HomeMy WebLinkAboutresolution.council.041-91 RESOLUTION NO. 41
(Series of 1991)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO
ADOPTING THE 1992 MUNICIPAL BUDGET AND AUTHORIZING APPROPRIATIONS
PURSUANT THERETO.
WHEREAS, the city Manager, designated by Charter to prepare
the budget, has prepared and submitted to the Mayor and City
Council the Annual Budget for the city of Aspen, Colorado, for the
fiscal year beginning January 1, 1992, and ending December 31,
1992; and
WHEREAS, in accordance with Section 9.8 of the Home Rule
Charter, the Council shall adopt the budget by Resolution on or
before the final day established by law for the certification of
the ensuing year's tax levy to the county; and
WHEREAS, in accordance with Section 9.4 of the Home Rule
Charter, the budget as submitted below and in Exhibit "A" sets
forth estimated fiscal data including anticipated revenue and
expenditures for the calendar year 1992:
1992 EESOLUTION DETAIL BY DEPARTNENT
ENDING (2)
BEGINNING EXPENDITURES OT~ER
BALANCE TRANSFERS ....................... FINANCING T~.ANSFERS pROPOBED
REVENUES IN OPE~T~NQ DEBT SERVICE USES (1) ~T FU~ BA~NCE
C~ty C:~tl 0 127,]00 0 (701,570) 0 0 0
C~ty Ma~gmr 0 20,0~0 0 (278~]60) 0 0
CCLC 0 0 0 (5]~000) 0 0
PePeo~L 0 0 0 (~1,071) 0 0 0
C~y Ccerk 0 1~7 0 (2~,~56) 0 0
City Attorney 0 2~400 0 (3~676) 0 0 0
Finale 0 4,6~,~ 0 (458,262) 0 0 0
PLanning 0 4~,~2 0 (718,~2) 0 0 0
Engfneerlng 0 5,~ 0 (~0,~5) 0 0 0
Bufldt~ 0 ~,4~ 0 0 0 0 0
Env~ro~ta~ Health 0 194,~7 0 (~02,4~9) 0 0 0
Poltce 0 5~,112 0 (1,~,~) (28,500) 0 0
Muntci~l Court 0 0 0 (117,010) 0 0 0
D~tch 0 O O (2~,207) 0 0 O
Records 0 0 0 (~,161) 0 0
Tran~rtat~on 0 ~05,560 0 (~1,~) 0 0
~ark~ 0 47,067 0 (1,19~,1~7) 0 0
Da~a Pr~eeel~ 0 1~9,200 0 (2~,6~) 0 0
Lo~tmry 0 20~200 0 (20,200) 0 0
C~p~tml I~rov~nt~: 0 0 0 0
R~d Brick School 0 20D,600 0 0 (20~,600) 0 0
Ctty Bhop (Mmetmr PLmn) 0 200,000 0 0 0 (200,000) 0
Cen~.c~ 0 ~,000 0 0 0 (~4,0003
~I$ 0 1~0,000 0 0 0 (1BO,O00) 0
Centennial EfdeweLk 0 1~0,000 0 0 0 (150~000) 0
General Fund Sub-Total 1,~,000 7,~8,~1 2,5~0,000 (8,590,6~) (~2,100) (~14,000) (8~,000)
O~rst~m~ Ms~nte~n~m:
Streets E~f~nt 0 ~20,000 0 (1~0,000) 0 0 O 90,000
~treet~ Overlay 0 150,000 0 (67,000) 0 0 0
Storm Drat~ge 0 50,000 0 (50,000) 0 0 0 0
~n~. Sr~dg* & A~rfml To~. 0 1),000 0 0 0 0 0 13,000
~ool 0 10,000 0 0 0 0 0 10,000
Centerc~ 0 8,000 0 0 0 0 0 B,O00
GIS Softwmrs 0 1),000 0 0 0 0 0 1~,000
C~ty H~l~ 0 100,000 0 (100,000) 0 0 0 0
:cs Gerden 0 1~000 0 0 0 0 (15,000) 0
Red Brick 8choo~ 0 ~000 0 (60,000) 0 0 0 ~0,000
City Shop 0 5,000 0 0 0 0 0 5~000
O~r~t~ng Ma~nt. SuD-Totml 0 674,000 0 (407,000) 0 0 (15,000) ~5~,000
OeneraL F~ Total 1,668,000 8,322,891 2,520,000 (8,~7,67~) (~2,100) (614,000) (Sg2,000) 1,~,11~
Parks m~ O~n S~ce F~ 1,406,000 2,661,~7 150,000 (120,~3) (482,500) (400,000)(2,3~,S00)
Trans~rtatfon F~ 2~,000 ~,492 0 (~,976) 0 0 (3B1,000) 1~3,516
~heeler Transfer T~ F~
O~ratlons ~9~000 ~9~811 471~000 (6~9~) 0 (94,000)
WheeLer Fu~ Total ~59~000 9~4,811 471,000 (819,~) 0 (94~000)
ENDING (2)
SSOIHNINO EXPENDITURES OTHER 1992
REVENUES IN O~EKAT]NG DEBT SERVICE USES (1) ~T ~UN~ BA~NCE
AsEa= RepLac~nt F~ ~000 2,015 200,000 (1~,0~) (19,~00) 0
Parking [~rov~ent F~ 34,000 707,500 34,000 (141,495) 0 0 (501,000) 33,005
Ho~lng/~ay Care Fu~ S51,000 Z,108,800 SO,O00 (17~,~> 0 0 (147,000> 2,5~,022
1~79 ~.0. Street
~sbt Service F~ 0 0 94,500 (500) (94,000) 0 0 0
Debt Service F~ 0 0 485,500 (500) (485,000) 0
198~ Sales Tax Rev~ue
19~ Sales Tax
Revanu~ D~t Servfce F~ 1,407,000 54,000 842,000 (1,000) (~1,000) 0
1~87 Sales Tax
~evan~e D~t Service F~ ~7,000 100,000 1,6~,000 (1,000) (671,000) 0 0 1,858,000
S~ggLer O~t Servfce F~ 114~000 53,475 13,000 (500) (55,000) 0 O 1Z4,976
1989 Certfffcate~ of
Per~lcf~tfon 1,000 400 525,000 (2,500) (52~,000) 0 0 1,900
g~ergre~ ELectric
Pebt Service Fu~ ~5,000 58~500 0 (~,000) (~,O00) 0 0 ~7~500
Ct:y Hall Cap,:al I~, P~ 540,000 0 0 0 0 0 0 540,000
~atee FU~ 1,~3,000 ],1~4,600 109,000 (~2,001) <1,435,~0)
ELectric F~ 408,000 ],~,580 0 (2,871,082) (]~,250)
Golf Course Fund 1~,000 4~O,OOO 111,500 (416,~) C111,400) 0 (~,000) 1~,108
~ce ~srden Fu~ 7,000 2~,~0 ~,000 (397,874) 0 0 (51,000) 7,5~
Ice ~ar~ O~rmt~ng Na~nten~ce 0 0 l~,OOO (15,000) 0 0 0 0
IcE ~arden Fu~ Total 7~000 2~4~0 181,000 (412,874) 0 0 (51~000)
Harclt Housing F~ 343,000 ~,358 0 (228,135) (427,~0a) 0 0 353,3%
Cf=y/Co~y Water Trot F~ 1~4,000 35,000 O 0 0 0 0 150,000
1) Other financing t.~.e t ncL~as capital expe~lfturea fn vartous
2) The e~tng balance fn the General Fu~:/ includes al:,proprle~ed reserves of
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ASPEN, COLORADO:
Section 1
That the budget for the City of Aspen for the fiscal year 1992
as submitted and attached hereto as Exhibit "A" and incorporated
herein by this reference, be and is hereby adopted, which adoption
shall constitute appropriations of the amounts specified therein as
expenditures from the funds indicated; and that the estimated
budget revenue requirements of $24,007,S9~ is hereby declared to be
the amount of revenue necessary to be raised by the tax le~ and
income from all other sources, including fund balance at the
beginning of the year, to pay the expenses and certain
indebtedness, and to provide a reasonable Fund Balance at the close
of fiscal year beginning January 1, 1992, and ending December 31,
1992.
BUDGET RESOLUTION EXHIBIT "A"
CITY OF ASPEN
1992 CO~[BINED BUDGET OF ALL FUNDS
BUDGET S UM/~kRY
Beginning Unappropriated Balance Totals $ 10,732,000
TOTAL SOURCES OF FUNDS:
Operating Revenues $24,248,899
Operating Maintenance Property Tax 674,000
Tap Fees 1,150,000
Note Proceeds 173,000
$ 26,245,899
TOTAL USES OF FUNDS:
Operating Expenditures $(15,571,958)
Operating Maintenance (407,000)
Debt Service (6,880,633)
Capital Expenditures ( 1,148,000~
$(24,007,591)
Ending Unappropriated Balance Totals $ 12,970,308
General Fund Appropriated Reserves (1,074,000)
Net Fund Balance Increase - Ail Funds - 1992 $ 1,164,308
Section ~
That the City Council hereby authorizes and directs the City
Manager to enter into such contracts and execute such docunnents on
behalf of the City as may be necessary and customary to expend the
funds appropriated for all Capital Acquisitions within its budget,
and that Council further directs the City Manager to inform it of
such contracts and doctunents promptly at its regularly scheduled
Council meetings.
ADOPTED THIS //V-~_~ day of ~W_~./9~4~ , 1991.
John Bennett, Mayor
I, KATHRYN S. KOCH, duly appointed and acting City Clerk of
the City of Aspen, Colorado, do hereby certify that the foregoing
is a true and accurate copy of the Resolution adopted by the City
Council at its meeting held on the //~K_ day of ~ ~~
1991, which Resolution was adopted subsequent to publication and
public meetings on such proposed budget held on ~~
Kathryn S. Koch, City Clerk