The URL can be used to link to this page

Home My WebLink Aboutresolution.council.084-98 J ,__ ~, RESOLUTION NO.~ (Series of 1998) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO ADOPTING THE 1999 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, 1999, and ending December 31, 1999; 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 r" WHEREAS, Article 9 of the Aspen Home Rule Charter requires the adoption of an annual budget with the opportunity for the publi9 to participate at a public hearing. it is the intent of Council by the adoption of this budget to follow the requirements of the City Charter in 1999; and WHEREAS, in accordance with Section 9.4 of the Home Rule Charter, the budget as submitted on the following two pages and in Exhibit "A" sets forth estimated fiscal data including anticipated revenue and expenditures for the calendar year 1999: ~ 1 '.,:'. .1~99<aild2()()0I3IENNIJ;\LQU[)(3E;r I r... Ie... rtvoFAsPEN>COt ;,. . ..' :,: , :",', ,.,",,::)',., ,:"':",,." .'. ",' , .",,',",::/'.. 1999 CITY OF ASPEN BUDGET RESOLUTION - DE7AIL BY DEPARTMENT GENERAL FUND General & Administrative Contributions City Council CCLC City Manager Human Resources City Clerk City Attorney Risk Management Finance Planning Engineering Building ~ Environmental Health Police Dispatch. Radio Maintenance . Streets Parks GIS Information Systems Recreation Ice Garden Overhead EXPENDITURES Ending Beginning Transfers Jt.Dept. Debt Asset Transfers 1999 Cash Balance Revenues '" Payments Operating Service Mgmt. 0", Balance 3,861,724 1,523.745 (1,492,000) {555,381) 107,632 (244,971) (34,320) 236,599 (540,231) 121,000 (403.891) 166,650 135.640 (400.321) 228.154 {371 ,652) (83,632l 7,078,953 329,755 (654,021) '154,868 (98,646) (656,991) 12,300 69,240 (337,037) 539,500 (298,974) 121,650 163,920 (353,196) 155.742 (2,263.288) (362,239) (29,640) 267,670 194,851 (1,116,039} 81,712 1,641,818 {1,769,7761 53,000 45,000 (123,947) 3,500 443,138 (778,305) 344,340 (871,404) 353.900 (462.843) r- . City Share of Joint Dep<1rtment Run by Pitkin County 283,776 537,857 ASSET MGMNT PLAN Property Tax Revenue Senior Property Tax Rebate Lease & Other Revenue Capital Projects Red Brick School City Hall D.P. Plan-City Share DEPP Traffic Calming Yellow Brick SchOOl Pedestrian Plan City Shop Streets Improvement Plan Storm Drains Collection Fees Major Maintenance EQuipment 1,909,676 90,680 (360,920) (20,000) (38,700) (1,000.000) (20,000) {100,QOOl 1179,689) (230,710) (346,750} (150,000) (48,257) (470,412) (166,911) r" 2 r: CIT'(C)F;-l~'$p~N'XCp ,.,. .... :".1~~~<and2()()o.~IENNI~("l3qD(;J:JI 1999 CITY OF ASPEN BUDGET RESOLUTION - DETAIL BY DEPARTMENT Overhead EXPENDITURES Ending Beginning Transfers Jt. Dept. Debt Asset Transfers 1999 Cash Balance Revenues '" Payments Operating Service Mgmt. 0", Balance SPECIAL REVENUE FUNDS Parks and Open Space Fund 3,791,732 4,696,172 41,288 (1,406,121) (58,981) (1,042,750) (2,293,640) (1,515.328) 2,212,372 Transportation/Mall Fund 200,929 609,270 (412,101) (99,094) (124,000) (50,000) 125,004 Wheeler TrensferTax Fund Contributions (304,083) Operations 2,952,694 1,917,510 (107,406) (1,132,390) (384,632) (388,076) Parking Improvement Fund 640,635, 1,312,943 22,672 (46,023) (257,662) (291.520) (840,936) Housing/DayCare Fund' 7,277,927 3,441,177 94,600 021,832) l637,180} (5,863,951) ~ .W DEBT SERVICE FUNDS 1980 G.O. Housing Debt Service Fund 492,500 (1,200) (491,300) 1995 Sales Tax Refunding Revenue Debt Service Fund 106,569 21,288 1,236,337 (1,200) (1,235,137) (21,288) 106,569 1995 Rio Grende Parking Gal Certificates of Participation 664,752 l5,000) l659,752) Improvement Districts Debt Service Fund (13,500) 110,000 (2,40m 194,100) 1992G.0. Red Brick r" DebtSelViee Fund 360,920 (1,200) (359,720) 1992 G.O. City Shop DebtSeivice Fund 230,710 l1,200) l229,510) 1995 Cozy Point ENTERPRISE FUNDS Water Fund 2,325,604 3,946,730 78,000 (456,594l (1,232,483) (3,044,853l (1,016,793l 599,611 Electric Fund 1,079,744 4,271,980 (207,749l (3,105,123) (438,542) (251,845) (278,000) 1,070,465 RuediHydroeleetric Fund 241,310 1,072,758 (47,801) (502,602) (548,308) 215,357 Transportation/Perking Fund 2,338,513 1,555,637 1,176,184 (206,017) (1,433,374l (125,300) (22,672) 3,282,971 Golf Course Fund 447,105 1,039,637 l103,885) (649,883) (86,566l (398,040) (20.000) 228,388 Truscott Housing Fund 505,881 777,646 (266,601) (407,656) (14,000) (52,400) 542,870 Marolt Housing Fund 995,269 835,865 (306,633) (438,148) (15,000) l42,200) 1,029,153 Castle Ridge Note Ree Fund 330,606 520,000 (492,500) 358,106 ~ 3 r, 1C:ITY.'()Fi.~$PE~}CQ:>' ,,' ",: !':;::; """',199~r'aQd'2(),QQ,,~!~I\tN,IAl'BU'p'~EJ I ":.",,, ",", 2000 CITY OF ASPEN BUDGET RESOLUTION - DETAIL BY DEPAICTMENT GENERAL FUND General & Administrative Contributions City Council CCLC City Manager Human Resources City Clerk Cfty Attorney Risk Management Finance Planning Engineering Building. Environmental Health Police Dispatch. Radio Maintenance " Streets Parks GIS Information Systems Recreation Ice Garden Ove.rhllad EXPENDITURES El'ldlng Beginning Tranllfers Jt,'oePt. Do'" Asset Transfers 1999 Cash Balance Revenues '" Payments Operating Service Mgmt. 0"' Balance 4,142,702 1,717,015 t 1 AS9,QOOl t577,596) 119,939 (254,770) (35,693) 263,653 (561,840) 134,836 (424,407) 169,700 151.150 (416,334) 254,242 l386,S18l (86,977~ 7,105,005 367,460 (680,182~ 154,868 n02,592) (532,4 71 ~ 12,300 77,157 j350,518~ 539,500 1282,354) 122,770 170,477 (367,324) 144,640 12,342,353) (376,729) (30,8261 299,360 217,131 (1,161,12n 84,500 1,675,850 (1 ,836, 719~ 52,500 46,800 (128,905~ 3,623 464,843 (809,437) 348,010 (956,260) 367,600 1531,356) ,.-. . City Share of Joint DepartmenrRun by Pitkin County (709,096) 200,000 ASSET MGMNT PLAN Property Tax Revenue Senior PropertyTex Rebate Lease & Other Revenue CapltalProjeets Red Brick School CttyHall D.P. Plan-City Share Animal Shelter Traffic Calming Yellow Brick School Pedestrian Plan City Shop StraetslmprovemantPlan Storm Drains Collection Fees Major Maimenance Equipment 2,004,778 91,707 (360,660) (20,000~ (305,250~ (300,000) (20,000) (232,550) (346,750) (49,946) /183,975l (184,865) r" 4 ~. 5 r-. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 r" That the budget for the City of Aspen for the fiscal year 1999 as submitted and attached hereto as Exhibit "A" and incor- porated 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 $37,593,434 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, 1999, and ending December 31, 1999. ~ 6 .~ Section 2 That the City Council hereby authorizes and directs the City Manager to enter into such contracts and execute such documents 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 documents promptly at its regularly scheduled Council meetings. ADOPTED THIS 1 day of ~ 1998. r" 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 -1 day Of~ 1998, Council at its meeting held on the which Resolution was adopted subsequent to publication and public meetings on such proposed budget he~Vember ~. K",hrm~Ch'CitY Clerk ~ 7 ,~ BUDGET RESOLUTION EXHIBIT "A" CITY OF ASPEN 1999 COMBINED BUDGET OF ALL FUNDS BUDGET SUMMARY Beginning Unappropriated Balance Totals TOTAL SOURCES OF FUNDS: Operating Revenues Pitkin County Joint Department Payments Tap Fees Note Proceeds $36,126,736 502,572 1,100,000 366.698 .~ TOTAL USES OF FUNDS: ,--.. ~ Operating Expenditures Debt Service Capital Expenditures $(22,734,902) (6,407,947) (15.830.736) Ending Unappropriated Balance Totals Net Fund Balance Decrease - All Funds - 1999 8 $27,366,518 $38,096,006 $(44,973,585) $20.488.939 $ 6.877.579