HomeMy WebLinkAboutresolution.council.034-84RESOLUTION NO. 54
(Series of 1984)
WHEREAS, the City Ymnager, designed by Charter to prepare the budget, has
prepared and sutmitted to the Mayor and City Council the Annual Budget for the
City of Aspen, Colorado, for the fiscal year beginning January 1, 1985, and ending
December 31, 1985; end
WHEREAS, in accordance with Section 9.8 of the H~ne Rule Charter, the
Council shall adopt the budget by Resolution on or before the final day established
by law for the certification of the easuing year's tsx levy to the county; and
WHEREAS, in accordance with Section 9.4 of the Home Rule Charter, the
budget as submitted below end in Exhibit "A" sets forth estimated fiscal data
~mluding m~ticipated revonue and expenditures for the calenH~r year 1985:
CURR~If
EXPENDITURES htIf TRANsk~S OTH~ FI~IA~%$~G INCREASE [D~
~S OPERATING DEBT SERVICE IN [OUT] SOURCES/[USES] FUND BALANCE
~meral Fund
L~nd Fund
',.~an~por ta~on Fond
~Tneeler Trm~sfer Tax
Fund 564,550
Asset Replacement
1979 G.O. Street
i_~torovement Debt
Service Fund -0-
1980 G.O. Housing
Debt Service Fund -0-
1985 G.O. Street
Service Fund -0-
$4,284,307 $[5,077,238] ....
1,778,645 [ ll~,p00] [79,500] $ [358,400]
1,503,645 [1,171,345] -0-
[497,987]
-0- [132,474]
-0-
366,250
[421,776]
-0- [124,100] -02
-0- [369,000] -0o
$ 628,500
[1,604,400]
[332,300]
[43,000]
188,000
124,100
369,000
95,000
-0- [95,000]
$[164,431]
[378,255]
23,563
-0-
1982 Sales Tax Rev.
~.efunding Debt
Service Fund -0- -0- [169,300] 169,300 -0-
1982 Sales Tax ~
De~t Service Fund
62,000 -0- [1,285,400] 1,285,400 -0-
1985 Street
l~prow~ntFund -0-
-0- -0- -0- [700,000]
700,000
!984StreetConstruction'
Fund 112,000
[140,000] -0- 28,000
Water Pund 2,026,560 [542,360] '[1,442,900] [196,800]
Electric ~nd 3,309,600 [2,228,688]' [236,000]~ [403,000]
Golf CourseFund 291,450 [214,605]
Ice GardenF~nd 215,030 [236,596]
m ,a 15, 0 [2~,000]
Police
~md 88,000 [88,000]
bk~gglerSpecial
Asse~m~ntFund 76,600 [94,700]
Ca~tleridge
Not~Receiv. F~nd 355,000 -0-
[ 11,700 ] -0-
[21,040] 42,800
-0- 18,100
-0- [368,700]
IOTALS ............... $ 14,682,387 [10,422,119] [3,966,414] .-0-
-0-
[1,140,000]
1,100,000
[1,100,000]
[2,302,450]
-0-
-0-
-0-
-0-
[3,856,376]
-0-
62,000
[1,295,500]
[1,860,538]
65,145
194
[6,0OO]
[13,700]
[3,~67,522]-
RECORD OF PROCEEDINGS
100 Leaves
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 1985 as
submitted and attached hereto as Exhibit "A" and incorporated 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 $ 20,416,159 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, 1985 and ending
December 31, 1985.
Section 2
That the City Council hereby authorizes and directs the City Manager to
enter into such contractsand execute such documents on behalf of the City as
may be necessary and customary in the expenditure of the funds appropriated
for all Capital Acquisitions within this budget, and that Council further
directs the City Manager to inform it of such contracts and documents promptly
at its regular scheduled Council meetings.
ADOPTED THIS ~ day of ~i~~2~ , 1984
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 City Council at its meeting held on the
day of ~C~-~/~2t-~ , 1984, which Resolution was adopted
subsequent to the public hearing on such proposed budget held
1984.
Kathryn S~Koch, City Clerk
BUDGET RESOLUTION EXHIBIT "A"
1985
CITY OF ASPEN
COMBINED BUDGET OF ALL FUNDS
BUDGET SUMMARY
TOTAL SOURCES OF FUNDS:
OPERATING REVENUES
BOND PROCEEDS RECEIVED IN A PRIOR YEAR
NEW BOND & NOTE PROCEEDS
CASH SURPLUS FROM PRIOR YEARS
TOTAL SOURCES
$14,682,387
$ 3,442,450
$ 2,166,250
$ 125,072
$20,416,159
TOTAL USES OF FUNDS~
OPERATING EXPENDITURES
DEBT SERVICE ON EXISTING FINANCING
DEBT SERVICE ~ NEW FINANCING
PREVIOUSLY APPROVED CAPITAL EXPENDITURES
YEAR ONE OF THE CAPITAL IMPROVEMENT PROGRAM
$10,427,119
$ 3,629,814
$ 336,600
$ 3,442,450
$ 2,580,176
TOTAL USES $20,416,159