HomeMy WebLinkAboutresolution.council.039-82RECORD OF PROCEEDINGS
100 Leaves
RESOLUTION NO.~?
(Series of 1982)
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,
1983, and ending December 31, 1983; and
WHEREAS, the budget as submitted set forth the following estimated
fiscal data including anticipated revenues and expenditures for the year
1983:
NET TRANSFERS
REVENUES EXPENDITURES IN [OUT]
CURRENT
INCREASE [DECREASE]
FUND BALANCE
General Fuhd:
Operations & Debt Service
Land Fund:
Debt Service
Transportation Fund: Debt Service
Wheeler Transfer Tax Fund:
Asset Replacement Fund:
$3,726,926 $[4,357,752] $ 784,480 $ 153,654
1,711,260 [231,623] [1,282,281] 169,395
[27,961]
1,384,000 [60,000] [1,531,121] [207,121]
293,000 [142,000] 212,628 363,628
.... [83,790] 83,790 -0-
'79 G.O. Street Improvement Fund:
Debt Service ....
[127,660] 127,660 -0-
'80 G.O. Housing Bond Fund:
Debt Service
[ 369 , 400 ] 369,400 -0-
'82 Sales Tax Revenue Refunding
Fund Debt Service:
[173,136] 173,136 -0-
'82 Sales Tax Revenue
Refunding & Improvement Fund:
Debt Service
110,500
[1,024,936]
1,024,936 110,.500
Capit~l Projects
Wheeler & Open Space Fund: 180,000
Castleridge Note Receiv. Fund: 357,388
Water Fund: 1,789,800
Debt Service
Electric Fund: 2,793,000
Debt Service
Transit Fund: 2,644,081
Golf Course Fund: 229,635
Ice Garden Fund: 217,351
Revenue Sharing Fund: 75,000
Employee Retirement Fund: 15,000
TOTALS ..................... $15,526.941
[4,346,605] [562,628] [4,729,233]
.... [368,700] [ 11,312]
[3,798,015] [160,930] [3,761,143]
[1,591,998]
[2,278,842] 74,480 488,563
[100,075]
[3,733,605] 1,090,150 626
[249,795] 40,000 19,840
[214,079] -0- 3,272
.... [75,000] -0-
[4,000] .... 11,000
$[22~915,272] -0- $[7,388,331]
RECORD OF PROCEEDINGS
100 Leaves
NOW, THEREFORE, BE IT RESOLVED BY THE CITY cOUNCIL OF THE CITY
ASPEN, COLORADO:
Section 1
That the budget for the City of Aspen for the fiscal year 1983 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
$15,526,941.00 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, 1983, and ending December 31, 1983.
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 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 the ~ day of ~~L~ , 1982.
Herman Edel, Mayor
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 ~-~f~'~'~ , 1982, which Resolution
was adopted subsequent to the public hearing on such proposed budget held
, 1982.
· (Page One of Three)
INTERFUND TRANSFERS
General Fund Transfers:
Transfers into General Fund for Administration Allocation
FROM:
Land Fund
Transportation Fund
Wheeler Fund
Water Fund
Electric Fund
Transit Fund
Golf Course Fund
Ice Garden Fund
$ 90,345
98,985
72,350
i60,930
91,730
80,850
35,670
29,320
Sub-Total Administration Allocation
$660,180
Transfers into General Fund for Project Administration
FROM:
Land Fund $227,000
Transportation Fund 88,000
Revenue Sharing Fund 75,000
Castleridge Note Receivable Fund 368,700
Sub-Total Project Administration
$758,700
Transfers From General Fund
TO:
Debt Service - '79 G.O. Street $[127,660]
Debt Service - '80 G.O. Housing [369,~00]
Wheeler Fund (Admin. Allocation) [ 72,350]
Golf Course (Admin. Allocation) [ 35,670]
Ice Garden (Admin. Allocation) [ 29,320]
Sub-Total Transfers from General Fund
$[639,400]
NET TRANSFERS INTO GENERAL FUND $ 784,480
Land Fund Transfers:
Transfers From Land Fund
TO:
General Fund (Parks Allocation) $[ 227,000]
General Fund (Admin. Allocation) [ 90,345]
Golf Course (Debt Serv. '82 S.T.) ~ 72,770]
Wheeler (Debt Service '82 S.T. ) [ 221,830]
Debt Service ('82S.T. Rev & Imp) [ 630,336]
Golf Course (ProShop Landscaping) [ 40,000]
NET TRANSFERS FROM LAND FUND $[1,282,281]
Transportation Fund Transfers:
Transfers From Transportation Fund
TO:
General Fund (Admin. Allocation) $[ 98,985]
General Fund (Mall Maintenance) [ 88,000]
Debt Service ('82 St. Rev Refund) [ 173,136]
Transit Fund (Bus Operations) [1,I71,000]
NET TRANSFERS FROM TRANS. FUND $[1,531,12t]
(Page Two of Three)
Wheeler Transfer Tax Fund:
Transfers to Wheeler Fund
FROM:
General Fund (Admin. Allocation) $ 72,350
Land Fund (Debt Service) 221,830
Wheeler & Open Space Fund 312,628
Sub-Total Transfers to Wheeler Fund
Transfers From Wheeler Fund
TO: General Fund (Admin. Allocation)
Debt Service (82 S.T.Rev & Imp)
Sub-Total Transfers from Wheeler Fund
$606,808
$[ 72,350]
[321,830]
$[394,180]
NET TRANSFERS INTO WHEELER FUND $ 212,628
Asset Replacement Fund:
Transfer into Asset Replacement Fund
FROM: Electric Fund
NET TRANSFERS INTO ASSET
REPLACEMENT FUND
$ 83,790
$ 83,790
Debt Service Fund('79 G.O. Street Improvement Fund):
Transfer into Debt service Fund
FROM: General Fund
NET TRANSFERS INTO DEBT SERV.
$ 127;660
$ 127,660
Debt Service Fund('80 G.O. Housin~ Bond Fund):
Transfers into Debt Service Fund
FROM: General Fund
NET TRANSFERS INTO DEBT SERV.
$ 369,400
$ 369,400
Debt Service ('82 Sales Tax Revenue Refund Fund):
Transfers into Debt Service Fund
FROM: Transportation Fund
NET TRANSFERS INTO DEBT SERV.
$ 173,136
$ 173,136
Debt Service ('82 Sales Tax Rev. Refundin8 & Imp):
Transfers into Debt Service Fund
FROM:
Land Fund
Wheeler Fund
Golf Course Fund
NET TRANSFERS INTO DEBT SERV.
$ 630,336
321,830
72,770
$1,024,936
Captial Project- Wheeler & Open Space Fund:
Transfers From Capital Project Fund
TO: Wheeler Fund
Electric Fund
NET TRANSFERS OUT OF FUND
$[312,628]
[25O,OOO]
$[5~Z,~28]
(Paze Three of Three)
Castleridse Note Receivable Fund:
Transfers From Castleridge Fund
TO: General Fund
NET TRANSFERS OUT OF CASTLERIDGE
$[368,700]
$[368,700]
Water Fund:
Transfers From Water Fund
TO: General Fund (Admin. Allocation)
NET TRANSFERS OUT OF WATER FUND
$[160,930]
$[160,930]
Electric Fund:
Transfers From Electric Fund
TO: General Fund (Admin. Allocation) $[ 91,730]
Asset Replacement Fund [ 83,790]
Sub-Total Transfers into Electric Fund $[175,520]
Transfers Into Electric Fund
FROM: Capital Project Fund $ 250,000
NET TRANSFERS INTO ELECTRIC FUND $ 74,480
Transit Fund
Transfers Into Transit Fund
FROM: Transportation Fund
Transfers From Transit Fund
TO: General Fund (Admin. Allocation
NET TRANSFERS INTO TRANSIT FUND
$t,171,000
[ 8O,85O]
$1,090,150
Golf Course Fund:
Transfers Into Golf Course Fund
FROM: General Fund (Admin. Allocation)
Land Fund (Debt Service)
Land Fund (Pro Shop Landscaping)
Sub-Total Into Golf Course Fund
Transfers From Golf Course Fund
TO: General Fund (Admin. Allocation)
$ 35,670
72,770
40,000
$ 148,440
$[ 35,670]
Debt Service ('82 St. Rev Ref & Imp)[ 72,770
Sub-Total From Golf Course Fund $[108,370]
NET TRANSFERS INTO GOLF COURSE $ 40,000
Revenue Sharin~ Fund:
Transfers From Revenue Sharing Fund
TO: General Fund
NET TRANSFERS OUT OF RS FUND
$[ 75,000]
$[ 75,000]