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HomeMy WebLinkAboutresolution.council.023-80RECORD OF PROCEEDINGS 100 Leaves SOL ON NO. 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, ]981, and ending December 31, 1981; and WHEREAS, the budget as submitted sets forth the following estimated fiscal data including anticipated revenues and expenditures for the year 1981: Current Revenues Expenditures Transfers Fund Balance General Services and Operations Debt Service Land Fund Transportation Fund Water Fund Debt Service Electric Fund Debt Service Revenue Sharing Fund Police Pension Fund Employee Retirement Fund Transit Fund Debt Service Golf Course Fund Debt Service Ice Rink Fund Debt Service Wheeler Transfer Fund 1978 Sales Tax REf. Bond Fund Street Improvement - Const. Fund Sales Tax Bond Reserve Fund Castle Ridge Fund 1979 Street Improvement Debt Service 3,443,000 1,419,760 1,306,000 1,015,430 1,990,000 95,000 56,170 133,350 748,200 186,720 169,679 325,000 380,970 (3,938,363) (287,387) ( 24,543) 888,481 (363,260) (940,208) ( 60,000) (1,370,378) ( 538,348) ( 107,000) ( 364,195) (1,585,749) (286,680) 107,450) ( 95,000) 22,000) 74,000) (1,330,832) 1,058,348 407,946) ( 67,770) 186,720) 122,840 94,500) ( 28,340) 169,679) 219,809 91,562) ( 28,247) 114,745) 81,188 116,292 (124,378) 5,887 10,121 34,170 59,350 -0- -0- -0- 210,255 687,210) 687,210 -0- 121,583) ( 121,583) 50,000) 50,000 -0- 642,620) 179,680 ( 81,970) 136,300) 136,300 -0- Totals 11,269 ~79 (11,111,605) 31,658 189,332 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: N? 49 RECORD OF PROCEEDINGS 100 Leaves That the budget for the City of Aspen as submitted 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 $10,795,079 is 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, 1981, and ending December 31, 1981. ADOPTED the 22ndday of December , 1980. '~H. Mibhael Be~rendt Mayor Pro Tem 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 22n~ay of Dece~er , 1980, which Resolution was adopted subsequent to the public hearing on such proposed budget held , 1981. Kathryn S. ~o~h City Clerk