HomeMy WebLinkAboutresolution.council.020-72RECORD OF PROCEEDINGS
100 Leaves
RESOLUTION NO. ~
Series of 1972
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,
1973 and ending December 31, 1973;
AND WHEREAS, the budget as submitted sets forth
the following estimated fiscal data including anticipated
revenues
me
and expenditures for the year 1973:
Revenue and Beginning Surplus
year
sources
a. Surplus beginning of the
b. Anticipated revenues all
TOTAL
Expense and Closing Surplus
a. Expenditure Requirements
b. Surplus closing of the year
TOTAL
The aggregate expenditure requirements
to be divided as follows:
General Fund
a. General Operating Fund
b. Depreciation Reserve Fund
TOTAL
Debt Service Fund
a. 1938 Bond and Interest
b. 1970 Bond and Interest
c. 1971 Bond and Interest
TOTAL
Electric Fund
a. Electric Operating Fund
b. Bond and Interest Fund
$ 485,382.00
2~923,118.00
$ 3,408,500.00
3,130,097.00
278,403.00
$ 3,408,500.00
1,696,029.00
5,500.00
$ 1,701,529.00
2,040.00
38,158.00
328~405.00
$ 368,603.00
347,282.00
27,031.00
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c. Depreciation Reserve Fund
TOTAL
Water Fund
a. Water Operating Fund
b. Bond and Interest Fund
c. Depreciation Reserve Fund
TOTAL
Moore Pool
Golf Course
Iselin Concession Stand
~ecial Assessments Fund
a. Improvement District #63-1
b. Improvement District #66-1
c. Improvement District #67-1
TOTAL
Police Pension Fund
Parking Facility Fund
Employee Retirement
Land Acquisition and Capital
Improvement Fund
GRA~ TOTAL
AND WHEREAS,
for the year 1972 in the City of Aspen,
Assessor of Pitkin County, Colorado is
10~ aa
$ 384,813.00
212,227.00
226,058.00
$ 460,725.00
$ 33:77~.00
$ 5:710.0~
14,295.00
23,825.00
$ 64,392.00
.$ 58.500,00
$ 3.130.097.00
the assessed valuation of taxable property
returned by the County
the sum of $25,625,480;
AND WHEREAS, the City Council has determined that the
proper mill levy upon each dollar of the assessed valuation on all
taxable property within the City of Aspen is three and six-
tenths (3.6) mills;
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Aspen, Colorado:
RECORD OF PROCEEDINGS
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That the budget for the City of Aspen, as submitted,
is hereby adopted; that the estimated budgeted expenditure
requirements of $ 3,408~500.00 is declared to be the
amount of revenue necessary to be raised by tax levy and
income from all other sources, including surplus at the
beginning of the year; to pay the expenses and certain indebt-
edness of the City, including interest upon the indebtedness, and
to provide a reasonable surplus at the close of the fiscal
year beginning January 1, 1973, and ending December 31, 1973.
BE IT FURTHER RESOLVED that for the purposes of
defraying the expenses of the City of Aspen, Colorado during
the fiscal year beginning January 1, 1973, and ending December
31, 1973, there is hereby levied a tax of three and six-
tenths (3.6) mills on each dollar of the assessed valuation of
the taxable property in the City of Aspen, Colorado for the
purpose of raising the sum of $ 92,2~1.00 , which to-
gether with the surplus and revenue from all other sources,
is estimated to meet budget expenditure requirements and pro-
vide reasonable closing surplus for the said fiscal year.
ADOPTED THIS 17th day of October, 1972.
Mayo~~
I, Lorraine Graves, duly appointed City Clerk of the City of
Aspen, Colorado, do hereby certify that the foregoing is a true
and correct copy of the Resolution adopted by the Aspen City
Council at an adjourned meeting held October 17, 1972.
City Clerk