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Home My WebLink Aboutordinance.council.047-06 ORDINANCE NO:+~ (Series of 2006) AN ORDINANCE APPROPRIATING AN INCREASE IN THE ASSET MANAGEMENT PLAN FUND EXPENDITURES OF 1,310,948, AN INCREASE IN THE GENERAL FUND OF $1,924,344, AN INCREASE IN THE PARKS FUND OF $1,872,255, AN INCREASE IN THE WHEELER FUND OF $680,000, AN INCREASE IN THE LODGING TAX FUND OF $150,000, AN INCREASE IN THE HOUSING DEVELOPMENT FUND OF $56,500, A DECREASE IN THE EARLY CHILDHOOD EDUCATION INTIATIVE FUND OF ($10,000), AN INCREASE IN THE WATER FUND OF $221,000, AN INCREASE IN THE ELECTRIC FUND OF $8,000, AND AN INCREASE IN THE HOUSING AUTHORITY FUND OF $18,750. WHEREAS, by virtue of Section 9.12 of the Home Rule Charter, the City Council may make supplemental appropriations; and WHEREAS, the City Manager has certified that the City has unappropriated current year revenues and/or unappropriated prior year fund balance available for appropriations in the following fund: ASSET MANAGEMENT PLAN FUND, GENERAL FUND, PARKS FUND, WHEELER FUND, LODGING TAX FUND, HOUSING DEVELOPMENT FUND, EARLY CHILDHOOD INITIATIVE FUND, WATER FUND, ELECTRIC FUND, AND HOUSING AUTHORITY FUND. WHEREAS, the City Council is advised that certain expenditures, revenue and transfers must be approved. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 Upon the City Manager's certification that there are current year revenues and/or prior year fund balances available for appropriation in the: ASSET MANAGEMENT PLAN FUND, GENERAL FUND, PARKS FUND, WHEELER FUND, LODGING TAX FUND, HOUSING DEVELOPMENT FUND, EARLY CHILDHOOD INITIATIVE FUND, WATER FUND, ELECTRIC FUND, AND HOUSING AUTHORITY FUND: the City Council hereby makes supplemental appropriations as itemized in the Attachment A. Section 2 If any section, subdivision, sentence, clause, phrase, or portion of this ordinance is for any reason invalid or unconstitutional by any court or competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion thereof. INTRODUCED, READ, APPROVED AND ORDERED ~/OR POSTED ON FIRST READING on the ;2::r day of ) , 2006. ATTEST: ~AL~TED AFTER PUBLIC HEARING on the ~ day of 7p' ~ , 2006. ATTEST: Approved as to Form: ~~ Worcestor, City Attorney Total City of Aspen 2006 Appropriations by Fund - Appendix A enOeO 2006 2006 Amenoeo Expenditure Supplemental # Expenditure Fund # Fund Name Budget 4 Budget General Govemment Funds 000 Asset Management Plan $6,162,138 $1.310,948 $7,473,086 001 General Fund $23 352 639 $1 924344 $25 276 983 Subtotal General Gov't Funds: $29,514,777 $3,235,292 $32,750,069 Soecial Revenue Funds 100 Parks and Open Space $11,762,168 $1,872,255 $13,634,423 120 Wheeler Opera House $4,256,161 $680,000 $4,936,161 130 Lodging Tax Fund $995,087 $150,000 $1,145,087 140 Parking Improvement Fund $2,052,570 $0 $2,052,570 150 Housing Development $40,064,336 $56,500 $40,120,836 Early Childhood Educ. Initiative- 151 AVCF $229,222 -$10,000 $219,222 152 Kids First / Yellow Brick $1 .546.124 ~ $1 546124 Subtotal, Special Rev. Funds: $60,905,668 $2,748,755 $63,654,423 Debt Service Funds 250 Debt Service Fund $3 853 247 ~ $3853.247 Subtotal, Debt Service Funds: $3,853,247 $0 $3,853,247 340 Parks Capital Improvement Fund $10,708,637 $0 $10,708,637 Enterpnse Funds 421 Water Utility $10,307,500 $221,000 $10,528,500 431 Electric Utility $7,128,348 $8,000 $7,136,348 441 Stormwater $12,908 $0 $12,908 444 Ruedi Hydroelectric Facility $293,610 $0 $293,610 450 Transportation Fund $6,202,371 $0 $6,202,371 471 Municipal Golf Course $1,149,059 $0 $1,149,059 491 Truscott Housing $2,079,445 $0 $2,079,445 492 Marolt Housing $1.168298 ~ $1 168298 Subtotal, Enterprise Funds: $28,341,539 $229,000 $28,570,539 501 Health Ins. Internal Service Fund $2,875,000 $0 $2,875,000 Trust & Agency Funds 620 620 Housing Authority $944,870 $18,750 $963,620 622 622 Smuggler Mountain Fund $80 960 ~ $80 960 Subtotal, Trust & Agency Funds: $1,025,830 $18,750 $1,044,580 ALL FUNDS: $137,224,699 $6,231,797 $143,456,495 Less Interfund Transfers $21,021,661 $4,091,465 $25,113,126 I EQUALS NET ALL FUNDS APPROPRIA TlONS: $116,203,038 $2,140,332 $118,343,369 A City of Aspen I --1 Attachment B , ._--~ I Supplemental Budget New Funding Requests -. DeDartment -. New Reauest De_scr!p..tion Amount Subtotal_bv..oEU':~t. ~01.10: Risk Management Employee Sattey - Yak Tracs - Funds are reimbursed by CIRSA $3,500 Technical adjustment for payroll $4,500 $8,000 001.13: Community Devel I , r-------- This is additional budget appropriations for the expenses Moratorium - to 001. 13. 13316.82~ meet Council_ dire~ives $256,000 Subtotal, Com Dev Department, --$256,000 001.31: Police Department I I .~~- 001.31.31200.80040 Forstmann Little reimbursement for overtime for the Iraqi President visit I $17,036 I 001.31.31300.80040 Forstmann Little reimbu-rSement for overtime for the Iraqi President visit I $5,300 I Vehicle accident reimbursement - expenses reimbursed - this formally appropriates the funds $4,389 Subtotal, Police Department I , $26,725 I 001.71: Recreation I Red Brick Center of Arts utilities billing correction - will be offset by $6,576 001.71.71000.82222, revenues generated in 2006 and will not affect the subsidy level Recreation has received unexpected unemployment charges - will be ------ 001.71.71000.80077 offset by revenues generated in 2006 and will not affect the sub~J~y level $3,000 Insurance expenses - will be offset by revenues generated in 2006 and will ------ 001.71.71000.82400 Inot affect the subsidy level $8,000 Insurance deductible incurred due to flood - will be offset by revenues --..- 001.71.71000.82400 generated in 2006 and will not affect the subsidy level .j1O,()OQ ----- --.--------- - 001.71.71620.82999 Increased demand for GynastiCS ~Tnstructor expense offset by revenues $600 001.71.71000.80012 Technical adjustment for payroll $40,000 ; Due to increased class enrollment, additional staff was needed - will be 001.71.71000.80030ioffset by revenues generated in 2006 and will not affect the subSidy level $25,089 Subtotal, Recreation: I $93,265 001.72: ARC , --------.. ------.-" Request for shed roof concrete work - will be offset by revenues generated i 001.72. 72100.83900 in 2006 and will not affect the subsidy level $6,000 i 001.72.72600.80012 Technical adjustment for payroll ~ pool and admin operations $36,000 Technical adjustment for payroll - Lewis Ice Arena for coverage of facilities -------.- 001.72.72700.80012 and programs $8,900 To meet the increase in demand for the ARC facilities; additional staff was needed - will be offset by revenues generated in 2006 and will not affect 001.72.72600.800121 the subsidy level $25,144 Subtotal, ARC' $76,044 001.74: Aspen Ice Garden L___. c-- IAdditional operations has increased labor expenses- will be offset by 001_ 74. 74000.80030 revenues generated in 2006 and will not affect the subsidy level $35,000 ---- Insurance expense - will be offset by revenues generated in 2006 and will ------ 001.74.74000.82400 not affect the subsidy level , ___" $8,600 1__' u___.._______ Hockey sleds and equipment due to increased in activity - will be offset by 0_0_:L:L~L'!.9}29:83999 i revenues generated in 2006 and will not affect the subsidy level $1,000 i i Subtotal, Aspen Ice Garden r------ $44,600 001.95 Interfund Transfers __L-____ - Transfer to the AMP ~ funding the J-enny Adair Tabor project and the ARC ! I 001.95.00000.95000 ~i~n~~P!~J~_~_. : $1.419,74 ----_._--_.~---------- .- Subtotal, Transfers:------- . -'$'i;419;7'10 I SUBTOTAL, GENERAL FUND:' I $1,924,344 100: . Parks and Open Space Fund __.__ ---..-- ._.__._------_._~------~ --... ~.. --.--- -------_.----.- -One time water reclamation transfer tathe-Golf -F"lJ-n~d - C $~~7~~~~ ---~ ~~~ - -- ~- 100.95.82067.95471 -- ...-- ------ -.. .__.._-~- - ---. ..-.-- IncreaseTr1the-Transfer to the Parks capitiii j:'und to fund all of the capital ~~. - - .. -. 100.95.00000.95340 projects appropriated in the 340 fund $1,674,703 . Subtotal~Parks Fund: $1,872;255 120: WheelerOp<>ra House Fund I .. =J $680,0001-' 120.95.00000.95000 I Redbrick remodel- interfund loan to AMP..__ $680,000 - Subtotal, Wheeler Opera House:1 I ~---- 130: Lodging Tax Fund: ~ To appropriate all of the 2006 Lociging Tax for distribution to ACRA and --- 130.00.19010.82000 'the City of Aspen Transit System - Technical adjustment $75,000 , Att ~. New Requests Page 1 City of Aspen ~----- ; Attachment B - - I Supplemental Budget --~-- " - --- New Funding Requests I I Del?a~E!:n~ j;____ . New ~ealJest DescriDtion t:::Amount Subtotal bv Dent.' To appropriate all of the 2006 lodging Tax for distribution to ACRA and 130.00.19020.82025 ,the City of Aspen Transit System - Technical adjustment $75,000 -.... I Subtotal, Lodging Tax Fund :! , $150,Odif 150: Housing Development I Subsidy Transfer to the Marolt Fund 492 - to maintain a 115% lease , 50.95.00000.95492 coverage ratio $56,500 Subtotal, Housing Development Fund:; $56,500 151: Early Childhood Initiative -AVCF 151.24.24300.80012 (Mange in Staffing id_-.l$10,000) Subtotal, Housing Development Fund:, ($10,000) 421: Water Utility ! - $68,ooot----=-= 421 :..94.44701.86000 I Pump Station energy efficient project - reimbursed by core funds in 2007 'October 30th, 2006 - Council approved the-submittal of a fall supplemental $108,000 I request in the amount of $1 08,000 to be used for Integra Engineering proposal of $21 B,OOO for high priority pump effiCiency projects, as well as a 421.94.44701.86000 number of lower priority items ___n_ 421.95.00000.95340 One time water reclamation transfer to the Golf Fund $45,000 I ------ - ----~---------------~--- Subf6ta(VvaterUtilitY; $221,000 431: Electric Fund 431.95,00000.95340: One time water reclamation transfer to the Go~ Fund 'r.~:~~~~'OOQ.~ I Subtotal, Parking I Transportation $8,000 620: Housing Administration I - --$18,750 I -- 620.B3.xxxxx.B0012:Technical adjustment for payroll budget authority --------- - ---1- -~----_.----SUbtotal:-Housing Administration $18,750 -- - 000: Asset Management Capital 000.91 ,82001.8601 0 Fin~_~ropriations J~ the clo~eo~of the New An.!'!I_~! Shelter Project $140,000 000.91.XXXXX.86000 ARC Energy efficiency project $933,000 _n____ Redbrick remodel - revised estimate needs additional $30,000 in 000.71,83065.86000 ~propriations . p~r asset management $30,000 000.90.82067.86000 Appropriating funds for the Jenny Adair project in 2006 $207,948 Subtotal, Asset Management Capital Fund: $1,310,948 Total New Requests !AII Funds: $6,231,797 I $6,231,797 Att 8. New Requests Page 2 CITY OF ASPEN i Attachment C 2006 Interfund Transfer Transfer From Fund Transfer To Fund Amount of Transfer Pu ose of Interfund Transfer 000: Asset Mananement I Wheeler 0 era House $186,468 Transfer to Wheeler Opera House I Kids First Fund $181,690 Transfer to Reoav Streets Loan ! Debt Service Fund - reduction -$1,203 Correcting Rev Refunding Bonds Transfer ;Oebt Service Fund $455 395 Transfer to Debt Service Fund Subtotal, Transfers From Asset Manageml $822,3501 001: General Fund T ; I Parks and Open s;;ace Fund: $81 ,960lAnnual Partial Subsidy of Food Tax Refund lHousi~Develo ment Fund $1, 126,848ITransfer - Zuoancis Property Re-purchase jAMP Fund $45,OOOIAspen Square and Curb and Gutter orojects AMP Fund $31,OOO!Third Floor Remodel - remaining contract Parkin and Transoortations Fund $10,000 I Correcting Transfer to match Resolution Parkin and Transoortations Fund $15,000 Interceot Service to encourage bus usage AMP Fund $20,000 I First Steo of the ARC Master Plan AMP Fund $10,000 IS Backup Switch Purchase AMP Fund $1 ,419,710IJenny Adiar and ARC efficency projects Transnortation Fund $140 000 I Operations Subsidy Subtotal, Transfers from General Fund: I $2,899,5181 100: Parks and o;;en 5 ace Fund Parks and Ooen Soace CaDital Fund Transfer to fund budgeted 340 Capital $3,714,067 improvement proiects. One time Water Reclaim transfer to Golf $197,552, Water Reclaim Project - transfer to Golf ! Parks Capital Facilities SPAC $250,000ISPARC Inter Fund Loan Interest I Debt Service Fund $893,873 Parks 2005 Open S ace Bonds -1 Debt Service Fund $856,188 Parks fiortion, 2001 Sales Tax Revenue Bonds I Debt Service Fund 2005 Parks and Open Space Revenue Bonds - $954,5061 refunding 1999 bonds Wheeler Onera House $1,722,201 Pay off the 2002 ARC Interfund Loan HousiiV1Develonment Fund $462,0001 Payoff the 2002 ARC lnterfund Loan Parks Facilities Fund 363 $649,619' Pay off the 2002 ARC lnterfund Loan I Overhead Payment. General Government General Fund $633 944 Support of Fund Operations Subtotal, Transfers from Parks and Open ,Space Fund: $10,333,950 120: Wheeler Opera House Fund I i Overhead Payment - General Government i General Fund $226,1481 Support of Fund Operations I i Interfund transfer to cash flow the Redbrick I AMP Fund $680 OOO! Remodel in 2006 I Subtotal, Wheeler Opera House: I $906,148 i 140: Parkin Gara e Fund i Transnortation Fund $100,000 Operations Subsidy I Debt Serv;ce Fund 2004 Certificate of Participation (Refunded, Originally issued in 1989 to construct Rio $694,488 Grande Parking Garage Transnortation Fund $76,795:0verhead, Transportation Administration ! i Overhead Payment - Genera! Government General Fund I $125 190, Sunnort of Fund Ooerations Subtotal, Parkinn Garane Fund: I $996 473 871,282.5 150: Hauslnn Develonment Fund I 450 Transnortation Fund $2,000,000 Burlin ame mitigation Truscott I Renta! Houslnn- Fund $1 ,091 ,192 I Truscott I, 2001 Housing Bonds Subsidy ITruscott Landscaninn Imnrovements Lanscaping improvements. transfer Parks $50,000 Capital Fund Marolt Ranch Seasonal Housinn Fund Marolt Ranch Seasonal Housing, Subsidy for $95,000 Budgeted Capital Improvements Housina Office Onerations Fund APCHA Housing Office, Operations Subsidy $170,255 (50% of total Subsidy, split with Pitkin County I Parkinn I Transnoratation Fund I Upgrade Burlingame car share vehicle to hybrid I $45,000; vehicle IGeneral Fund i IOverhead Payment - General Government $469 208:Support of Fund Operations I Subtotal, Housinn Develonment Fund: I $3 920 655! 3,281,192.0 151: Ea~ Childhood Educ. Initiative. AVCF i 'Kids First Fund I $10 000 Transfer to Kids First - for expenses , I $10000 Da Care Kids First !Yellow Brick) Fund I General Fund $30,000 Transfer. New Propertv Manager Position Overhead Payment. General Government General Fund $59 650 Support of Fund Operations I , $89 850 , CITY OF ASPEN I Attachment C 2006 Interfund Transfer Transfer From Fund Transfer To Fund Amount of Transfer Pu se of Interfund Transfer Parks and O~n Space Ca ital Fund IGeneral Fund Overhead ,Payment - General Government , $29 367 Sunnort of Fund Onl'lrations WaterUtil Fund I Return on Investment Payment, General Fund Sale of Land to Water Utility for Operations General Fund $1,000,000 Facilities General Fund $92,567 1/:f"n1obal wanninn.:EH Parks Cacital Fund I $770,000 Water Reclaim Pro'eet Parks and Ooen Space Fund , $150,000 Water usage Conservation Programs , One time Water Reclaim transfer to Golf I $45,000 Water Reclaim Project - transfer to Golf Overhead Payment - General Govemment General Fund $614189 Support of Fund Operations Subtotal, Water Utilitv Fund:: $2,671 756 2,057,567.0C Electric Utllltv Fund I General Fund $364,OOOIFranchise Fee Transfer to General Fund I IOVerhead Payment. General Government General Fund $296,536. Sunport of Fund Operations Parks Capital Fund I $130,000 Water Reclaim Pro.act Reudi HYdroelectric Fund Purchase of Hydroelectric power from City- $406,000 owned Generating Facility General Fund $92,567 1/3 Global Warming-EH One time Water Reclaim transfer to Golf $8,000 Water Reclaim Project - transfer to Golf Water Utilitv Fund $148309 ,Electric Utility portion of Utility Billing Services Subtotal Electric Utilitv Fund: I 1,031,412.0r $1445,412. Reudl Hvdroelectric Fund Overhead Payment. General Government General Fund $10,760 Support of Fund Operations I Transportation Fund IOverhead Payment - General Government General Fund $351,266 jSUpport of Fund Operations Parks and Ooen Soace Fund I Contribution for Mall Rubey Park Mall $318,054 I Maintenance Subtotal TransDortation Fund $669,320 ! Golf Course Fund i IOVerhead Payment - General Government General Fund $115,721 Support of Fund Ooerations Parks and Ooen Snace Fund $10000 Grounds Maintenance Services Subtotal, Golf Course Fund: $125721 Truscott Rental Houslna Fund Overhead Payment. General Government General Fund $35.054,Supoort of Fund Operations Housing Ooerations Fund Overhead Payment. Housing Operations $48 849 Support of Fund Operations Subtotal Truscott HouslnCl Fund: $83 903 Marolt Ranch Seasonal Housln Fund Overhead Payment - General Government General Fund $16,716 Support of Fund Operations Overhead Payment - Housing Operations Housina Ooerations Fund $24,650 Support of Fund Operations Subtotal. Marolt Ranch Fund: , $41,366 , Housina Office Ooeratlons Fund i I , IOverhead Payment - General Government General Fund: I $49 880 Sunnort of Fund Ooerations Smuaaler Houslna Fund I I General Fund Overhead Payment - General Government $3,382 SUDoOrt of Fund Operations Housino Ooerations Fund 3315: Housing Overhead iSubtotal, Smugaler Fund $6,697 : 2005 TOTAL INTERFUND TRANSFERS I $25,113,1261