HomeMy WebLinkAboutresolution.council.021-71RECORD OF PROCEEDINGS
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RESOLUTION NO.
series of 1971
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,
1972, and ending December 31, 1972;
AND WHEREAS, the budget as submitted sets forth
the following estimated fiscal data including anticipated
revenues and expenditures for the year 1972:
1. Revenue and Beginning Surplus
a. Surplus beginning of the year
b. Anticipated revenues all sources
TOTAL
2. Expense and Closing Surplus
a. Expenditure Requirements
b. Surplus closing of the year
TOTAL
3. The aggregate expenditure
requirements to be divided as
follows:
General Fund
a. General Operating Fund
b. Bond and Interest Fund
c. Depreciation Reserve Fund
TOTAL
-0-
$2,728,441.00
$2,728,441.00
$2,703,350.00
25,061..0~
$2,728,441.00
$1,201,370.00
36,538.00
4,835.00
$1,242,943.00
Electric Fund
~. Electric 'Operating Fund
b. Bond and Interest Fund
c. Depreciation Reserve Fund
TOTAL
$ 575,488.00
27,812.00
2.,~00.00
$ 605,700.00
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Water Fund
a. Water operating Fund
b. Bond and Interest Fund
co Depreciation Reserve Fund
TOTAL
$ 257,954.00
139,746.00
12,000.0~
$ 409,700.00
Special Assessments Fund
a. Improvement District ~63-1
b. improvement District 966-1
c. Improvement District ~67-1
TOTAL
Police Pension Fund
Land Acquisition and Capital
Improvement Fund
GRAND TOTAL
$ 23,272.00
36,623.00
38,203.0~
$ 98,098.00
$ 6,000.00
$ 366,000.00
$2,728,441.00
AND WHEREAS, the assessed valuation of taxable
property for the year 1971 in the City of Aspen, returned
by the County Assessor of Pitkin county, Colorado is the
sum of $24,619,570;
AND WHEREAS, the city Council has determined that
the proper mill levy upon each dollar of the assessed valua-
tion 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:
Tkat the Budget for the City of Aspen, as sub-
mitted, is hereby adopted; that the estimated budgeted
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expenditure requirements of $2,728,441.00 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
indebtedness of the City, including interest upon the in-
debtedness, and to provide a reasonable surplus at the close
of the fiscal year beginning January 1, 1972, and ending
December 31, 1972.
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, 1972, and ending Decem-
ber 31, 1972, 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 $88,630.45, which together
with the surplus and revenue from all other sources, is
estimated to meet budget expenditure requirements and pro-
~id~reasonable closing surplus for the said fiscal year.
ADOPTED THIS 18th day of T~'
Mayor
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 a regular meeting held October 18, 1971.
Clerk