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HomeMy WebLinkAboutresolution.council.038-83RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. ~ (Series of 1982) WHEREAS, the City Manager, designated by Chhrter to prepare the budget, bas 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~ }984, and ending December 31, 1984; and WHEREAS, the budget as submitted set forth the following e~timated fiscal data including anticipated revenues and expenditures for the year 1984: :: 'CURRENT NET TRANSFERS INCREASE [DECREASE] REVENUES EXPENDITBRES IN [OUT] FUND BALANCE General Fdhd: Operations & Debt Service $3,972,344 $[4,722,686] $ 822,121 $ 71,779 Land Fund: Debt Service 1,744,900 [142,533] [79,245] [1,245,650 ] 277,472 Transportation Fund: 1,453,000 [1,1n,398] [341,602] -0- Transfer Tax Fund: · 475,750 [400,225] [100,000] [24,475] Asset Replacement Fund: [87,429 ] 87,429 -0- '79 G.O. Street Improvement Fund: Debt Service .... '80 G.O. Housing Bond Fund: Debt Service .... [123,340 ] 123,340 -0- [364,240 ] 564,240 .--0- '82 Sales Tax Revenue Refunding Fund.Debt. Service: [170,065 ] 1.70,065 -0- '82 Sales Tax Revenue Refunding & Improvement Fund: Debt Service !.62',.000 .... 1,118,114 62,000 [1,118,114'] Capital Projects hrneeler & Open Space Fund: '---.. Castlaridge Note Receiv. Fund: . 356,342 .... : h54,000 ] [ 154,000 ] .... ~68,692 ] [12,350 ] Water Fund: Debt Service Electric Fund: Debt Service 1,.79 ,5oo 7,.814,300 Golf Course Fund: 286,010 Debt Service: Ice Garden Fund: 222,250' Revenue Sharing.Fund: 85,000 Employee Retirement Fund: 15,000 ?olice'Pens/on Fund: $' 80,00~ [2,852,086 [1,471,320 [6,971,917 ] · ~O0,175 ] ~84,408 ] [270,817] ~,711,314 ] 171,391 ~07,695 ] .... 55,100 [23,215] ~35,190 ] 33,000 ,'. 60 .... [8~,ooo] -o- ~21,0oo ] .... ~.00ot $[. 8o,ooo..] ~ ..... $ -o- smuggler Special Asses. Fund: ' 64,000 [ 79,060 ] 15,060 -0- 1984 Street Coustruciton Fund: 67,200 TOTAl" $1~ 4q4 596 [ 84,000 ] 16,800 -0- '. RECORD OF PROCEEDINGS 100 Leaves ~0)$,, TllEREFORE, BE IT RESOLVED BY TllE CITY COUNCIL OF TIIE CITY ASPEN, COLORADO: Section.1 ,Th~t~the budget for the City. of Aspen for the fiscal year 1984 as submitted 'and attached hereto as'Exhibit "A" and incorporated herein by .this reference, be a~d is hereby adopted, which adoption shall ~onstitute appropriations of the amounts specified therein as expenditures from the funds indicated; and that the estimated budget revenue requirements of $18,494,596.00 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, 1984, and ending December 31, 1984. 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 expenditure of the funds appropriated for all Capital Acquisitions wlt~in this budget, and that Council further directs the City Manager to inform it of such contracts an~ documents promptly a~ its_ regular scheduled Council meetings. ADOPTED the~ , 1983. 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~/~-~.~/ , 1983, which Resolution was adopted subsequent t% the public hearing on such proposed budget held 'Kathryn S. 'K~, City Clerk