(accounting entry)
Total Revenues (40~000)
Expenses
Operations 30~000
(accounting entry)
Total Expenses 30~000
Exhibit "A" cont.
MAROLT HOUSING FUND
Rental Income (26,000)
(accounting entry)
Total Revenue (26~000)
Expenses
Operations 26,000
(accounting entry)
Total Expenzms 26~000