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HomeMy WebLinkAboutresolution.council.091-93 RESOLUTION NO. 91 (Series of 1993) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO ADOPTING THE 1994 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, 1994, and ending December 31, 1994; and WHEREAS, in accordance with Section 9.8 of the Home Rule Charter, the Council shall adopt the budget by Resolution onior 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 1994: 1 994 City of Aspen Budget Resolution DETAIL BY DEPARTMENT ENDING 1994 OVERHEAD & EXPENDITURES ASSET PROFOSED BEGINNING TRANSFERS JOINT DEPT DEBT MGMT. TRANSFERS CASH BALANCE REVENUES IN PAYMENTS OPERATING SERVICE PLAN OUT BN.ANCE GENERAL FUND: General & Administrative 1.651.786 0 553.670 1.031.674 0 0 0 (723 550) Contributions 0 0 0 0 (470.701) 0 0 0 City Council 0 34.786 0 0 (169.163) 0 0 0 CCLC 0 0 0 0 (53.000) 0 0 0 City Manapar 0 0 0 0 (373.102) 0 0 0 P~sormel 0 0 0 0 (403,620) 0 0 0 City Clink 0 174.415 0 0 (340.117) 0 0 0 City Alto~ney 0 0 0 0 (360.585) 0 0 0 Finance 0 5.593.794 0 0 (560.669) 0 0 0 Planning 0 414.086 0 160.948 (817.908) 0 0 0 Engineering 0 5.005 0 0 (220.007) 0 0 0 Buitding 0 119.093 0 0 0 0 0 0 Environmental Health 0 87.288 0 117.700 (310.262) 0 0 Police 0 256.418 0 65.218 (1.683.618) 0 0 0 Dispatch 0 0 0 0 (290.097) 0 0 0 Records 0 0 0 0 (67.821) 0 0 0 Streets 0 207.175 0 (14.600) (940.205) 0 0 0 Perks 0 51.074 0 954.142 (1.147,244) 0 0 0 Data Processing 0 9.117 0 164.477 (327.846) 0 0 0 Recreation 0 154.790 0 0 (486.987) 0 0 0 ~ce G~r den 0 289.350 0 (386.882) Lottery 0 32.500 0 0 (32.500) 0 0 0 General Fund Sub-Total 1.651.786 7.428.841 553.670 2.479.557 (9.451.334) 0 0 (723.55Q) 1.938.970 ~.~ ,SET MANAGEMENT PLAN: 529.376 200.0~0 0 0 0 (14.000) 0 operty Tax Revenue 0 1.516.200 0 0 0 0 0 0 ~ · (2.000) 0 0 0 0 0 0 ~enlo~' Property Tax Rebate 0 Capital projects: Red Brick School 0 22.000 0 0 0 0 0 (359.948) City Hail 0 0 0 0 0 0 (250.000) 0 Ice Garden Renovation 0 0 0 0 0 0 (250.000) 0 D.p. Plan-City Shere 0 0 0 0 0 0 (118.000) 0 Neal St. Sidewatk 0 0 0 0 0 0 (1~o.000) 0 City Shop 0 0 0 0 0 0 0 (230.300) Streets Overly 0 0 0 0 0 0 (180.000) 0 Storm Drains 0 0 0 0 0 0 (130.000) 0 Collection Fees 0 0 0 0 0 0 (30.947) 0 Majo~ M~intan~nce 0 0 0 0 0 0 (257.650) 0 Equipment 0 0 0 0 0 0 (91.686) 0 Fleet 0 0 0 0 0 0 (212.850) 0 Asset Management Plan Total 529.376 1.536.200 200.000 0 0 0 (1.635.133) (590.248) 40.105 GENER~N. FUND TOTAL: 2.181.162 8.965.041 753.670 2.479.557 (9.451.334) O (1.635.133) (1.313.798) 1.970.165 perks and Open Space Fund 2.637.613 3.322.140 145.000 (764.409) (72.347) 0 (732.150) (1.545.059) 2.990.788 Transportaflo~/Mall Fund 147.300 459.892 0 (284.142) (75.904) 9 (96.500) 0 150.646 Wheeler Transfer Tax Fund Contributions 0 0 0 0 (195.050) 0 0 0 Operations 284.164 901.415 493.050 [77.820) (560.798) 0 (53.920) (498.000) Wheet~ Fund Total 284.164 901.415 493.050 (77.820) (755.848) 0 (53.920) (498.000} 293.041 ENDING 1994 OVERHEAD & EXPENDITURES ASSET PROPOSED BEGINNING TRANSFERS JOINT DEPT DEBT MGMT. TRANSFERS CASH BALANCE REVENUES IN PAYMENTS OPERATING SERVICE PLAN OUT BALANCE perking Improvement Fund 107.986 944,450 0 (60,441) (208.732) r 0 (7,500) (648.000) 127,763 Housing/Day Care Fund 1,619,701 3,099,510 139,600 (97.623) (580,157) 0 0 (50,000) 4.131,031 1979 G.O. Sffeet Improvement Debt Service Fund 0 0 86.500 0 (500) (86.000) 0 0 0 1980 G.O. Housing Debt Service Fund 0 0 486,500 0 (500) (486,000) 0 0 0 1987 Salas Te.x Refunding Revenue Debt Smvice Fund 1.744,053 100,o00 1.585,059 0 (1,005) (1,586,000) 0 (95,000) 1.747,112 Smuggle~ Debt Service Fund 125,476 38.730 10,500 0 0 (55.000) 0 0 110,706 Under~round Eiecbic Ufitity Debt Se;vice Fund 51,500 35,000 0 0 (500) (86,000) 0 0 0 1992 G.O. Red Brick Debt Service Fund 0 0 359,948 0 (500) (359,448) 0 0 0 fi92 G O City Shop ' ' 0 (500) (229,800) 0 0 0 ~V e bt Se vice Fund 0 0 230,300 Wa~r Fund 3,223,490 2.967,420 92,000 (878,115) (959.940) (1,423.205) (766,500) 0 2,755,155 Elac~ic Fund 812,455 4,143.409 0 (149.991) (2.941,074) (454,100) (236.500) (327.670) 846.529 Transpor tarPon/Par king Fund 0 900,440 50,000 (39.775) (785,182) 0 (5.000) 0 120.479 Golf Course Fund 203,228 732,209 60,000 (74,784) (517.876) (112,000) (193,500) 0 97,277 TruscoE Place Housing Fund 372.751 759.989 0 0 (220.045) (404,468) (170.000) (52,400) 285,823 Maro;t Housing Fund 441,763 734,732 0 0 (244.672) (~18,710) 0 (42,200) 440,913 Castle Ridge Note/R Fund 211 500 479,000 0 0 0 0 0 (486,000) _ 204.500 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 1994 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 thereinas expenditures from the funds indicated; and that the estimated budget revenue requirements of $Z?,999,566 is hereby declared to!be the amount of revenue necessary to be raised by the tax levy 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, 1994, and ending December 31, 1994. BUDGET RESOLUTI°N EXHIBIT "A" CITY OF ASPEN 1994 COMBINED BUDGET OF ALL FUNDS BUDGET SUMMARY Beginning Unappropriated Balance Totals $14,286,073 TOTAL SOURCES OF FUNDS: Operating Revenues $28,774,111 Pitkin County Joint Department Payments 508,341 Tap Fees 600,000 Note Proceeds 254,500 $30,136,952 TOTAL USES OF FUNDS: Operating Expenditures $(17,287,387) Debt Service (6,815,476) Capital Expenditures (3,896,703) $(27,999,566) Ending Unappropriated Balance Totals $16,423,459 Net Fund Balance Increase - Ail Funds - 1994 $2,137,386 Section 2 That the City Council hereby authorizes and directs the City Manager to enter into such contracts and execute such documentslon 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 documents promptly at its regularly scheduled Council meetings. ADOPTED THIS .3th day of December, 1993. Augus~ _, May ~ Pro Tem 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 13th day of Decembers 1993, which Resolution was adopted subsequent to publication and public meetings on such proposed budget held on September 22, 28, October 4, 5, 18, 19, 26, November 2, 9, 15, 16, 29, 30 and December 6 , 1993. Kathryn S. Koch, City Clerk