HomeMy WebLinkAboutresolution.council.023-67RECORD OF PROCEEDINGS
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RESOLUTION
Adopting budget for the year 1968.
WHEREAS, the City Administrator, previously designated
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, 1968, and ending December 31,
1968: and
WHEREAS, the budget as submitted (and amended)sets
forth the following estimated fiscal data for the year 1968:
1. REVENUE AND BEGINNING SURPLUS
a. Surplus beginning of
b. Anticipated Revenues
from all sources
the year $ -0-
$1~083~149.06
2. EXPENSE AND CLOSING SURPLUS
a. Expenditure requirements
b. Surplus, close of year
$1~083~149.06
$ -0-
Be
THAT THE AGGREGATE EXPENDITURE
REQUIREMENTS BE DIVIDED RE-
SPECTIVELY AS FOLLOWS:
a. To the General Fund $ 391~927.10
b. To the Water Fund $ 252~700.00
c. To the Electric Fund $ 284~500.00
d. To the Special Assessment
1963 Fund $ 17~000.00
e. To the Police Pension Fund $ 22~021.96
f. To the Special Assessment
1966-1 Fund $ 45~000.00
g. To the Special Assessment
67-1 Fund $ 70~000.00
WHEREAS, the assessed valuation of taxable property for
the year 1967 in the City of Aspen, as returned by the County
Assessor of Pitkin County, Colorado, is the sum of $8,299,520.00.
RECORD OF PROCEEDINGS
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-2-
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Aspen, Colorado:
That the estimated budget expenditure requirement of
$1,083,149.06 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 current expense,
and certain indebtedness of the City, including interest upon the
indebtedness, and to provide a reasonable surplus at the close of
the fiscal year beginning January 1, 1968, and ending December 31,
1968.
BE IT FURTHER RESOLVED:
That a tax of six (6) mills be levied on each dollar of
the assessed valuation of the taxable property in the City of
Aspen for the purpose of raising the sum of $49,797.12, which
together with surplus and revenue from all other sources, is
estimated to meet budget expenditure requirements and provide
reasonable closing surplus for the fiscal year beginning January
1, 1968, and ending December 31, 1968.
DATED THISc~DAY OF _~~ 1967.
Mayor
I, Lorraine Graves, duly elected City Clerk of the City
of Aspen, Colorado, do hereby certify that the foregoing is a
true and correct copy of the Resoluti~j~ a~opt~d by the Aspen City
Council at a special meeting held_~ ~j~--~) ~ /~y
City Clerk