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HomeMy WebLinkAboutordinance.council.059-92 ORDINANCE NO. ~_~ (Series of 1992) AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $29,576; REDUCING PREVIOUSLY APPROVED REVENUES OF $50,000; APPROPRIATING GENERAL FUND EXPENDITURES OF $49,890; RECLASSIFYING PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL FUND OF $38,226; REDUCING PREVIOUSLY APPROVED EXPENDITURES OF $64,000; TRANSFERRING PREVIOUSLY APPROVED EXPENDITURES OF $213,600 FROM THE GENERAL FUND TO THE RED BRICK SCHOOL CAPITAL IMPROVEMENT FUND; TRANSFERRING $42,075 FROM THE GENERAL FUND TO THE CITY HALL CAPITAL IMPROVEMENT FUND; APPROPRIATING PARKS AND OPEN SPACE FUND EXPENDITURES ~OF $14,000; TRANSFERRING $2,000 FROM THE PARKING. IMPROVEMENT FUND!TO THE 1989 CERTIFICATES OF PARTICIPATION DEBT FUND; APPROPRIATING HOUSING / DAYCARE FUND EXPENDITURES OF $212,972; APPROPRIATING 1989 CERTIFICATES OF PARTICIPATION DEBT FUND EXPENDITURES OF $2,000; RECOGNIZING CITY HALL CAPITAL IMPROVEMENT FUND REVENUES OF $5,000; APPROPRIATING CITY HALL CAPITAL IMPROVEMENT FUND EXPENDITURES ~OF $52,075; RECOGNIZING RED BRICK SCHOOL CAPITAL IMPROVEMENT FUND REVENUE OF $3,600,000; APPROPRIATING RED BRICK SCHOOL CAPITAL IMPROVEMENT FUND EXPENDITURES OF $3,813,600; APPROPRIATING WATER FUND EXPENSES OF $715,800; RECLASSIFYING PREVIOUSLY APPROVED EXPENSES WITHIN THE WATER FUND OF $50,000; APPROPRIATING ELECTRIC FUND EXPENSES OF $15,000; 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 available for appropriation in the General Fund; Parks and Open Space Fund; Housing / Daycare Fund; City Hall capital Improvement Fund; Red Brick Capital Improvement Fund; Water Fund; Electric Fund; and unappropriated prior year fund balance available in the General Fund; 1989 Certificate of Participation Debt Fund and the City Hall Capital Improvement Fund; and WHEREAS, the City Council is advised that certain expenditures, 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, Parks and Open Space Fund, Housing / Daycare Fund, City Hall Capital Improvement Fund, Red Brick Capital Improvement Fund, Water Fund, Electric Fund, and unappropriated prior year fund balance available in the General Fund, 1989 Certificate of Participation Debt Fund and the City Hall Capital' Improvement 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 this 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 portion thereof. Section 3 A public hearing on the ordinance shall be held on the day of ~~ , 1992, 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 City of Aspen, _~? /~ , 1992. held at the Gohn Bennett, ~ayor ATTEST:'- : K~t~h ~o¢~, City Clerk FINALLY adopted, passed and approved on the /3 day icl ~ , 1992. ~ohn Bennett, ~ayor K~%h~' ~c~/~h~ City Clerk 7 5 Exhibit "A" GENERAL FUND Revenues city Manager Special Events (1,500) (Falline Production) Planning Pitkin County (1,500) (Waterfall House) Refund of Expenditure (4,500) (Waterfall House) Environmental Health Pass - thru Grant (1,200) Colorado Health Parks Contributions (6,700) (Bench Revenue) Data Processing Reimbursement of Expense (2,000) (Workers Compensation) Recreation Moore Pool (4,176) (Extension of Season) Day Care Program (8,000) (Extension of Season) cIP/Property Tax Red Brick School 50,000 (Reduce Lease Revenue) Total Revenues 20,424 6 Exhibit "A" cont. GENERAL FUND cont. Expenditures city Council Reclassify 1992 Contingency Funds (38,226) Motherload Volleyball 2,500 (1992 Contingency Fund) Marquse Park Bench 500 (1992 Contingency Fund) Aspen Rugby Club 1,000 (1992 Contingency Fund) Central Rockies Leadership Conf. 200 (1992 Contingency Fund) Town Meeting 1,500 (Special Event Revenue) City Christmas Party 3,000 (1992 Contingency Fund) Planning County Waterfall House 6,000 (Professional Fees) Environmental Health Consultants 1,200 (Pass thru grant) Streets Shop Fence 5,000 (from Property Tax Revenue /Professional Fees) Snowmelt Land Use Application 15,324 (Professional Fees) One way alley signs 861 (1992 Contingency Fund) 7 Exhibit "A" cont. GENERAL FUND cont. Parks Park Benches 6,700 (Expenditures from Revenue /Professional Fees) Reduce wages (14,000) (Transfer savings to complete Whitewater Course) Data Processing Purchased Services 2,000 (Workers Comp. Revenue) Recreation Moore Pool Operations 34,341 (1992 Contingency Fund-30,165/ Additional Revenue-4,176) Daycare Program 7,990 (Temporary Labor) CIP/Property Tax Red Brick School (50,000) (Reduce Expenditures due to Reduced Lease Revenue) Red Brick School (153,600) (Move Debt to Capital Budget) Red Brick School (60,000) (Move Operations Budget to Capital Budget) Total Expenditures (227,710) Transfers To City Hall Improvement Fund 32,075 (Carpet) To city Hall Improvement Fund 10,000 (Move Department Offices) Exhibit "A" cont. GENERAL FUND cont. To City Hall Improvement Fund 5,000 (Council Chamber Trim) To Red Brick School Capital 153,600 Improvement Fund (Debt) To Red Brick School Capital 60,000 Improvement Fund (Operations Budget) Total Transfers 260,675 PARKS AND OPEN SPACE FUND Expenditures Whitewater Course 14,000 (savings from wages in Parks operations) Total Expenditures 14,000 PARKING IMPROVEMENT FUND Transfers To 1989 Certificates of 2,000 Participation Debt Fund (Accounting Entry/Debt) Total Transfers 2,000 HOUSING / DAYCARE FUND Expenditures Waldorf School 3,500 (Child Care Grant) Housing Office Subsidy 1991 7,422 (See Attached Memo) 9 Exhibit "A" cont. HOUSING / DAYCARE FUND cont. Kraut Property Planning Study 35,000 (Professional Services) East Hopkins Project 109,800 (Professional Services) Truscott Place Design Work 5,250 (Professional Services) Housing office Structure Review 7,000 (Professional Services) Childcare Grant 40,000 (Early Learning Center) Castleridge expenses 5,000 (Travel and professional fees) Total Expenditures 212,972 1989 CERTIFICATES OF PARTICIPATION DEBT FUND Expenditures Debt Service Fees 2,000 (Accounting Entry) Total Expenditures 2,000 Transfers From Parking Improvement Fund (2,000) (Accounting Entry/Debt) Total Transfers 2,000 CITY HALL CAPITAL IMPROVEMENT FUND Revenues Pitkin County (5,000) (Share of office Move) Total Revenues (5,0001) 10 Exhibit "A" cont. CITY HALL CAPITAL IMPROVEMENT FUND cont. ExDenditures City Hall Carpeting 32,075 (Professional Services) City Council Trim Package 5,000 (Professional Services) Move Bldg, E. Health Offices 15,000 (Professional Services) Total Expenditures 52,075 Transfers From General Fund (32,075 (Carpeting) From General Fund (5,000 (Council Chamber Trim) From General Fund (10,000 (Move Department offices) Total Transfers (47,075) RED BRICK SCHOOL CAPITAL IMPROVEMENT FUND Revenues Bond Proceeds (3,600,000) Total Revenues (3,600,000) Expenditures Other Purchased Services 81,600 (From Property Tax/Debt) Bond Issuance Cost 72,000 (From Property Tax/Debt) Other Purchased Services 60,000 (From Property Tax/Operations) Exhibit "A" cont. RED BRICK SCHOOL CAPITAL IMPROVEMENT FUND cont. Capital Acquisition 2,600,000 (From Bond Revenue) Renovation 1,000,000 (From Bond Revenue) Total Expenditures 3,813,600 Transfers From General Fund (153,600) (Debt) From General Fund (60,000 (Operations Budget) Total Transfers (213,600) WATER FUND Expenses East Plant renovation 665,800 Black Birch Water Service 50,000 (Professional Services) Reduce Wage Expense (50,000 (Transfer to Capital) Little Nell Well 50,000 (Wage Expense Savings) Total Expenses 715,800 ELECTRIC FUND ExDenses Cemetery Lane Improve. Dist. 15,000 (Professional Services) Total Expenses 15,000 12