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HomeMy WebLinkAboutordinance.council.008-04ORDINANCE NO. 8 (Series of 2004) AN ORDINANCE APPROPRIATING AN INCREASE IN GENERAL FUND EXPENDITURES OF $1,762,354, AN INCREASE IN THE ASSET MANAGEMENT FUND OF $837,690, AN INCREASE IN THE DEBT SERVICE FUND OF $353,000, AN INCREASE IN THE LODGING TAX FUND OF $391,432, AND AN INCREASE TO THE TRANSPORTATION FUND OF $359,432. 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 FUND, LODGING TAX FUND, DEBT SERVICE FUND, and TRANSPORTATION FUND. WHEREAS, 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 revemtes and/or prior year fund balances available for appropriation in the GENERAL FUND, ASSET MANAGEMENT FUND, LODGING TAX FUND, DEBT SERVICE FUND, and TRANSPORTATION FUND: the City Council hereby makes supplemental appropriations as itemized in the Attachment A. Section 2 If any section, subdivision, sentence, clause, phrase, or portion of this ordinance is for any reason invalid or unconstitutional by any court ~)r 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 this ordinance will be held Monday, April 12, 2004 at 5:00 p.m. in the City Council Chambers, 130 South Galena, Aspen, Colorado. INTRODUCED, READ, APPROVED AND ORDERED PUBLISHED AND/OR POSTED ON FIRST READING on the 22na day of March 2004. ATTEST: Kathryn S. K~;d~, City Clerk FlJb~L~LY ADOPTED AFTER PUBLIC HEARING on the /~ ~ ,2004. day of Kathryn S. ~h', City Clerk ' "-H~n K~in Klan, Mayor Approved as to Form: ~V6hn~V~or~estor, City Attorney A Total City of Aspen 2004 'Expenditures 2004 Fund # Fund Name 2004 Budget Supplemental 2004 Amended General Government Funds 000 Asset- Management Plan $2,654,430 ~. $837,690 $3,492,120 001 General Fund $16,925,825 $1,604,954 $18,530,779 Subtotal General G°v't Funds: · $19,580,255 -- $2,442,644 --- $22,022,899 Special Revenue Funds $0 100 Parks and Open Space $6,251,021 $0 $6,251,021 120 Wheeler $2,132,787 $0 $2,132,787 130 Lodging Tax Fund $787,660 $391,432 $1,179,092 140 Parking Improvement Fund $1,545,294 $1,545,294 150.23 Housing $20,444,614 $0 $20,444,614 150.24 Kids First $1,241,779 $0 $1,241,779 Total Housing Day Care Fund ~ $21,686,393 $21,686,3931 151.24 Early Childhood Educ. Initiative - AVCF _ $155,425 $0 $155,425 Subtotal, Special Rev. Funds: $32,558,580 $391,432 $32,950,0'12 Debt Service Funds $0 220 1995 Parking Facilities COP $693,088 $693,088 222 1994 Cemetery Lane SID $49,390 $0 $49,390 223 1992 Red Brick G.O. Bonds $361,760 $0 $361,760 225 Cozy Point COP $359,840 $0 $3591840 226 1999 Sales Tax Revenue Bonds $1,118,780 $0 $1,118,780 2001 Parks & Open Space Sales Tax 228 Rev. Bonds $860,368 $0 $860,368 229 Bond $0 $353,000 $353,000 Subtotal, Debt Service Funds: $3,443,226 $353,000 $3,796,226 $0 340 Parks Capital Improvement Fund $8,018,295 $8,018;295 363 Capital Fund $0 $0 Enterprise Funds $0 421 Water Utility $5,080,999 $5,080,999 431 ' Electric Utility $4,372,653 $0 $4,372,653 544 -Ruedi Hydroelectric FaCility $361,084 $361,084 450 Transportation Fund $2,491,482 $359,432 $2,850,914 471 Municipal Golf Course $1,272,13~ $1,272,137 491 Truscott Housing $1,984,182 $0 $1,984,182 492 Marolt Housing $909,644 _S.P_ $909,644 Subtotal, Enterprise FUnds: $16,472,181 $359,432 $16,831,6'13 $0 ~01 Health Ins. Internal Service Fund $2,268,000 $0' $2,268,000 $0 -Trust & Agency Funds 620 620 Housing Authority $911,484 $911,484 622 622 Smuggler Mountain Fund $41,015 $0 $41,015 Subtotal, Trust & Agency Funds: $952,499 $0 $952,499 $0 ALL FUNDS: $83,293,036 $3,546,508 $86,839,544