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HomeMy WebLinkAboutordinance.council.007-62ORDINANCE NO. (Series of 1962) AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF ASPEN, COLORADO, FOR THE FISCAL YEAR BEGINNING ON THE 1ST DAY OF JANUARY, 1963, AND ENDING ON THE LAST DAY OF DECEMBER, 1963, 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 OTHER REVENUE SOURCES; AND SETTING FORTH THE TOTAL ESTIMATED EXPENDITURES FOR EACH FUND. WHEREAS, the City Administrator, designated to prepare the annual budget for City of A~pe.n., C~lorado, for the fiscal year beginnirg January 1, 1963, and endzng~ecember 31, 1963, has prepared said budget and submitted it to the City Council and, WHEREAS, the City Council held a public hearing on said budget on October 15, 1962, AND, WHEREAS, the assessed valuation of taxable property for the y~ar 1963 in the City of Aspen, as returned by the County Assessor of Pitkin County, Colorado, is the sum of $3,782,370.00. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: SECTION 1: Thmt 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 Total General Fund $ 8,000.00 64,300.29 83,516.00 $1§5,816.29 BOND AND INTEREST FUND From unappropriated Surplus From property taxes From other revenue sources Total Bond and Interest Fund 3,891.83 3,782.37 None $ 7,674.20 ELECTRIC FUND From Unappropriated Surplus From other revenue sources Total Electric Fund $ None 181,985.96 $181,985.96 WATER FUND From Unappropriated Surplus From other revenue sources Total Water Fund $ None 112,195.00 $112,195.00 SECTION 2: That the estimated expenditures for each fund of the City of Aspen are as follows: GENERAL FUND ELECTRIC FUND WATER FUND BOND AND INTEREST FUND $155,816.29 181,985.96 112,195.00 2,465.00 SECTION 3: That the budget for the City of Aspen, Colorado, for the fiscal year beginning January 1, 1963, and ending December 31, 1963, as heretofore submitted to the City Council bY the City Adminis- trator, 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 for said fiscal year. SECTI£N 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. INTRODUCED, READ, AND ORDERED PUBLISHED as provided by law by the City Council of Aspen, Colorado, at its regular meeting held at the said City of Aspen, on the 15th day of October, 1962. ? FINALLY PASSED, ADOPTED AND APPROVED on thie ~ ~'. 1962. day of . -. ~ ' ×" Mayor AT~EST: CITY CSERg -2- Colorado, do'haF~y certify that the foregoing Ordinance was introduced and read at a regular meeting of the ~i~y~uncil of said City of Aspen he~d on the ~_~__ day o~.-A.- , 196~ and by order of sazd City Council was published as a proposed ordinance as the law directs and for mo~e than ten days prior to its passage in .th~Aspen~imes, legal newspaper: and that on the ~ day of ~ 196~--~ the sald proposed Ordinance was read an~the City Council aforesaid, the said meeting of said City Council bein~ a regular meetin~ and ordered published in the aforesaid news- paper as the law directs. WITNESS my hand and the official seal of ~he City df Aspen, Colorado, this c~ day of~196_7~