The URL can be used to link to this page

Home My WebLink Aboutordinance.council.014-03 ORDINANCE NO. 14 (Series of 2003) AN ORDINANCE APPROPRIATING AN INCREASE IN GENERAL FUND ASSET MANAGEMENT PLAN EXPENDITURES OF $1,343,008, AN INCREASE IN GENERAL FUND EXPENDITURES OF $2,255,420, A DECREASE IN THE PARKS FUND EXPENDITURES OF ($1,463,381), AN INCREASE IN THE WHEELER OPERA HOUSE FUND EXPENDITURES OF $306,236, AN INCREASE IN THE PARKING IMPROVEMENT / GARAGE FUND OF $50,749, AN INCREASE IN THE AFFORDABLE HOUSING / DAY CARE FUND EXPENDITURES OF $8,396,799, AN APPROPRIATION IN THE 1993 HOUSING GO BONDS DEBT SERVICE FUND OF $844,969, AN INCREASE IN THE 1999 PARKS SALES TAX BONDS DEBT SERVICE FUND OF $136,590, AN APPROPRIATION IN THE 2001 HOUSING BONDS OF $1,159,135, A DECREASE IN THE OPEN SPACE ACQUISITION CAPITAL FUND EXPENDITURES OF ($151,948), AN INCREASE IN THE PARKS CAPITAL FUND EXPENDITURES OF $1,832,188, AN INCREASE IN THE TRUSCOTT CAPITAL FUND OF $200,000, AN INCREASE TO THE WATER FUND EXPENDITURES OF $1,186,668, AN INCREASE TO THE ELECTRIC FUND EXPENDITURES OF $340,596, AND INCREASE TO THE RUEDI HYDROELECTRIC FUND EXPENDITURES OF $8,357, AND INCREASE TO THE TRANSPORTATION FUND OF $902,168, AND INCREASE TO THE GOLF FUND EXPENDITURES OF $93,247, AND A DECREASE TO THE TRUSCOTT PLACE LLP APPROPRIATION OF ($684.497). 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 and/or unappropriated prior year fund balance available for appropriations in the following funds: General Fund Asset Management Plan. General Fund, Parks Fund, Wheeler Opera House Fund, Parking Improvement / Garage Fund, Affordable Housing / Day Care Fund, 1993 Housing Bonds Debt Service Fund, 1999 Parks Sales Tax Bonds Debt Service Fund, 2001 Housing Bonds Debt Service Fund, Open Space Acquisition Capital Fund, Parks Capital Fund, Truscotr Capital Fund, Water Fund, Electric Fund. Ruedi Hydroelectric Fund. Transportation Fund, Golf Fund, and the Truscott Place LLP Fund. ~VHEREAS, the City Council is advised that certain expenditures, revenue 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 and/or prior year fund balances available for appropriation in the General Fund Asset Management Plan, GeneraI Fund, Parks Fund, Wheeler Opera House Fund, Parking Improvement Garage Fund, Affordable Housing / Day Care Fund, 1993 Housing Bonds Debt Service Fund, 1999 Parks Sales Tax Bonds Debt Service Fund, 2001 Housing Bonds Debt Service Fund, Open Space Acquisition Capital Fund, Parks Capital Fund, Truscott Capital Fund, Water Fund. Electric Fund. Ruedi Hydroelectric Fund, Transportation Fund, Golf Fund, and the Truscott Place LLP Fund: the City Council hereby makes supplemental appropriations as itemized in the Attachments A and Bo Section 2 If any section, subdivision, sentence, clause, phrase, or portion of this ordinance is for any reason invalid or unconstitutional by any court or 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 May 27th. 2003 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 May 12th, 2003. ATTEST: KATHRYI~I~OCH, City Clerk FINALLY, adopted, passed and approved on May 27th, 2003. ATTEST':':.~ >_ Kathryn $//I{och, C±ty CITY OF ASPEN, COLORADO ATTACHMENT A: 2002AND 2003 EXPENDITURE BUDGET 2003 2003 2002 AMENDED ORIGINAL Supplen~,~tal 2003 AMENDED FUND NAME & NUMBER BUDGET BUDGET Ordinance #14 BUDGET GENERAL FUNDS ~ ' ' '~ * Asset Management Plan Fund - 000 6,281,121 2,400,097,, "~'; '1 343,008 3,743,105 General Fund -001 15,412,663 13,051,987 ~,255~420 15,307,407 TOTAL GENERAL FUND APPROPRIATIONS $21,693,784 $15,453,084 ^$3,598,428 19,050,512 SPECIAL REVENUE FUNDS ~ ~' ;' Parks & Open Space Fund - 100 7,903,539 8,989,765 (1.463,~8I) 7,526,38'4 Wheeler Opera House Fund - 120 7,025,535 2,133,412 ;;~ :;*/~ 306.236 2,439,648 ACRA Marketing/Regional Transportation Fund - 130 755,639 717,858 ~:?~%;~ ,: 0 717 858 Parking Improvement / Garage Fund - 140 1.566,211 1,499,180 .~J, 50~49 ~ 549 929 Affordable Housing Fund - 150.23 10,620,625 7,749,263 , 8 323 656 16 072 919 Da~, Care Fund - 150.24 1.052,398 979,688 ' : 73'~'43 1 052 B3~ TOTAL SPECIAL REVENUE FUND APPROPRIATIONS $28,923,947 $22,069,166 $7i~90,4b~, 29,359,569 DEBT SERVICE FUNDS , 1995 Garage COP - 220 687,633 689,338 "'., ,~,,,~;'~:, ~ 0 . 689,338 1992 Ute / Cemetery Lane SID Bonds- 222 139,613 146.420 ~ +~,0 ~! 1992 Redbdck GO Bonds - 223 364,920 361,380 *:~ , ;~ 0 1993 C~ty Shop GO Bonds - 224 231,935 232,330 ~ ~;~;' 0 23~ 3~; 1993 Housing Bonds - TBD 0 0 ~; ~ ~.,~ 8~ 969 844~9~9 1995 Cozy Point COP - 225 362,810 359,560 ;~ ¢~ ~ ~ 0 · 359 560; 1999 Parks Sales Tax Bonds - 226 1,043,627 1,047,866 , ~ 136~590 1,184,4~ 2001 Housing Bonds- 227 863,407 0 ;i !~1 1~ 135 , 1 I~1591135' 2001 Parks & Open Space Sales Tax Bonds - 228 770,835 864,325 ~, ^.,~ ~, ~¥~;~ 0 . '864~25 TOTAL DEBT SERVICE FUND APPROPRIATIONS $4,464,780 $3,701,719 i ;$2,140;6'94.' 5,842,413 CAPITAL PROJECT FUNDS ×~i~?L~ :~:, Open Space Acquisition Capital Fund - 340 1,982,743 3,278,948 /;:~;~,~(151',948) ~, ~'3~127;00~ Parks Capital facilfiies Fund - 363 14,001,105 2,687,000 !~;,~. ~832 ~'88 ;~,! '4 Truscott Housing Capital Facilities Fund - 364 20,998,037 2,900,000 ~'~'~'"' ~00,000 ¢.,* 3,100,000 ~ ' TOTAL CAPITAL PROJECTS FUND APPROPRIATIONS $36,981,885 $8,865,948 ' ~' ~1;~80,240 ~1~746.~8'8 ENTERPRISE FUNDS ,; Water Fund - 421 7,514,694 4,622,433 ;I ~86 668 5,809,1~t Electric Fund - 431 4,637,226 4,327,478 8~.0,596 4.668;074 Ruedi Hydroelectric Fund - 444 1,097,024 368,439 8 357 376 796 Transportation/Parking Fund - 450 3,483,114 2,389,653 ' ~021168 3 291;82~ Golf Course Fund - 471 3,252,372 1,251,453 93,247 1 344 700 Trusco[~ Housing Fund - 491 1,667,860 4,923,452 ; 0 i~ ~23 452, Marolt Housin~ Fund - 492 987,370 854,962 ; 0 85~.962 TOTAL ENTERPRISE FUND APPROPRIATIONS $22,639,660 $18.737,870 $2;531,036 21,268.906 INTERNAL SERVICE FUNDS ~ Cit~-Emplo~,ee Heatth Insurance - 501 2.000.000 1,995.636 0 1.995,636 TOTAL INTERNAL SERVICE FUND APPROPRIATIONS $2,000.000 $1,995,636 $0 1,995,636 TRUST AND AGENCY FUNDS Housing Authority Operating Fund - 620 494.646 676,913 0 676,913 Smuggler Mountain Housing Fund -622 48,665 53,912 0 53,912 Truscott LLP / Tax Credit Fund - TBD 405,093 684,497 (684,497) 0 Aspen Country Inn Fund - 627 267,340 278,655 0 278,655 Woody Creek Trailer Park Fund - 631 189,025 0 0 0 W/J Ranch Fund - 660 20,500 0 0 0 TOTAL TRUST & AGENCY FUND APPROPRIATIONS $1.425,269 $1,693.977 ($684,497) 1,009,480 TOTAL CITYWID E APPROPRIATIONS WITH TRANSF ERS-OUT $118,129,325 $72,516,400 $16,756,303 89,272,703 (MINUS TRANSFERS-OUT) ($25,878,072) ($18,926,212) $376,254 (18,549,958 TOTAL ClTYVVIDE APPROPRIATIONS EXCLUDING TRANSFERS-OUT $92,251,253 $53,990,188 $17,132,557 70,722,745 CITY OF ASPEN, COLORADO ATTACHMENT B: 2002 AND 2003 REVENUE ESTIMATES 2002 AMENDED 2003 ORIGINAL 2003 Supplemental 20~-03 AMEND g FUND NAME & NUMBER REVENUES REVENUES Ordinance ACRA Marketing/Regional Transportatlon Fund-130 756,097 717857 Affordable Housing Fund - 150.23 7,655,941 8862866 TOTAL SPECIAL REVENUE ~UND REVENUES $19,943,000 $24,319,326 (133,63~ "2b:,1~5~92 ~995 Garage COP - 220 687,633 689,338 1992 Ute / Cemete~ Lane SID Bonds- 222 139,613 146,420. 1992 Redbrick GO Bonds - 223 364,920 361,880 1993 C~y Shop GO Bonds - 224" 231,935 232,330 1993 Housing Bonds- TBD 0 0 * 2001 Housing Bonds - 227 863,407 0 < ..... ~59,135 'f~? ~t~; 35 R~edi Hydroelectric Fund- 444 647,~4 508,093 , ;,]~/:: ~ :;;~:" 0 , "508 b93 _ Tm~oE Housing Fund - 491 1,492,387 4,923,452' ;;;~*~" ' , O 4 ~923~2 TOTAL CI~IDE REVENUE ESTIMATES WITFI T~NSFERS-IN S92,099,610 $77,674,357 799,432 78,473,789 (MINU~ T~NSFERS'IN. ($25,878,072) ($I8,926,212 376,254 (18.~9,958