The URL can be used to link to this page

Home My WebLink Aboutresolution.council.153-00 RESOLUTION NO. 153 (Series of 2000) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO ADOPTING THE 2001 MUNICIPAL 'BUDGET AND AUTHORIZING APPROPRIATIONS PURSUANT 'THERETO 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, 2001 and ending December 31, 2001; and WHEREAS, in accordance with Section 9.8 of the Home Rule Charter, the Council shall adopt the budget by Resolution on or before the final day established .by law for the certification of the ensuing year's tax levy to the county; and WHEREAS, Article 9 of the Aspen Home Rule Charter requires the adoption of an annual budget with the opportunity for the public to participate at a public heating,it is the intent of council By the adoption of this budget to follow the requirements of the City Charter in 2001; and WHEREAS, in accordance with Section 9.4 of the Home Rule Charter, the budget as submitted on the following two pages and in Exhibit "A" sets forth estimated fiscal data including anticipated revenue and expenditures for the calendar year 2001: 2001 CITY OF ASPEN BUDGET RESOLUTION - DETAIL BY DEPARTMEN! Overhead EXPENDITURES Ending Beginning Other Transfers Jr. Dept. Debt Asset Transfers 2001 Cash Balance Revenues Sources In Payments Operatin,q Service Mgmt. Out Balance GENERAL FUND General'& Administrative 4,915 438 200,000 1,740,529 (2,454,932) Contributions (583,881) City Council 174,325 208,449 (276,096) CCLC (35,693) City Mansger 411,797 (545,437) Hurnan Resources 177,313 (485,187) City Clerk 245,858 (458,472) City Attorney 349,371 (423,332) Risk Management 39,499 (94,315) Finance 7,194,969 533,407 (818,704) Planning 170,200 {127,826) (587,379) Engineering 20,300 119,420 (398,496} Building * 721,000 (339,942) Environmental Health 30,805 (224,534) Police 63,850 (2,695,914) Dispatch * Radio Maintenance * (359,373) (30,826) Streets 300,804 209,126 ( 1,214,801 ) GIS 112,000 100,640 (201,279) Informati6n Systems 598,446 (930,272) Recreation 366,553 {1,078,968) Ice Garden 247,100 (522,237) Asset Management 120,742 (250,545) Lottery 51,000 (48,000) Excess Property Tax to Ice/Pool 465,477 ' {544,648) 1-Time Supplemental Proiects (92 800) ................................. ~ ........ · City Share of Joint Department Run by Pitkin County ASSET MGMNT PLAN Property Tax Revenue 2,087,178 2,654,932 Senior Property Tax Rebate -' Lease & Other Revenue 223,400 Capital Projects Red Brick School Debt Parks & Rec Bond -Ice Garden (369,160) D.P. Plan-City Share (93,556) Purchase Youth Center (81,495) Power Plant Sridge (1,400,000} Pedestrian Plan {240,000) Detox Program (100,000) Staff Housing (25,000) Contribution to Proshop/Nordic (250,000) Contribution to Iselin Sports Coral (500,000} City Shop (650,000) Streets Improvement Plan (238,335) Major Maintenance (309,408) (368,156) (191,600) ..F!~ .................... ,~ ............. 139 200 ........ 2001 CITY OF ASPEN BUDGET RESOLUTION - DETAIL BY DEPARTMEN! Overhead EXPENDITURES Ending Beginning Other Transfers . Jt. Dept. Debt Asset Transfers 2001 Cash Balance Revenues Sources In Payments Operatin~l Service M,qmt. Out Balance CAPITAL PROJECTS FUNDS Parks and Recreation Fa~; res 3 591 648 ' SPECIAL REVENUE FUNDS Parks and Open Space Fund 2,668,884 7,419,112 5,541,975 10,000 (492,595) (2,191,187) (5,276,000} (1,570,O37) 6,110,152 Contributions (288,600) Operations 3,230,740 2,857,546 186,468 (143,106) (1,418,O62) (391,200) 4,033,786 Parking Improvement Fund 752,655 1,374,480 (164,560) (286,150) · '(128,500) - (799,513) 748 412 Housing/Day Care Fund * 7,647 982 5 656 157 21,857 300 1 401 288 568 526 4 DEBT SERVICE FUNDS 1999 Parks & Recreation 1,051,001 (4,O00) (1,O47,001) Revenue Debt Service Fund 1995 Rio Grande Parking Garage Certificates of Participation 699,513 {11,O00) (688,513) Debt Service Fund 7,807 139,613 (3,000) (144,420) 1992 G.O. Red Brick Debt Service Fund 369,160 (6,500) (362,660) 1993 G.O. City Shop Debt Service Fund 238,335 (6,500) (231,835) 1995 Cozy Point Certificates of Participation . 372 063 (11 000) (361 063 ENTERPRISE FUNDS Water Fund 3,272,419 4,690,576 121,897 {555,571) (1,848,600) (1,334,100) (1,500,O00) 2,846,621 51ectric Fund 982,466 4,456,716 (308,731) (3,406,991) (440,448) (395,400) (321,897) 565,715 Ruedi Hydroelectric Fund 437,886 1,161,660 {23,332) (582,576) (545,753) (10,O00) 437,885 Transportation/Parking Fund 1,035,551 1,556,O72 1,600,000 100,000 {194,806) (1,616,482) (83,000) (650,000) 1,847,335 Golf Course Fund 2,015,268 1,051,836 (97,068) (682,748) (135,707) (45,900) I1,907,000) 198,681 Truscott Housing Fund 650,809 777,140 (304,808) (413,203) (10,400) (302,400) 397,138 Marolt Housing Fund 1,O55,252 873,827 (317,498) (448,702) (25,000) (267,200) 870,679 Castle Ridge Note Rec Fund NOW, THEREFORE,. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the budget for the City of Aspen for the fiscal year 2001 as submitted a attach hereto as Exhibit "A" and incorporated herein by this reference, be and is hereby adopted, which option all constitute appropriations of the amounts specified therein as expenditures from the funds indicated: and that the estimated budget revenue requirements of $44,382,896 is hereby 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 provide a reasonable Fund Balance at the close of fiscal year beginning January 1, 2001, and ending December 31, 2001. Section 2 That the City Council hereby authorizes and directs the City Manager to enter into such contracts and execute such documents on behalf of the City as may be necessary and customary to expend the funds appropriated for all Capital Acquisitions within its budget, and that Council further directs the city manager to inform it of such contracts and documents promptly at its regularly scheduled Council meetings. ADOPTED THIS ~ day of~200~ R~hel E.'Richards, Mayo~ - ~ 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/t/t day of~~~90111twhich Resolution was adopted subsequent to and publication public meetings on such proposed budget held on /~/! f 200~ BUDGET RESOLUTION EXHIBIT "A" CITY OF ASPEN 2001 COMBINED BUDGET OF ALL FUNDS BUDGET SUMMARY Beginning Unappropriated Balance Totals $28,673,157 TOTAL SOURCES OF FUNDS: Operating Revenues $44,382,896 Pitkin County Joint Department Payments $437,947 Other Sources $29,199,275 $74,020,118 TOTAL USES OF FUNDS: Operating Expenditures $(26,266,958) ~ Debt Service $(4,819,305) Capital Expenditures $(32,953,955) $(64,040,218) Ending Unappropriated Balance Totals $38,653,057