HomeMy WebLinkAboutresolution.council.031-85 so,.mo ,o. 3 l
(Series of 1985)
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, 1986, and ending December 31, 1986; and
WHEREAS, in accordance with Section 9.8 of the Rome 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, in accordance with Section 9.4 of the ltome Rule Charter,
the budget as submitted below and in Exhibit "A" sets forth estimated
fiscal data including anticipated revenue and expenditures for the
calendar year 1986:
EXPENDITURES CURRENI
......................... NET TRANSFERS OTHER FINANCING INCREASE (~EC~EA~xE)
~:EUENUE8 OPEP. qTI.~8 [~DT SERVICE IN (DUI') GOUREES/(USE8) ~ D~AN8E
Bererul Fund $4,550,033 ($5,425,86!) $507,500 $0 ($368,328)
Lund Fund $1,B?B,571 (4208,200) (4388,000). ($I,707,500) S463,000 $57,871
Tronsportu%ion Fund $425,700 ($54,000) ($364,000) $0 $7,700
Wheeler Truns~er Tux Fund $554,570 (S585,180) (450,000) $0
Asset 8ephcuuent Fund $0 GO ($104,400) $188,000 ($595,000)
$511,000
1977 G.O. Street !mWow
Debt Service Fund $0 $0 ($!~,000) 4120,000 iO 40
1980 6.0. Housing
Debt Service Fund $0 GO ($369,000) $369,000 $0 $0
1782 Soles Tux ~:ev.
~efunding Debt
Service Fund $0 $0 ($168,000) $168,000 S0 $0
· 1985 Suleu Tux ReFunding
~evenue Debt Service Fund
1986 Debt Service Fund
. 1~86 Copit~! Projects Fund
$0 GO ($1,379,000) $1,379,000
$0 $0 ($370,000) $370,000
$0 $0 $0 $0
~uter Fund $2,0~6,000 (4575,437) ($1,524,000) ($212~000)
Electric Fund $4,200,000 ($3,210,284) ($370,000) (4478,000)
Golf Course Fund $315,465 ($294,065) ($12,000)
Ice Gorden Fund $217,050 ($255,797) ($~,000) $61,000
E~plogee Retirement Fund $12,500 ($1G,O00) $0
$0 $0
($3,000,000)
$3,000,000 $0
$0 ($2i5,437)
($2~6~5,000) ($2,553,284)
$0 $9~400
$0 $251
$0 (45,5Q0>
S~uggler Special
Assessment Fund $73,700
($91,000) $0 $18,000 S0 $700
CostlePidge ~te
Receivub!e Fund
Aspen Nountoin Lodge
Special Improv~sent Gist.
TOTALS
$54,000 40 iO ($369,000) $0 ($15,000)
$0 $0 $0 $0
(~,000,000)
$14,697,569 ($10,717,826) ($dsS06fdOO) $0 (i2,316,000) ($~,242,637)
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
1986 as submitted and attached hereto as Exhibit "A"
fiscal year
and incorp-
orated 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 $26,914,226 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 the fiscal year beginning January 1, 1986, and
ending December 31, 1986.
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 in 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 regular
scheduled Council meetings.
ADO?TED THIS day of ,
1985.
William L. Stirling, Mayor
1985, which Resolution was adopted
heating on such proposed budget held
1985.
I, KATHRYN 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
Council at its meeting held on the .~%z~.~ day of ~%J,
subsequent to the public
Kathryn S. Koch, City Clerk
BUDGET,,:~u~m-~m itT~n~u,, EXHIBIT '^'~
CZTY,FO~ ASPEN
19B6 COMBINED BUDGET OF ALL Fi~DS
BUDGET SggMARY
~, rfc OF rU~IS:
TOTAL SO~R ....
Oporuting Revenues
Bond Proceeds Received In A Prior YeoT
New Bond & Note Proceeds
Cosh Surp!:s From Prior Yeors
$14,6~,587
2,6?5,000
B,974,000
547,637
~,914,=~
~n~Ai I O~O OF
Operating Expenditures.
Debt Service On Existin~ Finoncing
Debt Service On New Fin~ncin~
Previousl~ Approved C~pit~l Expenditures
1986 C~pitol Improve~mnt Program
Other Cupito! Purcheses (Asset Replocement Fund)
As~mn Mountain Lodge Spe~iel Improvement Dist.
~u,7~,,8~6
4,536,400
3~,000
2,695,000
3,000,000
9~,000
5,0~0,000