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HomeMy WebLinkAboutordinance.council.018-65O IN CE NO. (Series of 19~5~-- AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF ASPEN, COLORADO, FOR THE FISCAL YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1966, AND ENDING oN THE LAST DAY OF DECEMBER, 1966, ESTIMATING THE AMOUNT OF MONEY NECESSARY TO BE RAISED BY TAX LEVY BASED ON THE SAID BUDGET sO ADOPTED, ESTIMATING THE AMOUNT OF MONEY TO BE DERIVED FROM OTHKR REVENUE SOURCES; AND SETTING FORTH THE TOTAL ESTIMATED EXPENDITURES FOR EACH FUND. WHEREAS, the City Administrator designated to prepare the annual budget for Aspen, Colorado, for the fiscal year beginning January 1, 1966, and ending December 31, 1966, has prepared said budget and submitted it to the City Council, and WHEREAS, the City Council held a public hearing on said budget on September 27, 1965, AND, WHEREAS, the assessed valuation of taxable property for the year 1965 in the City of Aspen, as returned by the County Assessor Of Pitkin County, is the sum of $5,566,050.00. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Aspen, Colorado: ~ection 1: That the estimated revenue for the various funds of the City of Aspen is: GENERAL FUND From unappropriated surplus From property taxes From other revenue sources $ 40,000.00 30,000.00 183,000.00 TOTAL GENERAL FUND $253,000.00 WATER FUND From unappropriated surplus From other revenue sources $ 15,000.00 457,500.00 TOTAL WATER FUND $472,500.00 ELECTRIC FUND From unappropriated surplus From other revenue sources $ 80,000.00 224,000.00 TOTAL ELECTRIC FUND $304,000.00 Section 2: That the estimated expenditures for each fund of the City of Aspen, Colorado, are as follows: General Fund Water Fund Electric Fund $253,000.00 $472,500.00 $304,000.00 Section 3: That the budget for the City of Aspen, Colorado, for the fiscal year beginning January 1, 1966, and ending December 31, 1966, as heretofore submitted to the City Council by - 2 the City Administrator, and as changed and amended by said City Council be, and the same hereby is adopted and approved as the budget for the City of Aspen, Colorado, for said fiscal year. Section 4= That the budget herein approved and adopted shall be signed by the Mayor and the City Clerk, and made a part of the public records of the City of Aspen. this INTRODUCED, READ AND ORDERED PUBLISHED at a regular meeting ~ / Harald Pabst, Mayor Final}y adopted and approved this ~~ . , 1965. day of STATE OF COLORADO) COUNTY OF PITKIN ) I. Dorothy Hoffmann City Clerk of the City of Aspen. Colorado. do hereby certify that the above and fore- going ordinance was introduced, read in full and passed first reading at a regular meeting of the City Council of the City of Aspen. Colorado. on the 4th day of October . 1965. and published in the Aspen times, a weekly newspaper of general eirculation, published in the City of Aspen. Colorado. in its issue of October 8 . 19~. and was finally adopted and approved at a regular meeting of the City Council on October 18 , 1965, and ordered published as Ordinance No, 18 . Series of 1965 . of said City as provided by IN ;~iTNESS WHEREOF. I have hereunto set my hand and seal of cai& City of Aspen. Colorado. this 19 day of October . 1966.