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RESOLUTION NO. lJ22)
(Series of 1999)
A RESOLUTION Of THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO
ADOPTING THE 2000 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, 2000, and ending December 31,
2000; 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, Article 9 of the Aspen Home Rule Charter requires
the adoption of an annual budget with the opportunity for the
public 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 2000; 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 2000:
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.I CITY OF ASPEN BUDGET RESOLUTION - DETAIL BY DEPARTMENT
GENERAL FUND
General & Administrative
Contributions
CityCoul'lcil
eeLC
City Manager
Human Resources
City Clerk
City Attorney
Risk Management
Finance
Planning
Engineering
Building.
Environmental Health
Police
Dispatch.
Radio Maintenance .
Streets
GIS
Information Systems
Recreation
Ice Garden
Asset Management
Beginning
Balance
Other
Sources
Overhead EXPENDITURES Ending
Transfers Jt. Dept. Debt Atset Transfl!lrs 2000 Cash
'" Peyments Opllrating ServiclI Mgmt. 0", Balance
1,684,650 (1,409,650)
(561.424)
128,059 (244,971)
(34,320)
236,731 (486,619)
124,760 {421,5671
152,970 (410,315)
237,214 (400,370)
184.462)
342,779 ~679,563}
(93,810} ~645,849)
75,588 (343,391)
{290,105}
149,932 (419.478)
(2,370,310)
(336,287)
~35,000)
212,714 (1,135,079)
106,386 (188,691)
492,299 (860.434)
(942,880)
(467.422)
90,553 (230,715)
Revenues
5,776,467
173,000
6,885,711
140.400
12,300
547,000
109,165
97,166
299,360
52,500
43,000
398,270
367,600
. City Share of Joint Department Run by Pitkin County
ASSET MGMNT PLAN
~TaxAevenue
f 'ropertyTax Rebate
.. Other Aevenue
Capital Projects
Red Brick School
City Hall
D.P. Plan-City Share'
Animal$helter
O,PP
Ice Aink
PedestrienEnhancements
Pedestrian Plan
City Shop
StreetslmprovemBntPlen
Asset Management
Collection Fees
Major Maintenence
Equipment
(511,617)
200,000
1,995,010
91,707
250,000
~360,660)
(40,000)
(198,500)
~500,000)
(290,000)
(250,000)
{158,2751
(75,000)
(94,725}
(623,719)
(59,600)
(55,OOO}
(102,350)
(93,000)
(232,550)
(368,156)
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.J CITY OF ASPEN BUDGET RESOLUTION - DETAIL BY DEPARTMENT
Overhead EXPENDITURES Ending
Bogrnning Other Transfers Jt. Dept. O.bt Asset Transfers 2000 Cash
.ElatanG" Revenues Sources '" Payments Operating Service Mgmt. 0", Balance
SPECIAL REVENUE FUNDS
Parks ancl Open Space Fund 4,132,033 4,910,509 60,000 (233,776) (1,964,150) (2,437,600} /1,540,211) 2,926,805
Wheeler Transfer Tax Fund
Contributions (277,500) (277,5001
Operations 1,787.646 1,893.494 186.468 (118,620) /1,322,042) (341,900) 2.065,046
Parking Improvement Fund 639,393 1,261,613 (52,178) (282,232) (107,518) (862,779) 596,299
Housing/Day Cere Fund' 3,670,508 3,200,436 8,810,951 276,288 (160,596) (S6t,Z39) (8,800,000) 6,336,348
PEBT SERVICE FUNDS
1999 Parl<.s & Ree Recreetior 1,045,858 (1,500) 11,044,35S1
Revenue Debt Service Furld
1980 G.O. Housing
Debt Service Fund 459,650 (1,500) (458,150)
1995 Seles Tax Refunding
Revenue Debt Service Fund
1995 Rio Grande Parking Gal
Certificates of Participetion 683,548 (6.000) (677,548)
JmprovementDistricts
Debt Service FU(ld 110,000 (3,000) (146,258) (39,258)
1992 G.O. Red Brick
Debt Service Fund 360,660 (1,500) 1359,160}
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~ O. City Shop
,rviceFund 232,550 (1,500) (231,050)
1995 Cozy Point
ENTERPRISE FUNDS
WeterFund 1,640,195 5,666,400 104,000 (491,087) (1,506,392} (2,581,300} 11,000,000) 1,831,816
Electric: Fund 1,606,846 4,543,927 (239,518) (3,277,267) (439,838) (679,900) (304,OOO} 1,210,250
Ruedi Hydroelectric Fund 215,357 1,160,400 (39,789) (517,680} 1549,896) 268,392
Trensportation/Parking Fund 752,475 1,523,765 829,231 (219,057) (1,278,601) (733,700) 674,113
Golf Course Fund 168,909 1,042,024 /115,158) (617,149) (135,707) (46,600) 286,319
Truscott Housing Fund 601,661 784,647 1280,691) (404,656) (10,000) 638,561
Marolt Hous!ng Fund 1,064,960 864,293 (306,581) (440,075) (28,000) 1,130,397
Castle Ridge NoteRec Fund 358,106 520,000 418,456
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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
2000 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 $38,879,697 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, 2000, and ending
December 31,.2000.
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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 ~ day Of~-1' 1999~
7:
Richards,
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
Council at its meeting held on the ~ day Of'12H~
City
1999
which Resolution was adopted subsequent to publication and public
meetings on such proposed budget
held on November 22,1999.
Lb-.zA(j") 0~
Kathryn S. Koch, City Clerk
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BUDGET RESOLUTION EXHIBIT "A"
CITY OF ASPEN
2000 COMBINED BUDGET OF ALL FUNDS
BUDGET SUMMARY
Beginning Unappropriated Balance Totals
TOTAL SOURCES OF FUNDS:
Operating Revenues
Pitkin County Joint Department Payments
Tap Fees
Other Sources
Note Proceeds
$37,670,954
586,396
1,100,000
8,810,951
108,743
TOTAL USES OF FUNDS:
Operating Expenditures
Debt Service
Capital Expenditures
$(23,940,510)
(5,244,774)
(18,705,282)
Ending Unappropriated Balance Totals
Net Fund Balance Increase - All Funds - 2000
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$21,922,939
$48,277,044
$(47,890,566)
$22,309,417
$ 386,478